Jonathan M. Tisch - Feb 17, 2025 Form 4 Insider Report for LOEWS CORP (L)

Signature
/s/ Thomas H. Watson, by power of attorney for Jonathan M. Tisch
Stock symbol
L
Transactions as of
Feb 17, 2025
Transactions value $
$0
Form type
4
Date filed
2/18/2025, 04:39 PM
Previous filing
Feb 10, 2025
Next filing
Feb 27, 2025

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 +11.9K $0.00 11.9K Feb 17, 2025 Common Stock 11.9K 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 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.