Travelers (NYSE: TRV) director gets deferred stock unit grant
Rhea-AI Filing Summary
TRAVELERS COMPANIES, INC. director Elizabeth Robinson received a grant of 149.99 deferred common stock units at $291.68 per unit under the company’s non-employee director compensation plans. These deferred units are issued in lieu of cash compensation and will convert into shares of common stock on a one-for-one basis when distributed.
After this grant, Robinson holds a total of 12,382.571 deferred common stock units, including 45.955 units acquired on March 31, 2026 through dividend reinvestment features. Distribution of the underlying shares will occur at her election, either in a lump sum or in annual installments.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 149.99 shares
Net Buy
1 txn
Insider
Robinson Elizabeth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 149.99 | $291.68 | $44K |
Holdings After Transaction:
Common Stock — 12,382.571 shares (Direct)
Footnotes (2)
- 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.
- F2. Includes the deferred common stock units granted under one or more of the Company's directors' compensation plans. Also includes 45.955 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: 149.99 units
Grant price per unit: $291.68 per unit
Total deferred units held: 12,382.571 units
+1 more
4 metrics
Deferred units granted
149.99 units
Grant in lieu of cash compensation
Grant price per unit
$291.68 per unit
Value of deferred common stock units
Total deferred units held
12,382.571 units
Holdings following reported transaction
Dividend reinvestment units
45.955 units
Units acquired via dividend reinvestment 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
"pursuant to the dividend reinvestment features of those plans"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TRV director Elizabeth Robinson report in this Form 4?
Elizabeth Robinson reported receiving 149.99 deferred common stock units of Travelers in lieu of cash compensation. These units were valued at $291.68 per unit and increase her total deferred common stock unit holdings under the company’s director compensation plans.
How many deferred common stock units does Elizabeth Robinson hold at Travelers (TRV)?
Following the reported grant, Elizabeth Robinson holds 12,382.571 deferred common stock units of Travelers. This total includes units granted under directors’ compensation plans and those acquired through dividend reinvestment features on the company’s deferred compensation arrangements.
How will Elizabeth Robinson’s deferred common stock units at TRV be settled?
The deferred common stock units will be converted into Travelers common shares on a one-for-one basis upon distribution. Distribution occurs, at Robinson’s election, either in a single lump-sum payment or in annual installments under the Deferred Compensation Plan for Non-Employee Directors.
What role do dividend reinvestment features play in TRV director deferred units?
Dividend reinvestment features added 45.955 deferred common stock units to Elizabeth Robinson’s holdings on March 31, 2026. These additional units will be distributed as Travelers common stock under the same terms as her other deferred units in the directors’ compensation plans.
Is Elizabeth Robinson’s TRV Form 4 transaction a market purchase or sale?
No, the transaction reflects a grant of deferred common stock units in lieu of cash compensation, coded as a grant or award. It is not an open-market purchase or sale but part of Travelers’ compensation structure for non-employee directors.