0000060086 2025-01-01 2025-12-31 0000060086 2024-01-01 2024-12-31 0000060086 2023-01-01 2023-12-31 0000060086 2022-01-01 2022-12-31 0000060086 2021-01-01 2021-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-01-01 2022-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-01-01 2021-12-31 0000060086 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2022-01-01 2022-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-01-01 2021-12-31 0000060086 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-01-01 2022-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2021-01-01 2021-12-31 0000060086 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-01-01 2023-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-01-01 2022-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2021-01-01 2021-12-31 0000060086 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2022-01-01 2022-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2021-01-01 2021-12-31 0000060086 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0000060086 1 2025-01-01 2025-12-31 0000060086 2 2025-01-01 2025-12-31 iso4217:USD 0000060086 DEF 14A false LOEWS CORPORATION The Compensation Committee makes annual grants of equity awards and takes other compensation actions in the first quarter of each year in connection with its annual management performance evaluation. Annual equity grants for executive officers occur on the same date as our annual equity grants for our other officers and employees, which typically occurs in February. Loews does not grant equity awards in anticipation of the release of material non-public information or time the release of this information based on equity award grant dates. We also at times grant equity awards in connection with new hires or promotions during the year, and in connection with our recent executive leadership transition, we granted SARs to each of Benjamin Tisch, Alexander Tisch and Jane Wang, as described below under the heading “2025 Compensation to Our Named Executive Officers — Special 2025 Stock Appreciation Right Awards.” These grants are approved by the Committee (or, in the case of grants to those who are not subject to Section 16 of the Exchange Act, by our Chief Executive Officer, as delegated by the Committee) and are also not granted (and in 2025 were not granted) in anticipation of the release of material non-public information. The Compensation Committee makes annual grants of equity awards and takes other compensation actions in the first quarter of each year in connection with its annual management performance evaluation. Annual equity grants for executive officers occur on the same date as our annual equity grants for our other officers and employees, which typically occurs in February. true Loews does not grant equity awards in anticipation of the release of material non-public information or time the release of this information based on equity award grant dates. We also at times grant equity awards in connection with new hires or promotions during the year, and in connection with our recent executive leadership transition, we granted SARs to each of Benjamin Tisch, Alexander Tisch and Jane Wang, as described below under the heading “2025 Compensation to Our Named Executive Officers — Special 2025 Stock Appreciation Right Awards.” These grants are approved by the Committee (or, in the case of grants to those who are not subject to Section 16 of the Exchange Act, by our Chief Executive Officer, as delegated by the Committee) and are also not granted (and in 2025 were not granted) in anticipation of the release of material non-public information. false false true <div style="margin-bottom:3pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.404%"><tr><td style="width:1.0%"></td><td style="width:5.037%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.079%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.127%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.726%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.726%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.882%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.882%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.133%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.596%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.936%"></td><td style="width:0.1%"></td></tr><tr style="height:26pt"><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div>Year(1)</div></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Summary Compensation Table Total for PEO</td><td colspan="3" rowspan="4" style="padding:0 1pt"></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Compensation</div><div style="text-align:right">Actually Paid</div><div style="text-align:right">to PEO (2)</div></td><td colspan="3" rowspan="4" style="padding:0 1pt"><div style="margin-bottom:2pt"> </div></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Average Summary Compensation Table Total for non-PEO Named Executive Officers</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Average</div><div style="text-align:right">Compensation</div><div style="text-align:right">Actually Paid to</div><div style="text-align:right">non-PEO Named</div><div style="text-align:right">Executive</div><div style="text-align:right">Officers (2)</div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div> </div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Value of Initial Fixed $100 Investment Based On:</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div> </div></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Net Income (millions)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" rowspan="4" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Performance-</div><div style="text-align:right">Based Income</div><div style="text-align:right">(millions) (5)</div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.75pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:0.75pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:0.75pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:36pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt"> </div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Total</div><div style="text-align:right">Shareholder</div><div style="text-align:right">Return (3)</div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt"> </div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Peer Group</div><div style="text-align:right">Total</div><div style="text-align:right">Shareholder</div><div style="text-align:right">Return (4)</div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt"> </div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:left;vertical-align:middle">2025</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$8,753,165</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$11,974,575</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$7,056,733</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$8,738,008</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$277.70</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$287.03</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$1,667</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">$1,873</td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">7,069,657</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">7,651,106</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">5,008,546</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">5,433,725</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">209.17</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">255.91</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,414</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,865</td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">6,918,337</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">7,276,014</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">4,804,732</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">5,086,696</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">162.96</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">165.68</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,434</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,601</td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">6,439,183</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">6,487,578</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">4,516,160</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">4,506,675</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">130.73</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">156.52</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">822</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,159</td></tr><tr><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">6,119,523</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">6,727,729</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">5,413,003</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">5,925,474</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">128.89</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">127.73</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle"> </td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,562</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,211</td></tr></table></div> 8753165 11974575 7056733 8738008 277.70 287.03

