4//SEC Filing
Tisch Alexander H 4
Accession 0000060086-24-000033
CIK 0000060086other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 4:23 PM ET
Size
5.9 KB
Accession
0000060086-24-000033
Insider Transaction Report
Form 4
Tisch Alexander H
VP; Pres. & CEO, Loews Hotels
Transactions
- Award
Restricted Stock Units
2024-02-05+11,561→ 11,561 total→ Common Stock (11,561 underlying)
Footnotes (2)
- [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 6, 2023 subject to the Issuer achieving a pre-determined target level of performance-based income ("PBI Metric") for 2023. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 5, 2024. 50% of the RSUs vest on February 6, 2025 and the remaining 50% vest on February 6, 2026. 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.
Documents
Issuer
LOEWS CORP
CIK 0000060086
Entity typeother
Related Parties
1- filerCIK 0001953579
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 4:23 PM ET
- Size
- 5.9 KB