0000060086-24-000031.txt : 20240206
0000060086-24-000031.hdr.sgml : 20240206
20240206161959
ACCESSION NUMBER: 0000060086-24-000031
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240205
FILED AS OF DATE: 20240206
DATE AS OF CHANGE: 20240206
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCOTT RICHARD WALDO
CENTRAL INDEX KEY: 0001238752
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06541
FILM NUMBER: 24600521
MAIL ADDRESS:
STREET 1: 667 MADISON AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10065
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LOEWS CORP
CENTRAL INDEX KEY: 0000060086
STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 132646102
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9 WEST 57TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019-2714
BUSINESS PHONE: 212-521-2000
MAIL ADDRESS:
STREET 1: 9 WEST 57TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019-2714
4
1
wk-form4_1707254391.xml
FORM 4
X0508
4
2024-02-05
0
0000060086
LOEWS CORP
L
0001238752
SCOTT RICHARD WALDO
C/O LOEWS CORPORATION
9 WEST 57TH STREET
NEW YORK
NY
10019
0
1
0
0
SVP & Chief Investment Officer
0
Restricted Stock Units
2024-02-05
4
A
0
13213
0
A
Common Stock
13213
13213
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
The RSUs were awarded to the Reporting Person on February 6, 2023 subject to the Issuer achieving a pre-determined target level of performance-based income ("PBI Metric") for 2023. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 5, 2024. 50% of the RSUs vest on February 6, 2025 and the remaining 50% vest on February 6, 2026. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of shares by the Reporting Person.
/s/ Thomas H. Watson, by power of attorney for Richard W. Scott
2024-02-06