Loews Corp 8-K/A, filed Feb 10, 2022
Loews Corp (L)
8-K/A
2022-02-10
For: 2021-10-28
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Added on
April 07, 2026
About this 8-K/A
Loews Corp filed this 8-K/A on February 10, 2022, reporting on events of October 28, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
(Amendment No.1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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EXPLANATORY NOTE
In its Current Report on Form 8-K dated October 28, 2021 (the “Original Report”), the Registrant reported the appointment of Jane Wang as Senior Vice President and Chief Financial Officer, to be effective as of May 10, 2022. This Current Report on Form 8-K/A amends the Original Report to provide information about the compensatory arrangements entered into in connection with the appointment of Ms. Wang.
Item 5.02. Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) In connection with the appointment of Jane Wang as Senior Vice President and Chief Financial Officer, effective May 10, 2022, the Registrant established the following compensation for Ms. Wang: an annual base salary, effective June 1, 2022, of $600,000; a target cash incentive compensation award for 2022 of $1,400,000; and a target performance-based restricted stock unit (“PRSU”) award for 2022 of 8,223 PRSUs, representing a grant date fair value of $500,000. Ms. Wang’s cash incentive compensation and PRSU awards were made pursuant to the Registrant’s 2016 Incentive Compensation Plan and the terms of such awards are substantially the same as those granted to the Registrant’s executive officers.
(e) The information in Item 5.02(c) is incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LOEWS CORPORATION | ||||||||
| (Registrant) | ||||||||
Dated: February 10, 2022 | By: | /s/ Marc A. Alpert | ||||||
| Marc A. Alpert | ||||||||
| Senior Vice President, | ||||||||
| General Counsel | ||||||||
| and Secretary | ||||||||
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