Mark S. Schwartz - Feb 5, 2024 Form 4 Insider Report for LOEWS CORP (L)

Role
V.P., C.A.O. and Treasurer
Signature
/s/ Thomas H. Watson by power of attorney for Mark S. Schwartz
Stock symbol
L
Transactions as of
Feb 5, 2024
Transactions value $
$0
Form type
4
Date filed
2/6/2024, 04:30 PM
Previous filing
Feb 13, 2023
Next filing
Feb 9, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction L Restricted Stock Units Award $0 +6.84K $0.00 6.84K Feb 5, 2024 Common Stock 6.84K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 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.