Travelers (TRV) EVP Lefebvre granted 12,008 shares then sells 5,826

Rhea-AI Filing Summary

Travelers Companies EVP & Chief Tech & Ops Officer Mojgan M. Lefebvre reported a mix of equity award, tax withholding, and stock sale transactions in company common stock. On February 18, 2026, she acquired 12,008.654 shares through a grant/award tied to performance share rights granted in 2023, and on the same date disposed of 6,182.000 shares to cover tax obligations at $298.4600 per share, leaving 5,826.654 shares directly owned.

On February 19, 2026, she completed an open‑market sale of 5,826.654 shares of common stock at a weighted average price of $298.2527 per share, with actual prices ranging from $298.25 to $298.32, resulting in 0 shares of common stock held directly after the sale.

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

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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^*

Lefebvre Mojgan M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Tech & Ops Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A(1)		12,008.654	A	$0	12,008.654	D
Common Stock	02/18/2026		F		6,182	D	$298.46	5,826.654	D
Common Stock	02/19/2026		S		5,826.654	D	$298.2527(2)	0	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. Represents common stock paid out upon achievement of performance objectives contained in performance share rights granted in 2023.

2. Represents the weighted average sales price for price increments ranging from $298.25 to $298.32. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

	/s/ Wendy C. Skjerven, by power of attorney	02/20/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did TRV executive Mojgan M. Lefebvre report?

Mojgan M. Lefebvre reported a grant of 12,008.654 Travelers common shares, a tax-withholding disposition of 6,182.000 shares, and an open-market sale of 5,826.654 shares. These transactions reflect equity compensation payout, related tax coverage, and a subsequent sale.

How many Travelers (TRV) shares did the EVP sell in the open market?

She sold 5,826.654 shares of Travelers common stock in an open-market transaction. The weighted average sale price was $298.2527 per share, with individual sale prices ranging from $298.25 to $298.32, as disclosed in the filing footnote.

What equity award did the TRV executive receive before selling shares?

She received 12,008.654 shares of Travelers common stock as a grant or award. A footnote explains this represents common stock paid out upon achievement of performance objectives from performance share rights originally granted in 2023 under the company’s compensation program.

Why were 6,182 Travelers (TRV) shares disposed of on February 18, 2026?

The 6,182.000 shares were disposed of to satisfy tax liabilities related to the equity award. The filing describes this as a tax-withholding disposition, with shares delivered at $298.4600 per share instead of paying cash for the associated tax obligation.

What was the executive’s direct TRV share ownership after these transactions?

After the sequence of transactions, her direct ownership of Travelers common stock was reported as 0 shares. Following the equity award and tax-withholding disposition, she held 5,826.654 shares, which were then fully sold in the subsequent open-market transaction.

How is the Travelers (TRV) sale price range for the executive’s transaction disclosed?

The filing discloses a weighted average sale price of $298.2527 per share. A footnote clarifies that individual sale prices ranged between $298.25 and $298.32, and detailed breakdowns are available upon request to the company, the SEC staff, or security holders.