Director Otis Clarence Jr gets 729 deferred stock units at Travelers (NYSE: TRV)
Rhea-AI Filing Summary
The Travelers Companies, Inc. director Otis Clarence Jr received an award of 729 deferred stock units of common stock on February 3, 2026, valued at $288.23 per unit. After this grant, he beneficially owns 17,226.06 deferred stock units directly.
This total includes 258.322 deferred stock units accumulated since February 4, 2025 through the dividend reinvestment feature of Travelers’ Deferred Compensation Plan for Non-Employee Directors. The deferred stock units are scheduled to convert one-for-one into common shares upon distribution after the director’s board service ends.
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Insider Trade Summary
Net Buyer: 729 shares
Net Buy
1 txn
Insider
OTIS CLARENCE JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 729 | $288.23 | $210K |
Holdings After Transaction:
Common Stock — 17,226.06 shares (Direct)
Footnotes (2)
- 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.
- F2. Includes 258.322 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.
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FAQ
What insider transaction did TRV director Otis Clarence Jr report?
Director Otis Clarence Jr reported receiving 729 deferred stock units of Travelers common stock on February 3, 2026. These units are part of his non-employee director compensation and will later convert one-for-one into common shares when distributed after his board service ends.
At what price were the Travelers deferred stock units awarded to the director?
The 729 deferred stock units were valued at $288.23 per unit on the February 3, 2026 grant date. This price is used to report the transaction’s value, reflecting the underlying Travelers common stock on the award date for disclosure purposes.
What are deferred stock units in the Travelers non-employee director plan?
Deferred stock units are bookkeeping entries that track the value of Travelers common stock for director compensation. They later convert into actual shares on a one-for-one basis, with distribution in a lump sum or installments after the director’s service ends, based on the director’s prior election.
How did dividend reinvestment affect the director’s Travelers holdings?
The director’s total includes 258.322 deferred stock units acquired since February 4, 2025 through dividend reinvestment. Under Travelers’ Deferred Compensation Plan for Non-Employee Directors, cash dividends on deferred amounts are automatically reinvested into additional units, gradually increasing the director’s deferred stock balance over time.
When will the Travelers deferred stock units be converted and paid out?
The deferred stock units convert into Travelers common shares upon distribution after the director leaves the board. Distribution occurs either in a single lump sum or annual installments, beginning at least six months following service termination, according to the director’s election under the deferred compensation plan.