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LOEWS CORP — Director's Dealing 2024
Feb 9, 2024
30284_dirs_2024-02-09_6a52ffe5-e1ef-49d3-a484-7512610dead6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2024-02-07
Reporting Person: Tisch Alexander H (VP; Pres. & CEO, Loews Hotels)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-07 | Common Stock | M | 3700 | — | Acquired | 34144.9 | Direct |
| 2024-02-08 | Common Stock | M | 3730 | — | Acquired | 37874.9 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-07 | Restricted Stock Units | $ | M | 3700 | Disposed | Common Stock (3700) | Direct | |
| 2024-02-08 | Restricted Stock Units | $ | M | 3730 | Disposed | Common Stock (3730) | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 7, 2022, the Reporting Person was awarded 7,401 RSUs ("2022 RSUs"). 50% of these RSUs vested on February 7, 2024. The remaining 2022 RSUs vest on February 7, 2025.
F2: Represents the conversion upon vesting of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 7,460 RSUs ("2021 RSUs"). 50% of these RSUs vested on February 8, 2023. The remaining 2021 RSUs vested on February 8, 2024.
F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock.