0000060086-24-000055.txt : 20240209
0000060086-24-000055.hdr.sgml : 20240209
20240209162508
ACCESSION NUMBER: 0000060086-24-000055
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240207
FILED AS OF DATE: 20240209
DATE AS OF CHANGE: 20240209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCHWARTZ MARK S
CENTRAL INDEX KEY: 0001331842
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06541
FILM NUMBER: 24615404
MAIL ADDRESS:
STREET 1: C/O LOEWS CORPORATION
STREET 2: 667 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10065-8087
FORMER NAME:
FORMER CONFORMED NAME: Schwartz Mark
DATE OF NAME CHANGE: 20050630
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LOEWS CORP
CENTRAL INDEX KEY: 0000060086
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 132646102
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9 WEST 57TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019-2714
BUSINESS PHONE: 212-521-2000
MAIL ADDRESS:
STREET 1: 9 WEST 57TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019-2714
4
1
wk-form4_1707513889.xml
FORM 4
X0508
4
2024-02-07
0
0000060086
LOEWS CORP
L
0001331842
SCHWARTZ MARK S
C/O LOEWS CORPORATION
9 WEST 57TH STREET
NEW YORK
NY
10019
0
1
0
0
V.P., C.A.O. and Treasurer
0
Common Stock
2024-02-07
4
M
0
4111
0
A
16011
D
Common Stock
2024-02-07
4
F
0
1483
72.81
D
14528
D
Common Stock
2024-02-08
4
M
0
4743
0
A
19271
D
Common Stock
2024-02-08
4
F
0
1710
72.66
D
17561
D
Restricted Stock Units
2024-02-07
4
M
0
4111
0
D
Common Stock
4111
4112
D
Restricted Stock Units
2024-02-08
4
M
0
4743
0
D
Common Stock
4743
0
D
Represents the conversion upon vesting of restricted stock units ("RSUs") into common stock. On February 7, 2022, the Reporting Person was awarded 8,223 RSUs ("2022 RSUs"). 50% of these RSUs vested on February 7, 2024. The remaining 2022 RSUs vest on February 7, 2025.
The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2022 RSUs on February 7, 2024 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
Represents the conversion upon vesting of RSUs into common stock. On February 8, 2021, the Reporting Person was awarded 9,485 RSUs ("2021 RSUs"). 50% of these RSUs vested on February 8, 2023. The remaining 2021 RSUs vested on February 8, 2024.
The Reporting Person is reporting the withholding by the Issuer of shares of common stock that vested in respect of the 2021 RSUs on February 8, 2024 but were not issued in order to satisfy the Reporting Person's tax withholding obligations in connection therewith.
Each RSU represents a contingent right to receive one share of the Issuer's common stock.
/s/ Thomas H. Watson by power of attorney for Mark S. Schwartz
2024-02-09