Loews (L) director Dino Robusto acquires 5,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOEWS CORP director Dino Robusto bought additional shares of the company in the open market. He purchased 5,000 shares of common stock at an average price of $105.44 per share in an open-market transaction. After this purchase, he directly owns 5,235 shares of Loews common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($527,200)
Net Buy
1 txn
Insider
Robusto Dino
Role
null
Bought
5,000 shs ($527K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $105.44 | $527K |
Holdings After Transaction:
Common Stock — 5,235 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,000 shares
Purchase price: $105.44 per share
Shares owned after transaction: 5,235 shares
3 metrics
Shares purchased
5,000 shares
Open-market purchase of Loews common stock
Purchase price
$105.44 per share
Average price for the 5,000-share buy
Shares owned after transaction
5,235 shares
Direct Loews common stock holdings post-transaction
Key Terms
open-market purchase, Common Stock, direct ownership, Form 4
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.
direct ownership financial
""ownership_type": "direct""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Loews Corp (L) director Dino Robusto report?
Dino Robusto reported an open-market purchase of Loews Corp common stock. He bought 5,000 shares at an average price of $105.44 per share, increasing his direct ownership to 5,235 shares following the transaction.
Was the Loews Corp (L) insider transaction a buy or a sell?
The transaction reported by Dino Robusto was a buy. The Form 4 classifies it as an open-market purchase, with 5,000 Loews Corp common shares acquired at an average price of $105.44 per share and held directly afterward.
Does the Loews Corp (L) Form 4 show any derivative securities for Dino Robusto?
The Form 4 filing shows no derivative transactions or remaining derivative positions for Dino Robusto. It reports only a non-derivative open-market purchase of 5,000 Loews Corp common shares and direct ownership of 5,235 shares after the transaction.