Anthony S. Welters - 02 Dec 2024 Form 4 Insider Report for LOEWS CORP (L)

Role
Director
Signature
/s/ Thomas H. Watson by power of attorney for Anthony Welters
Issuer symbol
L
Transactions as of
02 Dec 2024
Net transactions value
-$99,641
Form type
4
Filing time
03 Dec 2024, 16:16:55 UTC
Previous filing
29 Nov 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $95,670 +2,250 +23% $42.52 12,095 02 Dec 2024 Direct F1
transaction L Common Stock Disposed to Issuer $95,827 -1,104 -9.1% $86.80 10,991 02 Dec 2024 Direct F1
transaction L Common Stock Sale $99,484 -1,146 -10% $86.81 9,845 02 Dec 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction L Stock Appreciation Right Options Exercise $0 -2,250 -100% $0.000000 0 02 Dec 2024 Common Stock 2,250 $42.52 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 16, 2023.
F2 The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.