Form 4: Susan Peters Granted 251 Loews Shares as Director Compensation

Rhea-AI Filing Summary

Loews Corporation director Susan Peters received a quarterly director compensation grant of 251 shares of Loews common stock on 09/30/2025. The shares were issued at no cash price as part of the 2025 Incentive Compensation Plan and increased Ms. Peters' reported direct beneficial ownership to 2,359 shares. The Form 4 was filed individually and signed by an attorney-in-fact.

Positive

• Quarterly equity grant of 251 shares issued as director compensation under the 2025 Incentive Compensation Plan
• Reported direct beneficial ownership increased to 2,359 shares, showing continued insider alignment with shareholder interests

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received 251 shares as compensation, modestly increasing direct ownership to 2,359 shares.

The transaction is a routine non-cash equity grant under the company's 2025 Incentive Compensation Plan and reflects standard director compensation practices. The size of the grant (251 shares) is small relative to typical institutional holdings and is unlikely to have a material impact on company valuation or market supply. Reporting is complete with the filing dated 09/30/2025 and signature executed by power of attorney.

Corporate Governance Expert

TL;DR: This Form 4 documents a standard quarterly equity grant to a director, aligning interests without signaling unusual governance events.

Issuing compensation in equity to a director is consistent with governance practices aimed at aligning management and board incentives with shareholders. The disclosure identifies the grant as part of the 2025 Incentive Compensation Plan and shows direct ownership after the grant. There are no indications of departures, related-party transactions beyond standard compensation, or other governance red flags in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Peters Susan

(Last) (First) (Middle)

C/O LOEWS CORPORATION

9 WEST 57TH STREET

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LOEWS CORP [ L ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		A		251	A(1)	$0	2,359	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents quarterly grant of common stock in respect of director compensation under the Loews Corporation 2025 Incentive Compensation Plan.

Remarks:

	/s/ Thomas H. Watson by power of attorney for Susan Peters	09/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Susan Peters report on Form 4 for Loews (L)?

She reported a grant of 251 shares of Loews common stock on 09/30/2025 as director compensation under the 2025 Incentive Compensation Plan.

How many Loews (L) shares does Susan Peters beneficially own after the reported transaction?

She beneficially owns 2,359 shares following the 09/30/2025 grant.

Was any cash paid for the shares reported by Susan Peters on Form 4?

No cash price was reported; the grant is recorded with a price of $0 as equity compensation.

Who signed the Form 4 filing for Susan Peters?

The form was signed by Thomas H. Watson by power of attorney for Susan Peters on 09/30/2025.

Under which plan were the shares granted to Susan Peters?

The shares were granted under the Loews Corporation 2025 Incentive Compensation Plan as the quarterly director compensation.