James S. Tisch - Jun 30, 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
Jun 30, 2025
Transactions value $
-$6,118,809
Form type
4
Date filed
7/1/2025, 04:27 PM
Previous filing
May 30, 2025
Next filing
Sep 30, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TISCH JAMES S Director C/O LOEWS CORPORATION, 9 W 57TH STREET, NEW YORK /s/ Thomas H. Watson by power of attorney for James S. Tisch 2025-07-01 0001010178

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction L Common Stock Award $0 +149 +0.01% $0.00 2.82M Jun 30, 2025 Direct F1
transaction L Common Stock Options Exercise $0 +19.1K +0.68% $0.00 2.84M Jul 1, 2025 Direct F2
transaction L Common Stock Tax liability -$969K -10.6K -0.37% $91.66 2.83M Jul 1, 2025 Direct F3
transaction L Common Stock Options Exercise $0 +18.8K +0.66% $0.00 2.85M Jul 1, 2025 Direct F4
transaction L Common Stock Tax liability -$953K -10.4K -0.37% $91.66 2.84M Jul 1, 2025 Direct F5
transaction L Common Stock Options Exercise $0 +17K +0.6% $0.00 2.85M Jul 1, 2025 Direct F6
transaction L Common Stock Tax liability -$860K -9.38K -0.33% $91.66 2.84M Jul 1, 2025 Direct F7
transaction L Common Stock Options Exercise $0 +19.2K +0.67% $0.00 2.86M Jul 1, 2025 Direct F8
transaction L Common Stock Tax liability -$972K -10.6K -0.37% $91.66 2.85M Jul 1, 2025 Direct F9
transaction L Common Stock Options Exercise $0 +16.4K +0.58% $0.00 2.87M Jul 1, 2025 Direct F10
transaction L Common Stock Tax liability -$834K -9.1K -0.32% $91.66 2.86M Jul 1, 2025 Direct F11
transaction L Common Stock Options Exercise $0 +16.5K +0.58% $0.00 2.88M Jul 1, 2025 Direct F12
transaction L Common Stock Tax liability -$837K -9.13K -0.32% $91.66 2.87M Jul 1, 2025 Direct F13
transaction L Common Stock Options Exercise $0 +13.7K +0.48% $0.00 2.88M Jul 1, 2025 Direct F14
transaction L Common Stock Tax liability -$694K -7.57K -0.26% $91.66 2.87M Jul 1, 2025 Direct F15
holding L Common Stock 9.83M Jun 30, 2025 By Trusts
holding L Common Stock 3.01M Jun 30, 2025 By Spouse

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 Options Exercise $0 -19.1K -100% $0.00 0 Jul 1, 2025 Common Stock 19.1K Direct F2, F16
transaction L Restricted Stock Units Options Exercise $0 -18.8K -100% $0.00 0 Jul 1, 2025 Common Stock 18.8K Direct F4, F16
transaction L Restricted Stock Units Options Exercise $0 -17K -100% $0.00 0 Jul 1, 2025 Common Stock 17K Direct F6, F16
transaction L Restricted Stock Units Options Exercise $0 -19.2K -100% $0.00 0 Jul 1, 2025 Common Stock 19.2K Direct F8, F16
transaction L Restricted Stock Units Options Exercise $0 -16.4K -100% $0.00 0 Jul 1, 2025 Common Stock 16.4K Direct F10, F16
transaction L Restricted Stock Units Options Exercise $0 -16.5K -100% $0.00 0 Jul 1, 2025 Common Stock 16.5K Direct F12, F16
transaction L Restricted Stock Units Options Exercise $0 -13.7K -100% $0.00 0 Jul 1, 2025 Common Stock 13.7K Direct F14, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents quarterly grant of common stock in respect of director compensation under the Loews Corporation 2025 Incentive Compensation Plan.
