Wang Jane J. 4

What Happened Jane J. Wang, Senior Vice President & Chief Financial Officer of Loews Corporation (ticker: L), was awarded 9,502 restricted stock units (RSUs) recorded on 2026-02-09. The transaction is an award/derivative (code A) with an acquisition price of $0.00 — these RSUs are a contingent right to receive common shares upon vesting rather than an immediate purchase or sale.

Key Details

• Transaction date: 2026-02-09 (Form 4 filed 2026-02-11; filing appears timely within the two-business-day window).
• Award size and price: 9,502 RSUs, $0.00 per unit (derivative award).
• Vesting schedule: 50% vest on February 17, 2027 and the remaining 50% vest on February 17, 2028.
• Condition: RSUs were originally awarded Feb 17, 2025 subject to a 2025 performance-based income (PBI) metric; the Compensation Committee certified achievement of that metric on Feb 9, 2026 (triggering the award).
• Delivery: Shares will be delivered within 30 days after each vesting date, unless the reporting person elects to defer delivery.
• Shares owned after transaction: not disclosed in the provided filing excerpt.

Context RSU grants are common executive compensation and do not represent an immediate market purchase or sale — the economic value depends on Loews’ stock price when RSUs vest and shares are delivered. This award became realizable only after the company met a predefined 2025 performance target; retail investors should view it as compensation tied to future service and company performance, not a direct insider buy/sell signal.