Loews (NYSE: L) exec Alexander H. Tisch awarded 10,690 performance-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tisch Alexander H reported acquisition or exercise transactions in this Form 4 filing.
Loews Corporation executive Alexander H. Tisch received 10,690 restricted stock units on February 9, 2026. These RSUs relate to a performance-based award originally granted on February 17, 2025, which became earned after Loews met a specified performance-based income metric for 2025.
Each RSU represents a contingent right to receive one share of Loews common stock. Half of the RSUs vest on February 17, 2027 and the remaining half on February 17, 2028, with shares to be delivered within 30 days after each vesting date, subject to any deferral election. The award is held directly by Tisch in his role as VP and President & CEO of Loews Hotels.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tisch Alexander H
Role
VP; Pres. & CEO, Loews Hotels
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,690 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,690 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. 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
What insider transaction did Loews (L) report for Alexander H. Tisch?
Loews reported that Alexander H. Tisch acquired 10,690 restricted stock units. The RSUs became earned after Loews achieved a 2025 performance-based income metric, and each unit represents one share of Loews common stock upon future vesting and settlement.
When do Alexander H. Tisch’s new Loews (L) RSUs vest?
Half of the 10,690 restricted stock units vest on February 17, 2027, and the remaining half vest on February 17, 2028. Shares of Loews common stock will be delivered within 30 days after each vesting date, subject to any deferral election.
What performance condition was tied to Alexander H. Tisch’s Loews (L) RSU award?
The RSUs were contingent on Loews achieving a pre-determined performance-based income metric for 2025. The compensation committee determined this metric was achieved on February 9, 2026, triggering the 10,690 RSUs reported in the Form 4 filing.
Is Alexander H. Tisch’s Loews (L) RSU award a direct holding?
Yes. The Form 4 indicates the 10,690 restricted stock units are held with direct ownership. Alexander H. Tisch is listed as an officer of Loews, serving as Vice President and President & CEO of Loews Hotels, with no indirect ownership entity noted.