Loews VP trades shares, receives 4,546 RSUs
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,150 | $110.00 | $347K |
| Grant/Award | Restricted Stock Units | 4,546 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2. 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
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What insider transactions did Loews Corp (L) report for Mark S. Schwartz?
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What type of transactions are reflected in this Loews Corp (L) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.