Tisch Benjamin J 4
4 · LOEWS CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Loews CEO Benjamin J. Tisch Receives 10,690 RSU Award
What Happened Benjamin J. Tisch, President & Chief Executive Officer and a director of Loews Corporation (L), was granted 10,690 restricted stock units (RSUs) reported as an acquisition of a derivative security. The filing reports an acquisition date of 2026-02-09 at $0.00 per unit (these are awards, not open-market purchases), with no immediate cash value shown on the Form 4. The RSUs were originally awarded on February 17, 2025 but were contingent on a 2025 performance-based income (PBI) metric that the company’s Compensation Committee certified as achieved on February 9, 2026.
Key Details
- Transaction type: A = Award/Grant of RSUs (derivative interest).
- Transaction date: 2026-02-09; Amount: 10,690 RSUs; Price reported: $0.00 (award).
- Vesting/delivery: 50% vests on Feb 17, 2027 and 50% on Feb 17, 2028; shares delivered within 30 days after vesting, subject to any deferral election. (Footnotes F1 & F2)
- Shares owned after transaction: Not specified in the provided filing data.
- Filing date: 2026-02-11 — appears to have been filed within the typical two-business-day window.
Context RSUs are compensation awards that convert into company shares upon vesting; they are not immediate purchases or sales and therefore don’t directly signal a buy/sell sentiment. This grant reflects achievement of a company performance goal for 2025 and part of ongoing executive compensation, with staggered vesting over 2027–2028.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-09+10,690→ 10,690 total→ Common Stock (10,690 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 17, 2025 subject to the Issuer achieving a pre-determined level of performance based income ("PBI Metric") for 2025. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 9, 2026. 50% of the RSUs vest on February 17, 2027 and the remaining 50% vest on February 17, 2028. 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.