Tisch Benjamin J 4

What Happened Benjamin J. Tisch, President & Chief Executive Officer and a director of Loews Corp (L), reported an "other disposition" (Form 4 code J) on May 7, 2026. The filing shows two identical entries of 21,121 shares at $0.00, but a footnote clarifies a family trust of which Mr. Tisch is trustee distributed 21,121 shares to another family trust (of which his parent is trustee). The transfer involved no sale, purchase, or consideration (total value $0).

Key Details

• Transaction date: May 7, 2026; filing date: May 11, 2026 (timely filed within the 2-business-day window).
• Reported as code J ("other disposition"); reported price: $0.00; quantity involved (per footnote): 21,121 shares.
• The Form 4 lists two identical lines of 21,121 shares; the filing’s footnote explains a single 21,121-share trust-to-trust transfer.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: transfer was between family trusts (trustee roles), did not involve consideration.

Context This was a non-market transfer within the insider’s family structure—not a sale or purchase—so it should not be interpreted as a direct buy/sell signal about Loews stock. Transfers among trusts are commonly used for estate or family planning and do not generate cash proceeds.