STOCK TITAN

Andrew Tisch trusts sell 100K Loews (NYSE: L) shares in market

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Loews Corporation reported insider share sales by trusts associated with director emeritus Andrew H. Tisch. On February 12, 2026, these trusts executed an open‑market sale of 50,000 shares of Loews common stock at a weighted average price of $110.27, followed by another 50,000‑share open‑market sale on February 13, 2026 at a weighted average price of $108.87. The weighted averages reflect multiple trades within disclosed intraday price ranges. After these transactions, the trusts held 12,809,642 shares indirectly for the reporting person, while he also directly held 551,317 shares of Loews common stock.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
TISCH ANDREW H

(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
Officer (give title below) X Other (specify below)
DIRECTOR EMERITUS
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
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
Common Stock 02/12/2026 S 50,000 D $110.27(1) 12,859,642 I By Trusts
Common Stock 02/13/2026 S 50,000 D $108.87(2) 12,809,642 I By Trusts
Common Stock 551,317 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 the weighted average price of multiple transactions with a range of prices between $110.11 and $110.48. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities at each separate price sold.
2. Represents the weighted average price of multiple transactions with a range of prices between $108.50 and $109.42. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities at each separate price sold.
Remarks:
/s/ Thomas H. Watson, by power of attorney for Andrew H. Tisch 02/17/2026
** 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 insider transactions did Loews Corp (L) disclose in this Form 4?

Loews disclosed that trusts associated with director emeritus Andrew H. Tisch sold common stock in two open-market transactions. They sold 50,000 shares on February 12, 2026 and another 50,000 shares on February 13, 2026, both reported as sales of indirectly owned shares.

How many Loews Corp (L) shares were sold by the trusts in total?

The trusts sold a total of 100,000 Loews common shares across two days. They executed 50,000 shares on February 12, 2026 and 50,000 shares on February 13, 2026, each reported as open-market sales under transaction code “S” for common stock.

At what prices were the Loews Corp (L) shares sold in the reported transactions?

The February 12, 2026 sale had a weighted average price of $110.27 per share, based on multiple trades between $110.11 and $110.48. The February 13, 2026 sale had a weighted average price of $108.87 per share, from trades between $108.50 and $109.42.

How many Loews Corp (L) shares does Andrew H. Tisch beneficially own after these sales?

After the reported sales, Andrew H. Tisch beneficially owned 12,809,642 Loews common shares indirectly through trusts and 551,317 shares directly. The filing lists the 12,809,642-share position as indirect ownership “By Trusts” and the 551,317-share position as direct ownership.

What is the ownership nature of the sold Loews Corp (L) shares?

The sold Loews shares are reported as indirectly owned “By Trusts” for Andrew H. Tisch. Both 50,000-share transactions are coded as indirect ownership (I), indicating the shares were held through trusts rather than in his direct personal account.

What role does Andrew H. Tisch hold at Loews Corp (L) according to this filing?

Andrew H. Tisch is identified in the filing as “Director Emeritus” of Loews Corporation. The relationship box marks the “Other” category and specifies this title, indicating an ongoing association with the company distinct from a current director or officer position.
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