Loews SVP granted 9,502 restricted stock units
SIEGEL KENNETH I reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SIEGEL KENNETH I reported acquisition or exercise transactions in this Form 4 filing.
Loews Corporation Senior Vice President Kenneth I. Siegel reported an award of 9,502 restricted stock units on February 9, 2026. These RSUs were tied to achieving a 2025 performance-based income metric and will vest in two equal installments in 2027 and 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,502 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2. The RSUs were awarded to the Reporting Person on February 17, 2025 subject to the Issuer achieving a pre-determined level of performance based income ("PBI Metric") for 2025. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 9, 2026. 50% of the RSUs vest on February 17, 2027 and the remaining 50% vest on February 17, 2028. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Loews (L) report for Kenneth I. Siegel?
When do Kenneth I. Siegel’s Loews (L) RSUs vest?
What performance condition triggered Kenneth I. Siegel’s RSU award at Loews (L)?
When was Kenneth I. Siegel’s RSU award at Loews (L) originally granted?
What is Kenneth I. Siegel’s ownership type for these Loews (L) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.