Form 4: Walter L. Harris Granted 251 Loews Shares on 09/30/2025

Rhea-AI Filing Summary

Walter L. Harris, a director of Loews Corporation (ticker: L), received a routine director compensation grant of 251 shares of Loews common stock on 09/30/2025. The grant was made under the Loews Corporation 2025 Incentive Compensation Plan and recorded at a price of $0, reflecting a stock award rather than a cash purchase. After the grant, Mr. Harris is reported to beneficially own 24,594 shares, held in a direct ownership form.

The Form 4 was filed by a single reporting person and signed by Thomas H. Watson by power of attorney on 09/30/2025. The filing identifies Mr. Harris as a director and describes the transaction as the company’s quarterly director compensation award.

Insights

Securities Analyst

TL;DR: A routine, non-cash director share grant was reported; it appears administrative and not immediately material to investors.

This Form 4 documents a standard director compensation equity grant of 251 shares under the company's 2025 Incentive Compensation Plan. The grant is recorded at $0 per share, indicating an award rather than an open-market purchase, and increases reported direct beneficial ownership to 24,594 shares. For most investors, such periodic director grants are customary and typically not material to valuation absent unusually large sizes or concurrent governance events.

Corporate Governance Expert

TL;DR: Director received scheduled compensation in equity form; filing aligns with routine governance disclosure requirements.

The filing identifies Walter L. Harris as a director and shows compliance with Section 16 reporting by disclosing the quarterly equity grant under the 2025 Incentive Compensation Plan. The transaction being a direct award and documented by power of attorney for timely filing indicates administrative adherence to insider reporting rules. No departures from typical governance practices are evident in the submission.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HARRIS WALTER L

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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	09/30/2025		A		251	A(1)	$0	24,594	D

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

Explanation of Responses:

1. Represents quarterly grant of common stock in respect of director compensation under the Loews Corporation 2025 Incentive Compensation Plan.

Remarks:

	/s/ Thomas H. Watson by power of attorney for Walter L. Harris	09/30/2025
	** 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 transaction did Walter L. Harris report on Form 4 for Loews Corporation (L)?

The Form 4 reports a 251-share equity grant of Loews common stock to Walter L. Harris on 09/30/2025 under the Loews Corporation 2025 Incentive Compensation Plan.

How many Loews shares does Walter L. Harris beneficially own after the reported transaction?

Following the grant, the Form 4 shows Mr. Harris beneficially owns 24,594 shares, held in a direct ownership form.

What price was reported for the shares granted to Walter L. Harris?

The reported price for the 251-share award is $0, indicating these were equity awards rather than purchases.

Who filed and signed the Form 4 on behalf of Walter L. Harris?

The Form 4 was signed /s/ Thomas H. Watson by power of attorney for Walter L. Harris and dated 09/30/2025.

Under what plan were the shares granted to the director?

The 251-share grant was made under the Loews Corporation 2025 Incentive Compensation Plan as the quarterly director compensation award.