SCHWARTZ MARK S 4

What Happened Mark S. Schwartz, Vice President, Chief Accounting Officer and Treasurer of Loews Corporation, reported two transactions: an open-market sale of 3,150 shares at $110.00 per share on February 17, 2026 (proceeds $346,500), and a grant of 4,546 restricted stock units (RSUs) on February 16, 2026 (recorded at $0.00 as a derivative award). The sale is an open-market disposal and the RSUs are an award (not an immediate cash purchase).

Key Details

• Sale: 3,150 shares sold on 2026-02-17 at $110.00 per share — total proceeds $346,500. (Transaction code S; open market/private sale.)
• Award: 4,546 RSUs granted on 2026-02-16 (transaction code A; derivative award, $0.00 shown).
• Shares owned after the transaction: Not disclosed in the provided filing.
• RSU terms (from footnotes): each RSU = right to one common share; 50% of the RSUs vest on Feb 16, 2028 and the remaining 50% on Feb 16, 2029. Shares will be delivered within 30 days after vesting, subject to any deferral election by the reporting person.
• Filing: Reported on Feb 18, 2026 for transactions on Feb 16–17, 2026 — appears to be filed within the normal Form 4 reporting window.

Context

• The RSU grant is a compensation award (derivative grant) and does not represent an open-market purchase. RSU grants and routine open-market sales are common forms of insider transactions and do not by themselves indicate the insider’s short-term sentiment.