Key facts
- This page summarizes Richard W. Scott's Form 4 filing for LOEWS CORP (L).
- 7 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 10 Feb 2025, 17:09.
Richard W. Scott - 06 Feb 2025 Form 4 Insider Report for LOEWS CORP (L)
- Reporting relationship
- SVP & Chief Investment Officer
- Issuer ticker
- L
- Reported as of
- 06 Feb 2025
- Net transaction value
- -$435,893
- SEC form
- 4
- Accepted by SEC
- 10 Feb 2025, 17:09:50 UTC
- Prior SEC filing
- 22 May 2024
- Next SEC filing
- 26 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Thomas H. Watson, by power of attorney for Richard W. Scott
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Richard W. Scott filed Form 4 for LOEWS CORP (L) on 10 Feb 2025.
Change
- Previous filing in this sequence was filed on 22 May 2024.
- Current net transaction value: -$435,893.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
L
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +6,606
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 49,526
- Date
- 06 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
L
transaction
Common Stock
Tax liability
- Transaction value
- $208,798
- Shares
- -2,420
- Change %
- -4.9%
- Price
- $86.28
- Shares after
- 47,106
- Date
- 06 Feb 2025
- Ownership
- Direct
- Footnotes
- F2
L
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +6,579
- Change %
- +14%
- Price
- $0.000000
- Shares after
- 53,685
- Date
- 07 Feb 2025
- Ownership
- Direct
- Footnotes
- F3
L
transaction
Common Stock
Tax liability
- Transaction value
- $227,095
- Shares
- -2,616
- Change %
- -4.9%
- Price
- $86.81
- Shares after
- 51,069
- Date
- 07 Feb 2025
- Ownership
- Direct
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
L
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -6,606
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 6,607
- Date
- 06 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,606
- Exercise price
- Footnotes
- F1, F5
L
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -6,579
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 07 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,579
- Exercise price
- Footnotes
- F3, F5
L
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +10,951
- Change %
- Price
- $0.000000
- Shares after
- 10,951
- Date
- 10 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 10,951
- Exercise price
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 6, 2023, the Reporting Person was awarded 13,213 RSUs ("2023 RSUs"), subject to the Issuer achieving a pre-determined level of performance based income ("PBI Metric") for 2023. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 5, 2024 and the 2023 RSUs were then reported on a Form 4 filed with the Securities and Exchange Commission (the "SEC"). 50% of these RSUs vested on February 6, 2025. The remaining 2023 RSUs vest on February 6, 2026.
Footnote F2
The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2023 RSUs on February 6, 2025 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
Footnote F3
Represents the conversion upon vesting of RSUs into common stock. On February 7, 2022, the Reporting Person was awarded 13,157 RSUs ("2022 RSUs"), subject to the Issuer achieving a PBI Metric for 2022. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 6, 2023 and the 2022 RSUs were then reported on a Form 4 filed with the SEC. 50% of these RSUs vested on February 7, 2024. The remaining 2022 RSUs vested on February 7, 2025.
Footnote F4
The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2022 RSUs on February 7, 2025 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
Footnote F5
Each RSU represents a contingent right to receive one share of the Issuer's common stock.
Footnote F6
The RSUs were awarded to the Reporting Person on February 5, 2024 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. 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.