Form 4: Loews Corp Director Charles Davidson Reports Stock Conversion
SEC Form 4
Director Charles Davidson converted restricted stock units into Loews Corp common stock on May 14, 2025.
Summary
- On May 14, 2025, Charles Davidson, a director of Loews Corp, converted 1,288 restricted stock units (RSUs) into common stock.
- The conversion occurred upon the vesting of the RSUs, which were initially granted on May 14, 2024.
- Following the transaction, Davidson directly owns 28,193.6 shares of Loews Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting the standard vesting and conversion of stock-based compensation.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted compensation.
Stakeholder Impact
- The conversion of RSUs into common stock has a minimal impact on existing shareholders, as it represents the fulfillment of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Reporting Person was granted 1,288 RSUs |
| 05/14/2025 | RSUs vested and were converted into common stock |
| 05/14/2025 | Date of the transaction (conversion of RSUs to common stock) |
Keywords
Loews Corp, Charles Davidson, Director, Stock Conversion, Restricted Stock Units, RSUs, Common Stock, Vesting, Form 4
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