David B. Edelson
Net Worth

Last updated:

What is David B. Edelson net worth?

The estimated net worth of Mr. David B. Edelson is at least $57,507,584 as of 11 Feb 2022. He owns shares worth $2,869,703 as insider, has earned $4,737,881 from insider trading and has received compensation worth at least $49,900,000 in Loews Corporation.

What is the salary of David B. Edelson?

Mr. David B. Edelson salary is $4,990,000 per year as Senior Vice President & Chief Financial Officer in Loews Corporation.

How old is David B. Edelson?

Mr. David B. Edelson is 66 years old, born in 1959.

What stocks does David B. Edelson currently own?

As insider, Mr. David B. Edelson owns shares in one company:

Company Title Shares Price per share Total value
Loews Corporation (L) Senior Vice President & Chief Financial Officer 29,812 $96.26 $2,869,703

What does Loews Corporation do?

Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto and umbrella coverages. It also provides loss-sensitive insurance programs; and warranty, risk management, information, and claims administration services. The company markets its insurance products and services through independent agents, brokers, and managing general underwriters. In addition, the company is involved in the transportation and storage of natural gas and natural gas liquids(NGLs), and hydrocarbons through natural gas pipelines covering approximately 13,615 miles of interconnected pipelines; 450 miles of NGL pipelines in Louisiana and Texas; 14 underground storage fields with an aggregate gas capacity of approximately 213 billion cubic feet of natural gas; and eleven salt dome caverns and related brine infrastructure for providing brine supply services. Further, the company operates a chain of 26 hotels; and develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers for customers in the pharmaceutical, dairy, household chemicals, food/nutraceuticals, industrial/specialty chemicals, and water and beverage/juice segments, as well as manufactures commodity and differentiated plastic resins from recycled plastic materials. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.

L logo
L
Loews Corporation
$96.26

David B. Edelson insider trading

Loews Corporation

Mr. David B. Edelson has made 9 insider trades between 2015-2022, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 45,000 units of L stock on 5 Jan 2015. As of 11 Feb 2022 he still owns at least 29,812 units of L stock.

Transaction Date Security Shares Price per share Total value Source
Option
Restricted Stock Units 7,414 N/A N/A
Option
Restricted Stock Units 5,018 N/A N/A
Option
Common Stock 7,414 N/A N/A
Option
Common Stock 5,018 N/A N/A
Option
Common Stock 45,000 $37.86 $1,703,700
Sale
Common Stock 12,863 $55.92 $719,299
Option
Stock Appreciation Right 11,250 $37.86 $425,925
Option
Common Stock 7,539 N/A N/A
Option
Restricted Stock Units 7,539 N/A N/A
Option
Restricted Stock Units 7,413 N/A N/A
Option
Common Stock 7,413 N/A N/A
Sale
Common Stock 4,595 $44.7 $205,397
Option
Stock Appreciation Right 11,250 $39.81 $447,863
Option
Common Stock 45,000 $39.81 $1,791,450
Option
Restricted Stock Units 7,733 N/A N/A
Option
Common Stock 7,733 N/A N/A
Option
Restricted Stock Units 7,538 N/A N/A
Option
Common Stock 7,538 N/A N/A
Sale
Common Stock 9,741 $50.89 $495,719
Option
Common Stock 33,750 $37.26 $1,257,525
Option
Stock Appreciation Right 11,250 $37.26 $419,175
Option
Stock Appreciation Right 11,250 $37.92 $426,600
Option
Common Stock 11,250 $37.92 $426,600
Sale
Common Stock 2,899 $51.99 $150,719
Option
Restricted Stock Units 7,733 N/A N/A
Option
Common Stock 7,733 N/A N/A
Option
Restricted Stock Units 10,165 N/A N/A
Option
Common Stock 10,165 N/A N/A
Option
Stock Appreciation Right 11,250 $27 $303,750
Option
Common Stock 45,000 $27 $1,215,000
Sale
Common Stock 18,073 $45.7 $825,936
Option
Common Stock 10,113 N/A N/A
Sale
Common Stock 5,809 $50.25 $291,902
Option
Common Stock 45,000 $49.17 $2,212,650
Option
Stock Appreciation Right 11,250 $49.17 $553,163
Option
Common Stock 22,500 $40.34 $907,650
Sale
Common Stock 1,833 $47.22 $86,554
Option
Stock Appreciation Rights 11,250 $40.34 $453,825
Option
Common Stock 33,750 $33.14 $1,118,475
Sale
Common Stock 3,300 $37.88 $125,004
Option
Stock Appreciation Rights 11,250 $33.14 $372,825
Sale
Common Stock 45,000 $40.83 $1,837,350
Option
Common Stock 45,000 $28.42 $1,278,765
Option
Stock Option 22,500 $24.17 $543,825

Loews key executives

Loews Corporation executives and other stock owners filed with the SEC: