TISCH JAMES S bought L
February 10, 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 grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.; The RSUs were awarded to the Reporting Person on February 5, 2024 subject to the Issuer achieving a pre-determined level of performance-based income ("PBI Metric") for 2024. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 10, 2025. As a result of the Reporting Person's retirement on December 31, 2024, the RSUs are fully vested and the underlying shares of the Issuer's common stock will be delivered to the Reporting Person following a six-month delay required under Section 409A of the Internal Revenue Code.