Loews (L) director Walter L. Harris awarded 223-share quarterly stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HARRIS WALTER L reported acquisition or exercise transactions in this Form 4 filing.
Loews Corp director Walter L. Harris received 223 shares of Common Stock as a quarterly equity grant for director compensation. The shares were awarded at a stated price of $0.00 per share under the Loews Corporation 2025 Incentive Compensation Plan and are a form of non-cash compensation rather than an open-market purchase. Following this grant, Harris directly holds 25,286 Loews shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HARRIS WALTER L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 223 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,286 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 223 shares
Grant price: $0.00 per share
Shares held after grant: 25,286 shares
3 metrics
Shares granted
223 shares
Quarterly director stock grant
Grant price
$0.00 per share
Stated transaction price for stock award
Shares held after grant
25,286 shares
Direct holdings following Form 4 transaction
Key Terms
Incentive Compensation Plan, director compensation, Common Stock, Grant, award, or other acquisition
4 terms
Incentive Compensation Plan financial
"under the Loews Corporation 2025 Incentive Compensation Plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
director compensation financial
"in respect of director compensation under the Loews Corporation 2025 Incentive Compensation Plan"
Common Stock financial
"Represents quarterly grant of common stock in respect of director compensation"
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.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did Loews (L) director Walter L. Harris report in this Form 4?
Walter L. Harris reported receiving 223 shares of Loews Common Stock. The shares were granted as part of his director compensation, not bought on the open market, and increase his direct holdings to 25,286 shares.
Was the Loews (L) Form 4 transaction a stock purchase or a grant?
The transaction was a stock grant, not an open-market purchase. The filing classifies it as a grant, award, or other acquisition of 223 Common Stock shares for director compensation at a stated price of $0.00 per share.