Loews (L) SVP Kenneth Siegel awarded 9,502 performance-based RSUs

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.

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SIEGEL KENNETH I

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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

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
Restricted Stock Units	(1)	02/09/2026		A		9,502		(2)	(2)	Common Stock	9,502	$0	9,502	D

Explanation of Responses:

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

2. 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.

Remarks:

	/s/ Thomas H. Watson, by power of attorney for Kenneth I. Siegel	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Loews (L) report for Kenneth I. Siegel?

Loews reported that Senior Vice President Kenneth I. Siegel acquired 9,502 restricted stock units. The award reflects performance achieved for 2025 and is recorded as a derivative security grant with a price per unit of $0 and direct beneficial ownership of 9,502 RSUs following the transaction.

When do Kenneth I. Siegel’s Loews (L) RSUs vest?

Kenneth I. Siegel’s 9,502 restricted stock units vest in two stages. Half of the RSUs vest on February 17, 2027, and the remaining half vest on February 17, 2028, subject to the original award’s terms and continued satisfaction of applicable conditions through those vesting dates.

What performance condition triggered Kenneth I. Siegel’s RSU award at Loews (L)?

The RSUs were subject to Loews achieving a pre-determined performance based income metric for 2025. The Compensation Committee determined the company achieved this PBI Metric on February 9, 2026, which confirmed the 9,502 restricted stock unit award for Kenneth I. Siegel under the previously granted performance terms.

When was Kenneth I. Siegel’s RSU award at Loews (L) originally granted?

The restricted stock units were originally awarded on February 17, 2025. Their effectiveness depended on Loews meeting a 2025 performance based income metric. Once the Compensation Committee confirmed that metric was achieved on February 9, 2026, the 9,502 RSU grant was recognized and reported.

How will Kenneth I. Siegel receive Loews (L) shares from his RSUs?

Each restricted stock unit represents a contingent right to receive one Loews common share. Shares will be delivered within 30 days after each vesting date, subject to any valid election by Kenneth I. Siegel to defer delivery in accordance with the company’s applicable deferral arrangements.

What is Kenneth I. Siegel’s ownership type for these Loews (L) RSUs?

The filing classifies Kenneth I. Siegel’s ownership of the 9,502 restricted stock units as direct. After the reported grant, he beneficially owns 9,502 derivative securities, all held directly, with no indicated indirect ownership entity or shared voting or investment authority in this transaction.