July 1, 2025 · Form 4 insider transaction
TISCH JAMES S bought 13,689 shares of Loews Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 0 days after the transaction.
Represents the conversion of RSUs into common stock. On February 5, 2024, the Reporting Person was awarded 13,689 RSUs, subject to the Issuer achieving a PBI Metric for 2024. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 10, 2025 and the 2024 RSUs were then reported on a Form 4 filed with the SEC. As a result of the Reporting Person's retirement on December 31, 2024, the 2024 RSUs vested fully on such date (subject to achievement of the PBI metric for 2024). The Reporting Person elected to defer delivery of the shares of the Issuer's common stock underlying the 2024 RSUs. The underlying shares are being delivered to the Reporting Person following the six-month delay required under Section 409A of the Internal Revenue Code following the Reporting Person's retirement.