Form 4: Loews Corp Executive Alexander H. Tisch Reports Acquisition of Stock Appreciation Rights
SEC Form 4
Alexander H. Tisch, VP; Pres. & CEO of Loews Hotels, reports the acquisition of stock appreciation rights related to Loews Corp common stock.
Summary
- Alexander H. Tisch, a VP; Pres. & CEO of Loews Hotels, filed a Form 4 with the SEC on February 18, 2025.
- The report details the acquisition of stock appreciation rights (SARs) related to Loews Corp common stock on February 17, 2025.
- Tisch acquired 100,000 SARs with an exercise price of $100, 150,000 SARs with an exercise price of $150, and 200,000 SARs with an exercise price of $200.
- These SARs are exercisable starting February 17, 2032, and expire on February 17, 2035.
- The SARs were granted at no cost to the reporting person.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing related to executive compensation. The acquisition of SARs could be interpreted as a positive sign of management's confidence, but it's not a strong indicator.
Positives
- The acquisition of stock appreciation rights by a key executive could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of executive compensation in the form of stock appreciation rights, which is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The acquisition of stock appreciation rights by a key executive could potentially impact shareholder sentiment, depending on how it's perceived in relation to the company's overall performance and compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of transaction: Acquisition of stock appreciation rights. |
| 02/17/2025 | Date of transaction: Acquisition of stock appreciation rights. |
| 02/17/2025 | Date of transaction: Acquisition of stock appreciation rights. |
| 02/17/2032 | Date the Stock Appreciation Rights become exercisable. |
| 02/17/2032 | Date the Stock Appreciation Rights become exercisable. |
| 02/17/2032 | Date the Stock Appreciation Rights become exercisable. |
| 02/17/2035 | Expiration date of the Stock Appreciation Rights. |
| 02/17/2035 | Expiration date of the Stock Appreciation Rights. |
| 02/17/2035 | Expiration date of the Stock Appreciation Rights. |
| 02/18/2025 | Date of Form 4 filing. |
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