February 10, 2025 · Form 4 insider transaction
Tisch Alexander H bought 10,951 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.
Each 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. 50% of the RSUs vest on February 5, 2026 and the remaining 50% vest on February 5, 2027. 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.