Loews CEO reports family trust share transfer
LOEWS CORP director and CEO Benjamin J. Tisch reported an internal family trust transfer of Common Stock with no sale or purchase involved.
Rhea-AI Filing Summary
LOEWS CORP director and CEO Benjamin J. Tisch reported an internal family trust transfer of Common Stock with no sale or purchase involved. On May 7, 2026, a family trust where he serves as trustee distributed 21,121 shares of Loews Common Stock to another family trust where his parent is trustee. The filing notes this transfer did not involve any consideration and is coded as an "other acquisition or disposition" rather than a market transaction.
Following these trust-related entries, he is shown with 0.8 share held directly and 688,225 shares held indirectly by trusts. This reflects a restructuring of family trust holdings instead of an open‑market buy or sell.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 42,242 shares
Other
3 txns
Insider
Tisch Benjamin J
Role
PRES. & CHIEF EXEC. OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 21,121 | $0.00 | $0.00 |
| Other | Common Stock | 21,121 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 667,104 shares (Indirect, By Trusts);
Common Stock — 0.8 shares (Direct)
Footnotes (1)
- F1. On May 7, 2026, a family trust of which Mr. Benjamin J. Tisch is a trustee distributed 21,121 shares of Common Stock of the Issuer to another family trust of which Mr. Tisch's parent is a trustee. This transfer did not involve a sale or purchase or any form of consideration.
Key Figures
Trust transfer size: 21,121 shares
Restructuring shares total: 42,242 shares
Indirect holdings after transaction: 688,225 shares
+1 more
4 metrics
Trust transfer size
21,121 shares
Distributed between family trusts on May 7, 2026
Restructuring shares total
42,242 shares
RestructuringShares in transaction summary
Indirect holdings after transaction
688,225 shares
Common Stock held indirectly by trusts after transactions
Direct holdings after transaction
0.8 share
Common Stock held directly after holding entry
Key Terms
Common Stock, family trust, trustee, other acquisition or disposition, +1 more
5 terms
Common Stock financial
"21,121 shares of Common Stock of the Issuer to another family trust"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
family trust financial
"a family trust of which Mr. Benjamin J. Tisch is a trustee distributed"
trustee financial
"family trust of which Mr. Benjamin J. Tisch is a trustee distributed 21,121 shares"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
other acquisition or disposition financial
"transaction code description is "Other acquisition or disposition""
indirect ownership financial
"nature_of_ownership: "By Trusts" indicates indirect ownership through family trusts"
FAQ
What did Loews (L) CEO Benjamin J. Tisch report in this Form 4?
Benjamin J. Tisch reported an internal transfer of Loews Common Stock between family trusts. One trust where he is trustee distributed 21,121 shares to another trust where his parent is trustee, with no sale, purchase, or consideration involved.
What are Benjamin J. Tisch’s Loews (L) holdings after the reported transactions?
After the reported transactions, the Form 4 shows Benjamin J. Tisch holding 0.8 share of Loews Common Stock directly and 688,225 shares indirectly through family trusts, reflecting the updated trust-related positions on May 7, 2026.
What does transaction code "J" mean in this Loews (L) Form 4?
Transaction code "J" in this Form 4 is described as an "other acquisition or disposition." Here, it reflects a restructuring-type move where 21,121 Loews shares were transferred between family trusts rather than bought or sold in the market.
Did the Loews (L) trust transfer involve any payment or consideration?
No, the footnote states the transfer did not involve a sale, purchase, or any form of consideration. The 21,121 shares of Loews Common Stock were simply distributed from one family trust to another within the Tisch family.
AI-generated analysis. How Rhea-AI works. Not financial advice.
