FRIBOURG PAUL J 4
Research Summary
AI-generated summary
Loews Director Paul J. Fribourg Receives Award of 223 Shares
What Happened
Paul J. Fribourg, a director of Loews Corporation (L), was granted 223 shares as an award (transaction code A) on 2026-06-30. The shares were reported as acquired at $0.00 (director compensation); the filing lists the grant as a quarterly director compensation award under the Loews Corporation 2025 Incentive Compensation Plan.
Key Details
- Transaction date: 2026-06-30; Price reported: $0.00 (award/grant).
- Shares acquired: 223 common shares.
- Shares owned after transaction: not disclosed in this Form 4.
- Footnote: F1 — represents quarterly grant of common stock under the 2025 Incentive Compensation Plan.
- Filing timeliness: Form filed 2026-07-01 (timely relative to the report date).
Context
This was a compensation award to a board member, not an open‑market purchase or sale. Director awards are routine and reflect compensation practices rather than a direct trading signal; purchases by insiders are generally more indicative of personal bullishness. No tax‑withholding, sale, or option exercise was reported in this transaction.