Travelers (TRV) EVP Bessette exercises options, sells and receives TRV shares
Rhea-AI Filing Summary
TRAVELERS COMPANIES, INC. executive Andy F. Bessette, EVP and Chief Admin Officer, reported a mix of equity awards, option exercises, sales, and other dispositions in company stock. On February 17, 2026, he exercised stock options covering 6,000 shares, which were converted into common stock, and then sold a total of 6,000 common shares in multiple open-market transactions at weighted average prices ranging from about $296.80 to $299.22, according to the footnotes. He also made a bona fide gift of 417 common shares and reported an indirect holding of 1,708.799 shares in a 401(k) plan. On February 18, 2026, he received a grant of 8,230.82 common shares upon achievement of performance objectives from 2023 performance share rights and used 3,821 shares to cover taxes, leaving 24,284.397 common shares held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,230.82 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,821 | $298.46 | $1.14M |
| Exercise | Stock Options (Right to Buy) | 6,000 | $0.00 | -- |
| Gift | Common Stock | 417 | $0.00 | -- |
| Exercise | Common Stock | 6,000 | $189.01 | $1.13M |
| Sale | Common Stock | 4,014 | $297.2475 | $1.19M |
| Sale | Common Stock | 1,443 | $298.2684 | $430K |
| Sale | Common Stock | 543 | $299.0284 | $162K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the weighted average sales price for price increments ranging from $296.80 to $297.72. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Represents the weighted average sales price for price increments ranging from $297.835 to $298.725. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Represents the weighted average sales price for price increments ranging from $298.835 to $299.22. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Represents common stock paid out upon achievement of performance objectives contained in performance share rights granted in 2023.