Summary by Futu AI
Loews Corporation Director, Andrew Tisch, is set to sell 11,741 shares of the company's common stock on January 3, 2024, as per the latest filing. The shares, valued at approximately $827,270.86, were acquired on the same day through the exercise of stock appreciation rights, which involved the exercise of stock options from the issuer. The transaction was cash-settled. This planned sale follows a previous transaction in the past three months where Tisch sold 10,629 shares, grossing $745,576.42. The notice of the upcoming sale was filed on January 3, 2024, with the plan for this transaction having been adopted on August 21, 2023.