TISCH JAMES S 4

What Happened James S. Tisch, a director of Loews Corporation (ticker: L), was granted 235 shares on 2026-03-31 as a director compensation award. The Form 4 reports the acquisition price as $0.00 (code A — award/grant). The filing notes this grant represents the quarterly director stock award under the Loews Corporation 2025 Incentive Compensation Plan. This was an award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Transaction type: Award/Grant (A)
• Shares acquired: 235; Reported price: $0.00 (as filed); Reported total $: $0 (reflects award reporting, not market value)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: F1 — quarterly grant of common stock under the Loews Corporation 2025 Incentive Compensation Plan
• Timeliness: Reported and filed with a period end of 2026-03-31 and accession filed 2026-03-31 — appears to be timely

Context Director stock awards are routine compensation and do not necessarily signal buying or selling intent by the insider. The Form 4 reports the grant price as $0.00 because the shares were issued as compensation; their market value would be the stock price on the grant date and is not reflected in the reported acquisition price.