Travelers (NYSE: TRV) SVP reports stock grant and tax withholding move

Rhea-AI Filing Summary

Travelers Companies, Inc. senior vice president and corporate controller Paul E. Munson reported performance-based equity activity in company common stock. He acquired 1,341.824 shares at no cost through a grant tied to 2023 performance share rights, and 414 shares were disposed of to cover tax obligations at a price of $298.46 per share. After these Form 4 transactions, his directly held common stock position totaled 1,662.338 shares.

Insider Trade Summary

Net Buyer: 927.824 shares

Net Buy 2 txns

Insider Munson Paul E.

Role SVP & Corp. Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,341.824	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	414	$298.46	$124K

Holdings After Transaction: Common Stock — 1,662.338 shares (Direct)

Footnotes (1)

1. F1. Represents common stock paid out upon achievement of performance objectives contained in performance share rights granted in 2023.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/19/2026 - 04:10 PM Learn about SEC filing dates

FAQ

What insider transactions did TRAVELERS COMPANIES (TRV) report for Paul E. Munson?

The filing shows Paul E. Munson received a grant of 1,341.824 TRV common shares linked to 2023 performance share rights and had 414 shares withheld to satisfy taxes, leaving him with 1,662.338 directly owned shares afterward.

Was the TRV insider transaction a purchase or a stock grant for Paul E. Munson?

The transaction was a stock grant, not an open-market purchase. Munson received 1,341.824 TRV common shares at no cost upon achievement of 2023 performance objectives embedded in performance share rights, as described in the accompanying footnote.

Why were 414 shares of TRAVELERS COMPANIES (TRV) stock disposed of in this Form 4?

The 414 TRV shares were disposed of to pay tax obligations. The Form 4 labels this as a tax-withholding disposition at $298.46 per share, reflecting shares delivered to satisfy tax liability tied to the equity award.

How many TRV shares does Paul E. Munson own after these Form 4 transactions?

After the reported transactions, Paul E. Munson directly owns 1,662.338 TRV common shares. This figure reflects the net result of the performance-based share grant and the 414-share tax-withholding disposition on the same transaction date.

What performance period is linked to the TRV shares granted to Paul E. Munson?

The granted shares relate to 2023 performance. A footnote states the common stock was paid out upon achievement of performance objectives contained in performance share rights that were originally granted in 2023 by TRAVELERS COMPANIES, INC.

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^*

Munson Paul E.

(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)
	SVP & Corp. Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A(1)		1,341.824	A	$0	2,076.338	D
Common Stock	02/18/2026		F		414	D	$298.46	1,662.338	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. 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.
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