Form 4: James S. Tisch Reports Stock Conversion at Loews Corp
SEC Form 4 Filing
Director James S. Tisch reports the conversion of restricted stock units into common stock at Loews Corporation.
Summary
- James S. Tisch, a director of Loews Corp, reported a transaction on May 14, 2025.
- The transaction involved the conversion of 433 restricted stock units (RSUs) into common stock.
- The RSUs vested on May 14, 2025, and were converted into common stock at a price of $0.
- Following the transaction, Tisch directly owns 3,101,329 shares of Loews Corp common stock.
- Tisch also indirectly owns 3,005,037 shares through a spouse and 9,551,407 shares through trusts.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock conversion, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the holdings and activities of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Reporting Person was granted 433 RSUs |
| 05/14/2025 | Date of Earliest Transaction, RSUs vested and converted into common stock |
Keywords
Loews Corp, James S. Tisch, Form 4, Director, Stock Conversion, Restricted Stock Units, Beneficial Ownership
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