WALTER L. HARRIS - 03 Sep 2024 Form 4 Insider Report for LOEWS CORP (L)

Role
Director
Signature
/s/ Thomas H. Watson by power of attorney for Walter L. Harris
Issuer symbol
L
Transactions as of
03 Sep 2024
Net transactions value
-$88,729
Form type
4
Filing time
04 Sep 2024, 16:18:14 UTC
Previous filing
04 Jun 2024
Next filing
03 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Options Exercise $94,455 +2,250 +9.8% $41.98 25,156 03 Sep 2024 Direct F1
transaction L Common Stock Disposed to Issuer $94,610 -1,162 -4.6% $81.42 23,994 03 Sep 2024 Direct F1
transaction L Common Stock Sale $88,574 -1,088 -4.5% $81.41 22,906 03 Sep 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 03 Sep 2024 Common Stock 2,250 $41.98 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 August 16, 2023.
F2 The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.