STOCK TITAN

Travelers (TRV) EVP Bessette exercises options, sells and receives TRV shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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 BESSETTE ANDY F
Role EVP and Chief Admin Officer
Sold 6,000 shs ($1.79M)
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 -- -- --
Holdings After Transaction: Common Stock — 28,105.397 shares (Direct); Stock Options (Right to Buy) — 4,255 shares (Direct); Common Stock — 1,708.799 shares (Indirect, 401(k) Plan)
Footnotes (1)
  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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
BESSETTE ANDY F

(Last) (First) (Middle)
THE TRAVELERS COMPANIES, INC.
385 WASHINGTON STREET

(Street)
ST. PAUL MN 55102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRAVELERS COMPANIES, INC. [ TRV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and Chief Admin Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/17/2026 G 417 D $0 19,874.577 D
Common Stock 02/17/2026 M 6,000 A $189.01 25,874.577 D
Common Stock 02/17/2026 S 4,014 D $297.2475(1) 21,860.577 D
Common Stock 02/17/2026 S 1,443 D $298.2684(2) 20,417.577 D
Common Stock 02/17/2026 S 543 D $299.0284(3) 19,874.577 D
Common Stock 02/18/2026 A(4) 8,230.82 A $0 28,105.397 D
Common Stock 02/18/2026 F 3,821 D $298.46 24,284.397 D
Common Stock 1,708.799 I 401(k) Plan
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
Stock Options (Right to Buy) $189.01 02/17/2026 M 6,000 02/07/2026 02/07/2033 Common Stock 6,000 $0 4,255 D
Explanation of Responses:
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.
2. 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.
3. 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.
4. Represents common stock paid out upon achievement of performance objectives contained in performance share rights granted in 2023.
/s/Wendy C. Skjerven, by power of attorney 02/19/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did TRV executive Andy Bessette report in this Form 4 filing?

Andy F. Bessette reported option exercises, stock grants, open-market sales, a tax-withholding share disposition, a gift, and 401(k) holdings, reflecting routine executive equity activity rather than a single large directional trade in Travelers Companies, Inc. common stock.

How many Travelers (TRV) shares did Andy Bessette sell in the market?

He sold a total of 6,000 Travelers common shares in three open-market transactions. The filing lists weighted average sales prices in ranges between $296.80 and $299.22, with the exact breakdown by price level available upon request as noted in the footnotes.

What stock awards did Andy Bessette receive from Travelers (TRV) in this report?

He received 8,230.82 shares of Travelers common stock on February 18, 2026. The footnotes state these shares were paid out upon achievement of performance objectives tied to performance share rights originally granted in 2023, reflecting long-term incentive compensation.

How many TRV shares did Andy Bessette use to cover taxes in this Form 4?

He disposed of 3,821 Travelers common shares at $298.46 per share to satisfy tax withholding obligations. The transaction is coded “F,” indicating payment of exercise price or tax liability by delivering securities instead of paying cash to the company or tax authorities.

What is Andy Bessette’s direct Travelers (TRV) shareholding after these transactions?

After the reported awards, sales, gift, and tax-withholding disposition, Andy F. Bessette directly holds 24,284.397 shares of Travelers common stock. The Form 4 also shows an additional 1,708.799 shares held indirectly through a 401(k) plan sponsored by the company.

Did Andy Bessette make any gifts of Travelers (TRV) stock in this filing?

Yes. He reported a bona fide gift of 417 shares of Travelers common stock on February 17, 2026. The transaction is coded “G,” indicating a charitable or personal gift transfer rather than a sale for cash or a tax-withholding related disposition.