Travelers (NYSE: TRV) grants director Jabbour 446 deferred units
Rhea-AI Filing Summary
TRAVELERS COMPANIES, INC. (TRV) reported that director Anthony M. Jabbour received an award of 446 deferred stock units of common stock on August 14, 2026. The units, valued at $370.36 per share, were granted under the company’s Amended and Restated 2023 Stock Incentive Plan and its Deferred Compensation Plan for Non-Employee Directors. These deferred stock units convert into an equal number of common shares upon distribution, which occurs in a lump sum or annual installments beginning at least six months after the end of his board service. Following this award, Jabbour directly holds 446 units and indirectly holds 114 shares in trust.
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Insider Trade Summary
Net Buyer: 446 shares
Net Buy
2 txns
Insider
Jabbour Anthony M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 446 | $370.36 | $165K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 446 shares (Direct);
Common Stock — 114 shares (Indirect, In Trust)
Footnotes (1)
- F1. Consists of deferred stock units awarded pursuant to the Company's Amended and Restated 2023 Stock Incentive Plan and the Deferred Compensation Plan for Non-Employee Directors. The deferred 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 beginning at least six months following termination of his or her service as a director pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors.
Key Figures
Deferred stock units granted: 446 shares
Grant value per unit: $370.36 per share
Direct holdings after award: 446 shares
+2 more
5 metrics
Deferred stock units granted
446 shares
Award of deferred stock units on August 14, 2026
Grant value per unit
$370.36 per share
Reference value for deferred stock unit award
Direct holdings after award
446 shares
Total direct deferred stock units held after the reported transaction
Indirect holdings in trust
114 shares
Common stock held indirectly in trust after the reported transaction
Conversion ratio
1 unit : 1 share
Deferred stock units convert into common shares on a one-for-one basis upon distribution
Key Terms
deferred stock units, Amended and Restated 2023 Stock Incentive Plan, Deferred Compensation Plan for Non-Employee Directors
3 terms
deferred stock units financial
"Consists of deferred stock units awarded pursuant to the Company's Amended"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Amended and Restated 2023 Stock Incentive Plan financial
"awarded pursuant to the Company's Amended and Restated 2023 Stock Incentive"
Deferred Compensation Plan for Non-Employee Directors financial
"and the Deferred Compensation Plan for Non-Employee Directors. The deferred"
FAQ
What insider transaction did TRV disclose for director Anthony M. Jabbour?
TRV disclosed that director Anthony M. Jabbour received 446 deferred stock units of common stock on August 14, 2026 as a stock-based compensation award under company plans.
At what value were the 446 deferred stock units granted to the TRV director?
The 446 deferred stock units granted to the TRV director were valued at $370.36 per share. This price reflects the reference value used for the award under the company’s stock incentive and deferred compensation plans.
How and when will Anthony M. Jabbour’s deferred stock units in TRV be paid out?
The deferred stock units will convert into one TRV common share per unit upon distribution. Distribution occurs in a lump sum or annual installments beginning at least six months after his service as a director ends, at his election.
What are Anthony M. Jabbour’s reported holdings in TRV after this Form 4?
After this Form 4, Anthony M. Jabbour directly holds 446 deferred stock units and indirectly holds 114 shares of TRV common stock in trust, as reported in the ownership table.
Under which plans were the TRV deferred stock units granted to the director?
The deferred stock units were granted under TRV’s Amended and Restated 2023 Stock Incentive Plan and the Deferred Compensation Plan for Non-Employee Directors, which govern awards and the timing and form of share distributions.
AI-generated analysis. How Rhea-AI works. Not financial advice.