Loews Corp (NYSE: L) director receives 1.15M shares via estate transfer
Rhea-AI Filing Summary
Loews Corp director James S. Tisch reported receiving 1,150,000 shares of Loews common stock on August 5, 2026 through an estate or will transfer, classified as an acquisition by will or laws of descent and distribution. These shares are held indirectly by trusts, for a reported trust-held position of 12,009,192 shares. He also reported 3,005,037 shares held indirectly through his spouse and 1,873,521 shares held directly. The filing did not mark the transaction as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,150,000 shares
Net Buy
3 txns
Insider
TISCH JAMES S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Estate Transfer | Common Stock | 1,150,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,009,192 shares (Indirect, By Trusts);
Common Stock — 3,005,037 shares (Indirect, By Spouse);
Common Stock — 1,873,521 shares (Direct)
Key Figures
Estate transfer shares acquired: 1,150,000 shares of Common Stock
Trust-held indirect position after transaction: 12,009,192 shares of Common Stock
Indirect holdings by spouse: 3,005,037 shares of Common Stock
+1 more
4 metrics
Estate transfer shares acquired
1,150,000 shares of Common Stock
Shares received on 2026-08-05 via will or laws of descent and distribution
Trust-held indirect position after transaction
12,009,192 shares of Common Stock
Indirect ownership "By Trusts" following the estate-related acquisition
Indirect holdings by spouse
3,005,037 shares of Common Stock
Indirect ownership "By Spouse" reported as a holding entry on 2026-08-05
Direct holdings by James S. Tisch
1,873,521 shares of Common Stock
Direct ownership position reported as of 2026-08-05
Key Terms
Acquisition or disposition by will or laws of descent and distribution, By Trusts, Rule 10b5-1
3 terms
Acquisition or disposition by will or laws of descent and distribution regulatory
"Transaction code W described as Acquisition or disposition by will or laws of descent and distribution"
By Trusts financial
"nature_of_ownership recorded as By Trusts for indirect holdings after the transfer"
Rule 10b5-1 regulatory
"aff_10b5_one indicates the Rule 10b5-1 trading-plan checkbox was not checked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did James S. Tisch report for Loews (L)?
James S. Tisch reported receiving 1,150,000 shares of Loews common stock on August 5, 2026 through an estate or will transfer, treated as an acquisition by will or laws of descent and distribution and held indirectly by trusts.
What are James S. Tisch’s Loews (L) holdings through trusts after this filing?
After the reported estate transfer, trusts associated with James S. Tisch hold 12,009,192 Loews shares indirectly. This figure reflects the total common stock position reported as held "By Trusts" following the 1,150,000-share estate-related acquisition on August 5, 2026.
What additional Loews (L) holdings for James S. Tisch were disclosed?
The filing lists 3,005,037 shares of Loews common stock held indirectly "By Spouse" and 1,873,521 shares held directly by James S. Tisch. These lines are reported as holding entries, providing an updated view of his indirect and direct ownership positions.
Was James S. Tisch’s Loews (L) estate transfer under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 checkbox was not marked for this filing, indicating the reported estate-related acquisition of 1,150,000 Loews shares was not identified as executed under a Rule 10b5-1 or similar pre-arranged trading plan.