Travelers Companies (NYSE: TRV) director adds deferred stock units

Rhea-AI Filing Summary

The Travelers Companies, Inc. director reported receiving additional deferred common stock units instead of cash fees. On 12/31/2025, the director acquired 150.83 deferred common stock units at a reference price of $290.06 per share, bringing the total directly owned deferred units to 11,457.626.

These deferred common stock units are granted under the company’s Deferred Compensation Plan for Non-Employee Directors and related director compensation plans. Each unit will convert on a one-for-one basis into a share of Travelers common stock when distributions are made. The director can elect to receive distributions in a lump sum or in annual installments, and the total includes 42.719 units added on December 31, 2025 through dividend reinvestment features.

Insider Trade Summary

Net Buyer: 150.83 shares

Net Buy 1 txn

Insider Robinson Elizabeth

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	150.83	$290.06	$44K

Holdings After Transaction: Common Stock — 11,457.626 shares (Direct)

Footnotes (2)

1. 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.
2. F2. Includes the deferred common stock units granted under one or more of the Company's directors' compensation plans. Also includes 42.719 deferred common stock units acquired on December 31, 2025 pursuant to the dividend reinvestment features of those plans, which will be distributed as described in footnote 1 above.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/02/2026 - 04:23 PM Learn about SEC filing dates

FAQ

What insider transaction did Travelers (TRV) disclose in this Form 4?

A director of The Travelers Companies, Inc. reported acquiring 150.83 deferred common stock units on 12/31/2025 under a director deferred compensation arrangement.

How many Travelers (TRV) deferred common stock units does the director now hold?

After the reported transaction, the director beneficially owns 11,457.626 deferred common stock units, held as a direct interest.

What are deferred common stock units at Travelers (TRV)?

The deferred common stock units are credited instead of cash compensation under Travelers’ Deferred Compensation Plan for Non-Employee Directors and related plans, and each unit converts into one share of Travelers common stock upon distribution.

How and when are Travelers (TRV) deferred stock units distributed to the director?

Upon distribution, the deferred units convert one-for-one into shares of Travelers common stock. The director may elect to receive the shares either in a lump sum or in annual installments, as provided under the company’s Deferred Compensation Plan for Non-Employee Directors.

Did dividend reinvestment affect the director’s Travelers (TRV) holdings?

Yes. The total includes 42.719 deferred common stock units acquired on December 31, 2025 through the dividend reinvestment features of the applicable directors’ compensation plans.

Is the Travelers (TRV) transaction related to a Rule 10b5-1 trading plan?

The form includes a checkbox for transactions made under a Rule 10b5-1 plan. The excerpt does not indicate that this deferred compensation transaction was made pursuant to such a plan, and it is reported as routine director compensation.

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^*

Robinson Elizabeth

(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)
12/31/2025

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	12/31/2025		A		150.83(1)	A	$290.06	11,457.626(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. 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.

2. Includes the deferred common stock units granted under one or more of the Company's directors' compensation plans. Also includes 42.719 deferred common stock units acquired on December 31, 2025 pursuant to the dividend reinvestment features of those plans, which will be distributed as described in footnote 1 above.

	/s/Wendy C. Skjerven, by power of attorney	01/02/2026
	** 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.