F2 Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 12, 2018, the Reporting Person was awarded 19,016 RSUs subject to the Issuer achieving a pre-determined level of performance based income ("PBI Metric") for 2018. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 11, 2019 and the 2018 RSUs were then reported on a Form 4 filed with the Securities and Exchange Commission (the "SEC"). The 2018 RSUs, together with additional RSUs awarded on account of associated dividend equivalent rights, vested 50% on February 12, 2020 and 50% on February 12, 2021. The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2018 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement on December 31, 2024.
F3 The Reporting Person is reporting the withholding, by the Issuer, of 10,569 shares of the Issuer's common stock in respect of the delivery of the 2018 RSUs that were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith and the cash settlement of fractional shares underlying the 2018 RSUs in the total amount of 1.5 shares.
F4 Represents the conversion of RSUs into common stock. On February 11, 2019, the Reporting Person was awarded 18,795 RSUs, subject to the Issuer achieving a PBI Metric for 2019. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 10, 2020 and the 2019 RSUs were then reported on a Form 4 filed with the SEC. The 2019 RSUs vested 50% on February 11, 2021 and 50% on February 11, 2022. The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2019 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement.
F5 The Reporting Person is reporting the withholding, by the Issuer, of 10,394 shares of the Issuer's common stock in respect of the delivery of the 2019 RSUs that were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
F6 Represents the conversion of RSUs into common stock. On February 10, 2020, the Reporting Person was awarded 16,963 RSUs, subject to the Issuer achieving a PBI Metric for 2020. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 8, 2021 and the 2020 RSUs were then reported on a Form 4 filed with the SEC. The 2020 RSUs vested 50% on February 10, 2022 and 50% on February 10, 2023. The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2020 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement.
F7 The Reporting Person is reporting the withholding, by the Issuer, of 9,381 shares of the Issuer's common stock in respect of the delivery of the 2020 RSUs that were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
F8 Represents the conversion of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 19,184 RSUs, subject to the Issuer achieving a PBI Metric for 2021. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 7, 2022 and the 2021 RSUs were then reported on a Form 4 filed with the SEC. The 2021 RSUs vested 50% on February 8, 2023 and 50% on February 8, 2024. The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2021 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement.
F9 The Reporting Person is reporting the withholding, by the Issuer, of 10,609 shares of the Issuer's common stock in respect of the delivery of the 2021 RSUs that were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
F10 Represents the conversion of RSUs into common stock. On February 7, 2022, the Reporting Person was awarded 16,447 RSUs, subject to the Issuer achieving a PBI Metric for 2022. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 6, 2023 and the 2022 RSUs were then reported on a Form 4 filed with the SEC. The 2022 RSUs vested 50% on February 7, 2024 and 50% on December 31, 2024 as a result of the Reporting Person's retirement on such date. The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2022 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement.
F11 The Reporting Person is reporting the withholding, by the Issuer, of 9,096 shares of the Issuer's common stock in respect of the delivery of the 2022 RSUs that were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
F12 Represents the conversion of RSUs into common stock. On February 6, 2023, the Reporting Person was awarded 16,516 RSUs, subject to the Issuer achieving a PBI Metric for 2023. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 5, 2024 and the 2023 RSUs were then reported on a Form 4 filed with the SEC. As a result of the Reporting Person's retirement on December 31, 2024, the 2023 RSUs vested fully on such date. The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2023 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement.
F13 The Reporting Person is reporting the withholding, by the Issuer, of 9,134 shares of the Issuer's common stock in respect of the delivery of the 2023 RSUs that were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
F14 Represents the conversion of RSUs into common stock. On February 5, 2024, the Reporting Person was awarded 13,689 RSUs, subject to the Issuer achieving a PBI Metric for 2024. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 10, 2025 and the 2024 RSUs were then reported on a Form 4 filed with the SEC. As a result of the Reporting Person's retirement on December 31, 2024, the 2024 RSUs vested fully on such date (subject to achievement of the PBI metric for 2024). The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2024 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement.
F15 The Reporting Person is reporting the withholding, by the Issuer, of 7,571 shares of the Issuer's common stock in respect of the delivery of the 2024 RSUs that were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
F16 Each RSU represents a contingent right to receive one share of the Issuer's common stock.