X0306 4 2019-05-14 0 0000060086 LOEWS CORP L 0001213307 WELTERS ANTHONY 1650 TYSONS BLVD., SUITE 900 MCLEAN VA 22102 1 0 0 0 Restricted Stock Units 2019-05-14 4 A 0 1979 0 A Common Stock 1979 1979 D Each restricted stock unit (each, an "RSU") represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest on May 14, 2020. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting, subject to any election to defer delivery of shares made by the Reporting Person. /s/ Thomas H. Watson by power of attorney for Anthony Welters 2019-05-14