Loews Corp (L) VP sells 3,150 shares and receives 4,546 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Loews Corp executive Mark S. Schwartz, its V.P., C.A.O. and Treasurer, sold 3,150 shares of common stock at $110 per share, leaving 12,080 shares held directly. He was also granted 4,546 restricted stock units, each representing one future share of common stock, subject to vesting.
Half of the 4,546 RSUs vest on February 16, 2028, and the remaining half vest on February 16, 2029, with shares deliverable within 30 days after each vesting date, subject to any deferral election. In addition, 9,218 common shares are held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,150 shares ($346,500)
Net Sell
3 txns
Insider
SCHWARTZ MARK S
Role
V.P., C.A.O. and Treasurer
Sold
3,150 shs ($347K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,150 | $110.00 | $347K |
| Grant/Award | Restricted Stock Units | 4,546 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,080 shares (Direct);
Restricted Stock Units — 4,546 shares (Direct);
Common Stock — 9,218 shares (Indirect, By Spouse)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. The Reporting Person was awarded 4,546 RSUs on February 16, 2026. 50% of the 2026 RSUs vest on February 16, 2028 and the remaining 50% vest on February 16, 2029. 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.
FAQ
What insider transactions did Loews Corp (L) report for Mark S. Schwartz?
Loews executive Mark S. Schwartz reported selling 3,150 shares of common stock at $110 per share and receiving a grant of 4,546 restricted stock units. The RSUs represent future delivery of common shares, subject to vesting over time and any deferral elections.
What restricted stock unit grant did Mark S. Schwartz receive from Loews Corp (L)?
Mark S. Schwartz received 4,546 restricted stock units, each representing a contingent right to one Loews common share. The award was dated February 16, 2026 and increases his derivative holdings to a total of 4,546 RSUs after the grant.
What type of transactions are reflected in this Loews Corp (L) Form 4?
The Form 4 reflects an open-market sale of 3,150 Loews common shares and a grant of 4,546 restricted stock units. It also reports 9,218 common shares held indirectly by his spouse, which are listed as indirect ownership rather than a new transaction.