LOEWS CORP 4
0001009879-26-000008
View on SEC EDGARDirector Emeritus Andrew H. Tisch acquired 924,000 shares of Loews Corp common stock via a derivative-related transaction, increasing his indirect trust holdings to 13,069,487 shares.
On August 6, 2026, Andrew H. Tisch, Director Emeritus of Loews Corp, reported a Form 4 transaction involving a derivative security with a transaction code of "W" that resulted in the acquisition of 924,000 shares of Loews common stock for indirect beneficial ownership via trusts, with no price reported (implying a non‑cash or zero‑cost event such as a derivative settlement or similar adjustment). Following this acquisition, his indirect holdings by trusts increased to 13,069,487 shares, while he also reported 1,115,472 shares held directly. Using the current market price of approximately $115.53 per share, the incremental stake added via this transaction is worth roughly $106.7 million, and his total post‑transaction economic exposure, combining direct and indirect ownership, is approximately $1.66 billion. The transaction appears to be a large, non‑open‑market, derivative-related share acquisition rather than a routine, small RSU vesting, making it a significant ownership consolidation event despite the lack of cash consideration.
Filing Facts
- CIK
- 60086
- Ticker
- L
- Form
- 4
- Source Type
- sec
- Accession
- 0001009879-26-000008
- Alert Tier
- 7