1667000000

1873000000 7069657 7651106 5008546 5433725 209.17 255.91

1414000000

1865000000 6918337 7276014 4804732 5086696 162.96 165.68

1434000000

1601000000 6439183 6487578 4516160 4506675 130.73 156.52

822000000

1159000000 6119523 6727729 5413003 5925474 128.89 127.73

1562000000

1211000000 Reported compensation amounts are based on the principal executive officer (“PEO”) and non-PEO name executive officers (“non-PEO NEOs”) for each year as set forth in the following table.<div style="margin-bottom:3pt;padding-left:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.428%"><tr><td style="width:1.0%"></td><td style="width:5.227%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.183%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.651%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:73.439%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Year</td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">PEO</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:left;vertical-align:middle">2025</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">Benjamin J. Tisch</td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:2px 1pt;text-align:right;vertical-align:middle">Jane J. Wang, Kenneth I. Siegel, Richard W. Scott and Alexander H. Tisch</td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">James S. Tisch</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">Jane J. Wang, Jonathan M. Tisch, Kenneth I. Siegel and Richard W. Scott</td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">James S. Tisch</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">Jane J. Wang, Jonathan M. Tisch, Kenneth I. Siegel and Richard W. Scott</td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">James S. Tisch</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">David B. Edelson, Jane J. Wang, Jonathan M. Tisch, Kenneth I. Siegel and Richard W. Scott</td></tr><tr><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">James S. Tisch</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">David B. Edelson, Andrew H. Tisch, Jonathan M. Tisch and Kenneth I. Siegel</td></tr></table></div> Benjamin J. Tisch James S. Tisch James S. Tisch James S. Tisch James S. Tisch “Compensation actually paid” is the total Summary Compensation Table compensation, adjusted in accordance with applicable SEC rules as set forth in the following table. The amounts set forth for the non-PEO NEOs are averages of the adjustments. <div style="margin-bottom:3pt;margin-top:6pt;padding-left:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.428%"><tr><td style="width:1.0%"></td><td style="width:55.535%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.806%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.381%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.249%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Adjustment</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"> </td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">PEO</td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:top">Deduction of the aggregate change in the actuarial present value of the named executive officer’s accumulated benefit under all defined benefit and actuarial pension plans reported in the Summary Compensation Table</td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(2,819)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(60,074)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">0</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(54,984)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(153,220)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(116,857)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">0</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(46,198)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">0</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(31,535)</td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:top">Deduction of the amounts reported in the Summary Compensation Table in respect of all stock and option/SAR awards</td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">(4,993,500)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">(2,615,906)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(1,000,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(850,000)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(1,000,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(850,000)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(1,000,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(700,000)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(900,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(805,000)</td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:top">Addition of the fair value as of the end of the year of all stock and option/SAR awards granted during the year that were outstanding and unvested as of the end of the year</td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">7,852,764</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">3,974,995</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,159,322</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">985,411</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,149,349</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">976,957</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">959,353</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">671,518</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,108,068</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">991,104</td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top">Addition of the change as of the end of the year (from the end of the prior year) in fair value (whether positive or negative) of stock and option/SAR awards granted in any prior year that were outstanding and unvested as of the end of the year</td><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">345,013</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">357,788</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">373,574</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">308,225</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">293,199</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">222,123</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">15,770</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">9,181</td></tr><tr style="height:12pt"><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">335,839</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">216,430</td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt;padding-left:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.428%"><tr><td style="width:1.0%"></td><td style="width:55.535%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.806%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.381%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.249%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Adjustment</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"> </td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">PEO</td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top">Addition of the change as of the vesting date (from the end of the prior year) in fair value (whether positive or negative) of any stock and option/SAR awards granted in any prior year for which all applicable vesting conditions were satisfied as of the end of or during the year</td><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">19,952</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">24,472</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">48,553</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">36,527</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">68,349</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">49,741</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">73,272</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">56,014</td></tr><tr style="height:12pt"><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">64,299</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">141,472</td></tr></table></div> “Compensation actually paid” is the total Summary Compensation Table compensation, adjusted in accordance with applicable SEC rules as set forth in the following table. The amounts set forth for the non-PEO NEOs are averages of the adjustments. <div style="margin-bottom:3pt;margin-top:6pt;padding-left:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.428%"><tr><td style="width:1.0%"></td><td style="width:55.535%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.806%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.381%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.249%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Adjustment</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"> </td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">PEO</td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #00549e;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #00549e;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:top">Deduction of the aggregate change in the actuarial present value of the named executive officer’s accumulated benefit under all defined benefit and actuarial pension plans reported in the Summary Compensation Table</td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(2,819)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(60,074)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">0</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(54,984)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(153,220)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(116,857)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">0</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(46,198)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">0</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(31,535)</td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:top">Deduction of the amounts reported in the Summary Compensation Table in respect of all stock and option/SAR awards</td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">(4,993,500)</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">(2,615,906)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(1,000,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(850,000)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(1,000,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(850,000)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(1,000,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(700,000)</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(900,000)</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">(805,000)</td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:top">Addition of the fair value as of the end of the year of all stock and option/SAR awards granted during the year that were outstanding and unvested as of the end of the year</td><td colspan="3" rowspan="5" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">7,852,764</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">3,974,995</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,159,322</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">985,411</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,149,349</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">976,957</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">959,353</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">671,518</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,108,068</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">991,104</td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top">Addition of the change as of the end of the year (from the end of the prior year) in fair value (whether positive or negative) of stock and option/SAR awards granted in any prior year that were outstanding and unvested as of the end of the year</td><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">345,013</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">357,788</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">373,574</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">308,225</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">293,199</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">222,123</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">15,770</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">9,181</td></tr><tr style="height:12pt"><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">335,839</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">216,430</td></tr></table></div><div style="margin-bottom:3pt;margin-top:6pt;padding-left:18pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.428%"><tr><td style="width:1.0%"></td><td style="width:55.535%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.806%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.381%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.992%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.249%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Adjustment</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"> </td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">PEO</td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1.5pt solid #000000;padding:0 1pt"></td></tr><tr style="height:12pt"><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top">Addition of the change as of the vesting date (from the end of the prior year) in fair value (whether positive or negative) of any stock and option/SAR awards granted in any prior year for which all applicable vesting conditions were satisfied as of the end of or during the year</td><td colspan="3" rowspan="5" style="border-bottom:1.