Travelers director granted 158 deferred stock units

Travelers Companies director Russell G. Golden received 158.560 deferred common stock units as compensation.

Rhea-AI Filing Summary

Travelers Companies director Russell G. Golden received 158.560 deferred common stock units as compensation. The units were valued at $291.68 per share equivalent and are part of the Company’s Deferred Compensation Plan for Non-Employee Directors.

After this grant and related dividend reinvestment, Golden holds a total of 5,439.062 deferred common stock units, including 19.839 units acquired through the plans’ dividend reinvestment features. These units will convert into an equal number of Travelers common shares upon distribution, which can occur in a lump sum or annual installments at the director’s election.

Insider Trade Summary

Grant/Award: 158.56 shares

Grant/Award 1 txn

Insider Golden Russell G.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	158.56	$291.68	$46K

Holdings After Transaction: Common Stock — 5,439.062 shares (Direct)

Footnotes (2)

1. F1. These are deferred common stock units received in lieu of cash compensation pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors. The deferred common stock units will be converted into shares of Company common stock on a one-for-one basis upon distribution. Distribution of shares of common stock occurs, at the election of the director, either in a lump sum or in annual installments pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors.
2. F2. Includes the deferred common stock units granted under one or more of the Company's directors' compensation plans. Also includes 19.839 deferred common stock units acquired on March 31, 2026 pursuant to the dividend reinvestment features of those plans, which will be distributed as described in footnote 1 above.

Key Figures

Deferred units granted: 158.560 units Grant valuation price: $291.68 per unit Total deferred units held: 5,439.062 units +1 more

4 metrics

Deferred units granted 158.560 units Deferred common stock units granted on March 31, 2026

Grant valuation price $291.68 per unit Value per deferred common stock unit for this grant

Total deferred units held 5,439.062 units Deferred common stock units held following the transaction

Dividend reinvestment units 19.839 units Units acquired via dividend reinvestment features on March 31, 2026

Key Terms

Deferred Compensation Plan for Non-Employee Directors, deferred common stock units, dividend reinvestment features

3 terms

Deferred Compensation Plan for Non-Employee Directors financial

"pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors"

deferred common stock units financial

"These are deferred common stock units received in lieu of cash compensation"

Deferred common stock units are promises to deliver company shares or cash tied to the company’s stock value at a later date, typically used as part of employee or executive pay. Think of them like a paycheck you elect to receive in company stock at a future date; they can affect the number of shares outstanding and company expenses, so investors watch them for potential dilution and to understand management’s incentives.

dividend reinvestment features financial

"acquired on March 31, 2026 pursuant to the dividend reinvestment features of those plans"

FAQ

What did Travelers (TRV) director Russell G. Golden report on this Form 4?

Russell G. Golden reported receiving 158.560 deferred common stock units in Travelers Companies as compensation. These units are part of the non-employee directors’ deferred compensation plan and will eventually convert into an equal number of common shares upon distribution under the plan’s terms.

How many Travelers (TRV) deferred stock units does Russell G. Golden now hold?

Following the latest grant and dividend reinvestment, Russell G. Golden holds 5,439.062 deferred common stock units tied to Travelers common stock. This total includes prior grants and 19.839 units acquired through dividend reinvestment under the company’s directors’ compensation plans.

What is the value per unit of the Travelers (TRV) deferred stock grant?

The newly reported 158.560 deferred common stock units were valued at $291.68 per share equivalent. This price is used to record the compensation value under Travelers’ Deferred Compensation Plan for Non-Employee Directors, where units track the value of the company’s common stock.

How and when will the Travelers (TRV) deferred stock units be paid to Russell G. Golden?

The deferred common stock units will convert one-for-one into Travelers common shares upon distribution. Distribution timing and form—either a lump sum or annual installments—are elected by the director under the company’s Deferred Compensation Plan for Non-Employee Directors.

What are the dividend reinvestment features mentioned in Russell G. Golden’s Travelers (TRV) filing?

The filing notes that 19.839 deferred common stock units were acquired via dividend reinvestment features in Travelers’ directors’ compensation plans. Instead of cash dividends, additional deferred stock units are credited, increasing the director’s total units tied to Travelers common stock over time.

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Accepted by SEC EDGAR 04/02/2026 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Golden Russell G.

(Last) (First) (Middle)

THE TRAVELERS COMPANIES, INC.

385 WASHINGTON STREET

(Street)

ST. PAUL MINNESOTA 55102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TRAVELERS COMPANIES, INC. [ TRV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		158.56(1)	A	$291.68	5,439.062(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These are deferred common stock units received in lieu of cash compensation pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors. The deferred common stock units will be converted into shares of Company common stock on a one-for-one basis upon distribution. Distribution of shares of common stock occurs, at the election of the director, either in a lump sum or in annual installments pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors.

2. Includes the deferred common stock units granted under one or more of the Company's directors' compensation plans. Also includes 19.839 deferred common stock units acquired on March 31, 2026 pursuant to the dividend reinvestment features of those plans, which will be distributed as described in footnote 1 above.

	/s/Wendy C. Skjerven, by power of attorney	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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* Form 4: SEC 1474 (03-26)