Loews Corp (L) director Dino Robusto buys 5,000 shares in open market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Loews Corp director Dino Robusto bought 5,000 shares of Common Stock in an open-market transaction. The shares were purchased at an average price of $104.74 per share, bringing his direct holdings to 10,235 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($523,700)
Net Buy
1 txn
Insider
Robusto Dino
Role
null
Bought
5,000 shs ($524K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $104.74 | $524K |
Holdings After Transaction:
Common Stock — 10,235 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,000 shares
Purchase price: $104.74 per share
Shares owned after transaction: 10,235 shares
3 metrics
Shares purchased
5,000 shares
Open-market purchase on May 29, 2026
Purchase price
$104.74 per share
Average price for the reported transaction
Shares owned after transaction
10,235 shares
Total direct holdings after the purchase
Key Terms
open-market purchase, Common Stock, transaction code P, direct ownership
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code P financial
""transaction_code": "P""
direct ownership financial
""ownership_type": "direct""
FAQ
What insider transaction did Loews Corp (L) director Dino Robusto report?
Loews Corp director Dino Robusto reported an open-market purchase of 5,000 shares of Common Stock. The transaction was recorded on May 29, 2026, and is classified as a direct ownership transaction in the Form 4 filing.
Is Dino Robusto’s Loews Corp (L) transaction a buy or a sell?
The transaction is a buy. The Form 4 categorizes it as an open-market purchase, with transaction code P and a transaction_direction labeled as “buy,” indicating acquisition rather than a sale or disposition.
What does transaction code P mean in the Loews Corp (L) Form 4?
Transaction code P in the Loews Corp Form 4 indicates a purchase in an open market or private transaction. In this case, it confirms that Dino Robusto acquired shares rather than selling or transferring them by other means.