Loews executive granted 10,690 RSUs tied to 2025 performance
Tisch Alexander H reported acquisition or exercise transactions in this Form 4 filing.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,690 | $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.
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