James S. Tisch - Feb 10, 2025 Form 4 Insider Report for LOEWS CORP (L)

Role: Director
Signature: /s/ Thomas H. Watson by power of attorney for James S. Tisch
Stock symbol: L
Transactions as of: Feb 10, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/10/2025, 05:03 PM
Previous filing: Jan 2, 2025
SEC: View on sec.gov

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	Restricted Stock Units	Award	$0	+13.7K		$0.00	13.7K	Feb 10, 2025	Common Stock	13.7K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2	The RSUs were awarded to the Reporting Person on February 5, 2024 subject to the Issuer achieving a pre-determined level of performance-based income ("PBI Metric") for 2024. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 10, 2025. As a result of the Reporting Person's retirement on December 31, 2024, the RSUs are fully vested and the underlying shares of the Issuer's common stock will be delivered to the Reporting Person following a six-month delay required under Section 409A of the Internal Revenue Code.

Content

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

The RSUs were awarded to the Reporting Person on February 5, 2024 subject to the Issuer achieving a pre-determined level of performance-based income ("PBI Metric") for 2024. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 10, 2025. As a result of the Reporting Person's retirement on December 31, 2024, the RSUs are fully vested and the underlying shares of the Issuer's common stock will be delivered to the Reporting Person following a six-month delay required under Section 409A of the Internal Revenue Code.