Loews director receives 235-share stock grant

FRIBOURG PAUL J reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 03/31/2026 - 04:22 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

FRIBOURG PAUL J reported acquisition or exercise transactions in this Form 4 filing.

Loews Corporation director Paul J. Fribourg received a quarterly stock grant of 235 shares of Common Stock as director compensation under the Loews Corporation 2025 Incentive Compensation Plan. After this award, he directly holds a total of 869 Common Stock shares.

Insider Trade Summary

Grant/Award: 235 shares

Grant/Award 1 txn

Insider FRIBOURG PAUL J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	235	$0.00	$0.00

Holdings After Transaction: Common Stock — 869 shares (Direct)

Holdings Before and After: Common Stock, 634 to 869 shares (Direct)

Footnotes (1)

1. F1. Represents quarterly grant of common stock in respect of director compensation under the Loews Corporation 2025 Incentive Compensation Plan.

Key Figures

Shares granted: 235 shares Total shares after grant: 869 shares Grant price per share: $0.00 per share

3 metrics

Shares granted 235 shares Quarterly director stock grant on March 31, 2026

Total shares after grant 869 shares Direct Common Stock holdings following transaction

Grant price per share $0.00 per share Equity award under 2025 Incentive Compensation Plan

Key Terms

Incentive Compensation Plan, Common Stock, Grant, award, or other acquisition, director compensation

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.

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"

director compensation financial

"in respect of director compensation under the Loews Corporation 2025 Incentive Compensation Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Loews (L) director Paul J. Fribourg report?

Paul J. Fribourg reported receiving a grant of 235 Loews Common Stock shares. The award was issued as part of his director compensation under the Loews Corporation 2025 Incentive Compensation Plan, reflecting routine equity-based compensation rather than an open-market share purchase.

How many Loews (L) shares does Paul J. Fribourg hold after this Form 4?

After the reported grant, Paul J. Fribourg directly holds 869 Loews Common Stock shares. This total includes the new 235-share quarterly compensation award disclosed in the Form 4 and represents his updated direct ownership position as of the transaction date in the filing.

Was the Loews (L) Form 4 transaction a market purchase or a stock grant?

The Form 4 discloses a stock grant, not a market purchase. Fribourg received 235 Common Stock shares at a reported price of $0.00 per share as a quarterly compensation award under the Loews Corporation 2025 Incentive Compensation Plan for board service.

What is the purpose of the Loews Corporation 2025 Incentive Compensation Plan?

The Loews Corporation 2025 Incentive Compensation Plan is used to deliver equity-based compensation, including director awards. In this Form 4, it is referenced as the plan under which Paul J. Fribourg received a quarterly grant of 235 Common Stock shares for his director compensation.

Does the Loews (L) Form 4 indicate any stock sales by Paul J. Fribourg?

The Form 4 shows no stock sales by Paul J. Fribourg. It reports only an acquisition via grant of 235 Common Stock shares for director compensation, with his total direct holdings increasing to 869 shares following this routine equity award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

FRIBOURG PAUL J

(Last) (First) (Middle)

C/O LOEWS CORPORATION

9 WEST 57TH STREET

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/31/2026		A		235	A(1)	$0	869	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 Paul J. Fribourg	03/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)