TISCH JAMES S 4

Accession 0000060086-25-000158

CIK 0000060086other

View on SEC.gov Company Profile

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 4:27 PM ET

Size

48.0 KB

Accession

0000060086-25-000158

Insider Transaction Report

Form 4

Period: 2025-06-30

LOEWS CORPL

TISCH JAMES S

DirectorPres.&Chief Exec. Officer

Transactions

Award
Common Stock
2025-06-30+149→ 2,818,626 total
Tax Payment
Common Stock
2025-07-01$91.66/sh−10,394$952,714→ 2,835,570 total
Exercise/Conversion
Common Stock
2025-07-01+16,963→ 2,852,533 total
Exercise/Conversion
Common Stock
2025-07-01+19,184→ 2,862,336 total
Exercise/Conversion
Common Stock
2025-07-01+16,447→ 2,868,174 total
Tax Payment
Common Stock
2025-07-01$91.66/sh−7,571$693,958→ 2,872,578 total
Exercise/Conversion
Restricted Stock Units
2025-07-01−16,516→ 0 total
→ Common Stock (16,516 underlying)
Exercise/Conversion
Common Stock
2025-07-01+13,689→ 2,880,149 total
Exercise/Conversion
Restricted Stock Units
2025-07-01−19,113.5→ 0 total
→ Common Stock (19,113.5 underlying)
Exercise/Conversion
Restricted Stock Units
2025-07-01−18,795→ 0 total
→ Common Stock (18,795 underlying)
Exercise/Conversion
Restricted Stock Units
2025-07-01−16,447→ 0 total
→ Common Stock (16,447 underlying)
Exercise/Conversion
Restricted Stock Units
2025-07-01−13,689→ 0 total
→ Common Stock (13,689 underlying)
Tax Payment
Common Stock
2025-07-01$91.66/sh−10,570.5$968,892→ 2,827,169 total
Tax Payment
Common Stock
2025-07-01$91.66/sh−9,381$859,862→ 2,843,152 total
Exercise/Conversion
Common Stock
2025-07-01+16,516→ 2,875,594 total
Tax Payment
Common Stock
2025-07-01$91.66/sh−9,134$837,222→ 2,866,460 total
Exercise/Conversion
Common Stock
2025-07-01+19,113.5→ 2,837,739.5 total
Exercise/Conversion
Common Stock
2025-07-01+18,795→ 2,845,964 total
Tax Payment
Common Stock
2025-07-01$91.66/sh−10,609$972,421→ 2,851,727 total
Tax Payment
Common Stock
2025-07-01$91.66/sh−9,096$833,739→ 2,859,078 total
Exercise/Conversion
Restricted Stock Units
2025-07-01−16,963→ 0 total
→ Common Stock (16,963 underlying)
Exercise/Conversion
Restricted Stock Units
2025-07-01−19,184→ 0 total
→ Common Stock (19,184 underlying)

Holdings

Common Stock
(indirect: By Trust)
9,834,259
Common Stock
(indirect: By Spouse)
3,005,037

Footnotes (16)

[F1]Represents quarterly grant of common stock in respect of director compensation under the Loews Corporation 2025 Incentive Compensation Plan.
[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.
[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.

Documents

1 file

4
wk-form4_1751401619.xmlPrimary
FORM 4

Issuer

LOEWS CORP

CIK 0000060086

→

Entity typeother

Related Parties

filerCIK 0001010178

Filing Metadata

Form type: 4
Filed: Jun 30, 8:00 PM ET
Accepted: Jul 1, 4:27 PM ET
Size: 48.0 KB

View on SEC.gov