AI assistant
LOEWS CORP — Director's Dealing 2025
Jan 6, 2025
30284_dirs_2025-01-06_b88ac0d0-89ce-4923-b81c-409d3abc4492.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2025-01-02
Reporting Person: TISCH JONATHAN M (DIRECTOR EMERITUS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-02 | Common Stock | M | 15000 | $40.46 | Acquired | 15000 | Direct |
| 2025-01-02 | Common Stock | M | 15000 | $40.61 | Acquired | 30000 | Direct |
| 2025-01-02 | Common Stock | M | 15000 | $38.46 | Acquired | 45000 | Direct |
| 2025-01-02 | Common Stock | M | 15000 | $35.52 | Acquired | 60000 | Direct |
| 2025-01-02 | Common Stock | D | 20782 | $85.02 | Disposed | 39218 | Direct |
| 2025-01-02 | Common Stock | D | 23004 | $84.94 | Disposed | 16214 | Direct |
| 2025-01-02 | Common Stock | S | 16214 | $84.86 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-02 | Stock Appreciation Right | $40.46 | M | 15000 | Disposed | 2025-01-09 | Common Stock (15000) | Direct |
| 2025-01-02 | Stock Appreciation Right | $40.61 | M | 15000 | Disposed | 2025-01-09 | Common Stock (15000) | Direct |
| 2025-01-02 | Stock Appreciation Right | $38.46 | M | 15000 | Disposed | 2025-01-09 | Common Stock (15000) | Direct |
| 2025-01-02 | Stock Appreciation Right | $35.52 | M | 15000 | Disposed | 2025-01-09 | Common Stock (15000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7155529 | Indirect |
| Common Stock | 253403 | Indirect |
Footnotes
F1: The transactions reported in this Form 4 were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 22, 2024.
F2: Represents the weighted average price of multiple transactions with a range of prices between $84.50 and $85.02. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities at each separate price sold.
F3: The Stock Appreciation Rights became exercisable in equal quarterly installments beginning on January 9, 2016.
F4: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.