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 | +11.9K | $0.00 | 11.9K | Feb 17, 2025 | Common Stock | 11.9K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. |
F2 | The Reporting Person was awarded 11,878 RSUs on February 17, 2025 in connection with his service as Executive Chairman of the Issuer's subsidiary, Loews Hotels & Co. 50% of the 2025 RSUs vest on February 17, 2027 and the remaining 50% vest on February 17, 2028. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of shares by the Reporting Person. |