STOCK TITAN

Loews (L) CEO Benjamin Tisch logs 21,121-share transfer between family trusts

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Tisch Benjamin J
Role PRES. & CHIEF EXEC. OFFICER
Type Security Shares Price Value
Other Common Stock 21,121 $0.00 --
Other Common Stock 21,121 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 688,225 shares (Indirect, By Trusts); Common Stock — 0.8 shares (Direct, null)
Footnotes (1)
  1. [object Object]
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
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"
SEC Form 4
FORM 4UNITED 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 Benjamin J

(Last)(First)(Middle)
C/O LOEWS CORPORATION
9 WEST 57TH STREET

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LOEWS CORP [ L ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
PRES. & CHIEF EXEC. OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/07/2026J(1)21,121D$0688,225IBy Trusts
Common Stock05/07/2026J(1)21,121D$0667,104IBy Trusts
Common Stock0.8D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Thomas H. Watson, by power of attorney for Benjamin J. Tisch05/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

Did Benjamin J. Tisch buy or sell Loews (L) shares in this filing?

No, the filing does not show a buy or sell. It reports an "other acquisition or disposition" where 21,121 shares were moved between related family trusts without any sale, purchase, or payment of consideration.

How many Loews (L) shares were transferred between family trusts?

A total of 21,121 Loews Common Stock shares were distributed from one family trust to another. The Form 4 describes this as a transfer between trusts associated with Benjamin J. Tisch and his parent, with no consideration paid.

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.