STOCK TITAN

Loews Corp (L) VP sells 3,150 shares and receives 4,546 RSU award

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.
SEC Form 4
FORM 4 UNITED 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*
SCHWARTZ MARK S

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

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LOEWS CORP [ L ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
V.P., C.A.O. and Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 S 3,150 D $110 12,080 D
Common Stock 9,218 I By Spouse
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/16/2026 A 4,546 (2) (2) Common Stock 4,546 $0 4,546 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. 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.
Remarks:
/s/ Thomas H. Watson by power of attorney for Mark S. Schwartz 02/18/2026
** Signature of Reporting Person Date
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.

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.

How many Loews Corp (L) shares did Mark S. Schwartz sell and at what price?

Mark S. Schwartz sold 3,150 shares of Loews common stock at $110 per share in an open-market sale. After this transaction, he directly held 12,080 common shares, according to the reported ownership figures following the sale.

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.

When do Mark S. Schwartz’s Loews Corp (L) RSUs vest and convert into shares?

Of the 4,546 RSUs awarded, 50% vest on February 16, 2028, and the remaining 50% vest on February 16, 2029. Shares will be delivered within 30 days after each vesting date, subject to any share-delivery deferral election he makes.

How many Loews Corp (L) shares does Mark S. Schwartz hold directly and indirectly?

After the reported sale, Mark S. Schwartz directly owned 12,080 Loews common shares. Separately, 9,218 additional common shares are reported as owned indirectly through his spouse, reflecting family-related holdings distinct from his direct ownership stake.

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.
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