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Loews (L) director emeritus Andrew Tisch reports 50,000-share sale

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Loews Corporation director emeritus Andrew H. Tisch reported selling 50,000 shares of Loews common stock on 12/15/2025 at a weighted average price of $105.07 per share.

The sale consisted of multiple trades at prices between $105.00 and $105.33. After this transaction, he beneficially owned 12,909,642 shares indirectly through trusts and 551,317 shares directly.

This insider ownership report shows how a long-serving company leader adjusted his personal stake in Loews, information many investors review when tracking insider activity.

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*
TISCH ANDREW H

(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
Officer (give title below) X Other (specify below)
DIRECTOR EMERITUS
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
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 12/15/2025 S 50,000 D $105.07(1) 12,909,642 I By Trusts
Common Stock 551,317 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 the weighted average price of multiple transactions with a range of prices between $105.00 and $105.33. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities at each separate price sold.
Remarks:
/s/ Thomas H. Watson, by power of attorney for Andrew H. Tisch 12/17/2025
** 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 insider transaction did Loews Corp (L) report in this Form 4?

Andrew H. Tisch, a director emeritus of Loews Corp, reported selling 50,000 shares of Loews common stock on 12/15/2025.

At what price were the 50,000 Loews Corp (L) shares sold?

The shares were sold at a weighted average price of $105.07 per share, from multiple trades in a price range between $105.00 and $105.33.

How many Loews Corp (L) shares does Andrew H. Tisch now beneficially own?

Following the sale, Andrew H. Tisch beneficially owned 12,909,642 shares of Loews common stock indirectly through trusts and 551,317 shares directly.

What is Andrew H. Tisch’s role at Loews Corp (L)?

Andrew H. Tisch is identified as an "Other" reporting person with the specified title of Director Emeritus of Loews Corp.

Does this Loews Corp (L) Form 4 report any derivative securities?

The Form 4 includes a table for derivative securities, but no derivative transactions or holdings are listed; only common stock transactions appear.

Is Andrew H. Tisch’s ownership in Loews Corp (L) direct or indirect?

After the transaction, he holds Loews common stock both indirectly through trusts (12,909,642 shares) and directly (551,317 shares).

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