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div> </div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">19,952</td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">24,472</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">48,553</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">36,527</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">68,349</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2023</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">49,741</td></tr><tr style="height:12pt"><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">73,272</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">56,014</td></tr><tr style="height:12pt"><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">64,299</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">2021</td><td colspan="3" style="border-bottom:1.5pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">141,472</td></tr></table></div> -2819 -60074 0 -54984 -153220 -116857 0 -46198 0 -31535 -4993500 -2615906 -1000000 -850000 -1000000 -850000 -1000000 -700000 -900000 -805000 7852764 3974995 1159322 985411 1149349 976957 959353 671518 1108068 991104 345013 357788 373574 308225 293199 222123 15770 9181 335839 216430 19952 24472 48553 36527 68349 49741 73272 56014 64299 141472 Total shareholder return (“TSR”) is calculated in accordance with applicable SEC rules. For calculation purposes, the measurement period is the period from the market close on the last trading day before 2021 through and including the end of 2025. This column represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. For all years presented in the table, the peer group consists of the following companies: Berry Global, Inc. (included through April 30, 2025 when it was acquired by Amcor plc), Chubb Limited, Diamond Rock Hospitality Company, Enbridge Inc., Energy Transfer LP, Kinder Morgan, Inc., Ryman Hospitality Properties, Inc., Silgan Holdings Inc., Sunstone Hotel Investors, Inc., The Hartford Financial Services Group, Inc., The Travelers Companies, Inc., W.R. Berkley Corporation and Xenia Hotels & Resorts, Inc. Performance-based income is defined in our Incentive Compensation Plan as our consolidated net income as adjusted by the Compensation Committee under the terms of our Incentive Compensation Plan. More information about performance-based income, including a description of the adjustments to net income made by the Compensation Committee to determine performance-based income, is provided under “Compensation Program Structure and Process” beginning on page <a href="#i9d239e49da2b4cccb8d92a962346d04a_924" style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">23</a>. Performance-based income <div style="margin-bottom:6pt">The following graphs show the relationships between compensation actually paid to the PEO and the average compensation actually paid to the non-PEO NEOs and certain performance metrics during the years covered by the Pay Versus Performance Table. </div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><img alt="3848290704324" id="i-8" src="l-20260331_g8.jpg" style="height:297px;margin-bottom:5pt;vertical-align:text-bottom;width:576px"/></div> <div style="margin-bottom:6pt">The following graphs show the relationships between compensation actually paid to the PEO and the average compensation actually paid to the non-PEO NEOs and certain performance metrics during the years covered by the Pay Versus Performance Table. </div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><img alt="3848290704324" id="i-8" src="l-20260331_g8.jpg" style="height:297px;margin-bottom:5pt;vertical-align:text-bottom;width:576px"/></div> <div style="margin-bottom:6pt">The following graphs show the relationships between compensation actually paid to the PEO and the average compensation actually paid to the non-PEO NEOs and certain performance metrics during the years covered by the Pay Versus Performance Table. </div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><img alt="5497558146623" id="i-10" src="l-20260331_g10.jpg" style="height:297px;margin-bottom:5pt;vertical-align:text-bottom;width:576px"/></div> <div style="margin-bottom:6pt">The following graphs show the relationships between compensation actually paid to the PEO and the average compensation actually paid to the non-PEO NEOs and certain performance metrics during the years covered by the Pay Versus Performance Table. </div><div style="margin-bottom:12pt;margin-top:6pt;text-align:center"><img alt="5497558146550" id="i-9" src="l-20260331_g9.jpg" style="height:297px;margin-bottom:5pt;vertical-align:text-bottom;width:576px"/></div> <div style="margin-bottom:6pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#00549e;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#00549e;padding:2px 1pt;text-align:center;vertical-align:top">Financial Performance Measures</td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#00549e;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ebebeb;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ebebeb;padding:2px 1pt;text-align:center;vertical-align:top">Performance-Based Income</td></tr><tr><td colspan="3" style="background-color:#ebebeb;padding:2px 1pt;text-align:center;vertical-align:top">Performance-Based Income per Share</td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ebebeb;padding:0 1pt"></td></tr></table></div> Performance-Based Income Performance-Based Income per Share