STOCK TITAN

Travelers (NYSE: TRV) HR chief receives 6,046-share award, 3,087 withheld for tax

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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

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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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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*
Kurtzman Diane

(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 HR 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) 6,046.66 A $0 9,865.209 D
Common Stock 02/18/2026 F 3,087 D $298.46 6,778.209 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.
/s/Wendy C. Skjerven, by power of attorney 02/19/2026
** 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.

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.

How many TRV shares did Diane Kurtzman acquire in this Form 4 filing?

She acquired 6,046.660 shares of Travelers common stock. These shares were paid out upon achievement of performance objectives tied to performance share rights originally granted in 2023, according to the footnote explanation in the Form 4 insider transaction disclosure.

What is Diane Kurtzman’s TRV share ownership after these Form 4 transactions?

After the reported transactions, Diane Kurtzman directly holds 6,778.209 shares of Travelers common stock. This figure reflects both the performance-based stock award received and the shares withheld to cover tax obligations on the award, as detailed in the Form 4.

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.