Loews (L) Form 4: Director Charles Diker Granted 251 Shares

Rhea-AI Filing Summary

Loews Corporation director Charles M. Diker received a quarterly equity grant of common stock as director compensation. The Form 4 reports a transaction on 09/30/2025 in which 251 shares of Loews common stock were acquired at a $0 price, described as the quarterly grant under the Loews Corporation 2025 Incentive Compensation Plan. Following the grant, Mr. Diker is shown as beneficially owning 21,594 shares; ownership is reported in a direct capacity. The filing was signed on behalf of Mr. Diker by power of attorney.

Positive

• Director alignment with shareholders: 251 shares granted as equity compensation under the 2025 Incentive Compensation Plan
• No cash paid: grant recorded at a $0 price, conserving company cash while compensating a director
• Transparent disclosure: Form 4 reports the grant and resulting direct beneficial ownership of 21,594 shares

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation delivered as equity, aligning director interests with shareholders without a cash outlay.

The 251-share grant is presented as a scheduled quarterly award under the company's 2025 Incentive Compensation Plan. Such grants are common practice to align directors with shareholder outcomes and to conserve cash by using equity-based compensation. The Form 4 shows direct beneficial ownership of 21,594 shares after the award. There is no indication of disposals, exercises, or derivative transactions in this filing. The signature by power of attorney is a standard administrative detail and does not alter the substance of the disclosure.

Securities Analyst

TL;DR: A small, routine equity grant to a director; impact on share count and ownership stake is negligible.

The transaction code indicates an acquisition resulting from director compensation and lists a $0 price, consistent with awarded shares rather than a market purchase. The incremental 251 shares bring the director's reported direct holdings to 21,594 shares. For most investors, this level of issuance is immaterial to overall capitalization and does not signal a change in insider sentiment such as buying or selling for liquidity reasons. The filing contains no derivatives or unusual terms.

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

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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^*

DIKER CHARLES M

(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	21,594	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 Charles M. Diker	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 Loews director Charles M. Diker report on Form 4 (L)?

The Form 4 reports a grant of 251 shares of Loews common stock on 09/30/2025 as quarterly director compensation.

How many Loews (L) shares does Charles M. Diker beneficially own after the reported transaction?

After the reported acquisition, Mr. Diker is shown as beneficially owning 21,594 shares in a direct capacity.

What was the price recorded for the Loews (L) share grant to the director?

The grant is recorded at a $0 price, indicating awarded shares rather than a purchase.

Under what plan were the Loews (L) shares granted to the director?

The shares represent a quarterly grant under the Loews Corporation 2025 Incentive Compensation Plan.

Who signed the Form 4 for Charles M. Diker?

The Form 4 was signed by Thomas H. Watson by power of attorney on 09/30/2025.