Travelers director awarded 729 deferred stock units

The Travelers Companies, Inc. director David Scott Williams reported an automatic award of deferred stock units.

Rhea-AI Filing Summary

The Travelers Companies, Inc. director David Scott Williams reported an automatic award of deferred stock units. On 02/03/2026, he received 729 deferred stock units of Travelers common stock at $288.23 per unit under the company’s Amended and Restated 2023 Stock Incentive Plan and Deferred Compensation Plan for Non-Employee Directors.

These deferred stock units convert into an equal number of common shares when distributed, which occurs in a lump sum or annual installments beginning at least six months after his board service ends. Following this grant, Williams beneficially owns 2,478.196 deferred stock units directly, including 27.39 units accumulated through dividend reinvestment since February 4, 2025.

Insider Trade Summary

Grant/Award: 729 shares

Grant/Award 1 txn

Insider Williams David Scott

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	729	$288.23	$210K

Holdings After Transaction: Common Stock — 2,478.196 shares (Direct)

Footnotes (2)

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.
2. F2. Includes 27.39 shares of deferred stock units acquired since February 4, 2025 pursuant to the dividend reinvestment feature of the Company's Deferred Compensation Plan for Non-Employee Directors.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Travelers (TRV) disclose for director David Scott Williams?

Travelers reported that director David Scott Williams received 729 deferred stock units. The award occurred on February 3, 2026 at a reference price of $288.23 per unit, increasing his directly held deferred stock units to 2,478.196 in total.

How many Travelers (TRV) shares does David Scott Williams beneficially own after this Form 4?

After the reported award, David Scott Williams beneficially owns 2,478.196 deferred stock units. These units represent the right to receive the same number of Travelers common shares in the future, subject to distribution rules under the company’s non-employee director deferred compensation plan.

What type of equity award did Travelers (TRV) grant to director David Scott Williams?

Williams received deferred stock units under Travelers’ stock and deferred compensation plans for non-employee directors. Each deferred stock unit converts one-for-one into Travelers common stock upon distribution, rather than being immediately settled in shares at the grant date.

When will David Scott Williams receive Travelers (TRV) shares for his deferred stock units?

The deferred stock units convert into Travelers common shares upon distribution after his board service ends. Distribution occurs in a lump sum or annual installments, beginning at least six months following termination of his service as a director, consistent with the company’s deferred compensation plan.

How were additional Travelers (TRV) deferred stock units accumulated by David Scott Williams?

His holdings include 27.39 deferred stock units from dividend reinvestment. Since February 4, 2025, these units were acquired through the dividend reinvestment feature of Travelers’ Deferred Compensation Plan for Non-Employee Directors, increasing his total deferred stock position over time.

Is the Travelers (TRV) Form 4 transaction a purchase or an award for David Scott Williams?

The Form 4 shows an award (code “A”) of 729 deferred stock units, not an open-market purchase. The units were granted under Travelers’ Amended and Restated 2023 Stock Incentive Plan and the Deferred Compensation Plan for Non-Employee Directors.

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Accepted by SEC EDGAR 02/05/2026 - 04:13 PM Learn about SEC filing dates

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^*

Williams David Scott

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		A		729(1)	A	$288.23	2,478.196(2)	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. 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.

2. Includes 27.39 shares of deferred stock units acquired since February 4, 2025 pursuant to the dividend reinvestment feature of the Company's Deferred Compensation Plan for Non-Employee Directors.

	/s/Wendy C. Skjerven, by power of attorney	02/05/2026
	** 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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