Loews sets CEO Benjamin Tisch's 2025 pay: $1M salary, $2.6M target, 10,690 PRSUs; special SAR grants to three execs

LOEWS CORP

Benjamin J. Tisch receives annual base salary of $1,000,000 and target cash incentive of $2,600,000 for 2025.
Tisch also gets a target PRSU award of 10,690 units (grant date fair value $900,000) under the 2016 Incentive Plan.
Special SAR grants: B. Tisch and A. Tisch each receive 450,000 SARs ($4.09M fair value); J. Wang receives 337,500 SARs ($3.07M).
SARs have three exercise prices ($100, $150, $200/share) and become exercisable after 7 years; 10-year term; subject to clawback.

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