Travelers (NYSE: TRV) HR chief receives 6,046-share award, 3,087 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRAVELERS COMPANIES, INC. executive Diane Kurtzman, EVP & Chief HR Officer, reported two common stock transactions. She acquired 6,046.660 shares at a price of $0.0000, representing common stock paid out upon achievement of performance objectives from performance share rights granted in 2023.
On the same date, 3,087.000 shares were disposed of in a tax-withholding transaction at $298.4600 per share to cover tax obligations by delivering shares. After these transactions, her directly held common stock position was 6,778.209 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kurtzman Diane
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,046.66 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,087 | $298.46 | $921K |
Holdings After Transaction:
Common Stock — 9,865.209 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did TRV executive Diane Kurtzman report on this Form 4?
Diane Kurtzman reported one stock acquisition and one stock disposition. She received 6,046.660 common shares at $0.0000 and had 3,087.000 shares withheld at $298.4600 per share for taxes, both involving Travelers Companies common stock.
Was the TRV Form 4 transaction by Diane Kurtzman an open-market stock sale?
No, the Form 4 does not show an open-market sale. The disposition of 3,087.000 shares at $298.4600 per share is coded as a tax-withholding transaction, used to satisfy tax liabilities by delivering shares rather than selling them on the open market.
What do the transaction codes A and F mean in the TRV Form 4 for Diane Kurtzman?
Code A indicates a grant, award, or other acquisition of shares, here 6,046.660 shares. Code F indicates shares disposed of to pay an exercise price or tax liability, here 3,087.000 shares used to satisfy tax obligations related to the performance-based stock payout.