Director at Travelers (NYSE: TRV) receives 729 deferred stock units

Rhea-AI Filing Summary

The Travelers Companies, Inc. director Todd C. Schermerhorn reported an automatic award of 729 deferred stock units of common stock on February 3, 2026 at $288.23 per unit. These units were granted under Travelers’ Amended and Restated 2023 Stock Incentive Plan and its Deferred Compensation Plan for Non-Employee Directors.

After this award and prior dividend reinvestments, he beneficially owns 14,265.89 deferred stock units directly. The units convert into shares of Travelers common stock on a one-for-one basis, with payout in a lump sum or installments beginning at least six months after his board service ends.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SCHERMERHORN TODD C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	729	$288.23	$210K

Holdings After Transaction: Common Stock — 14,265.89 shares (Direct)

Footnotes (1)

1. 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. Includes 211.97 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

SCHERMERHORN TODD C

(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)
02/03/2026

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	02/03/2026		A		729(1)	A	$288.23	14,265.89(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. 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.

2. Includes 211.97 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.

	Wendy C. Skjerven, by power of attorney	02/05/2026
	** 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 transaction did Travelers (TRV) disclose for director Todd C. Schermerhorn?

Todd C. Schermerhorn received 729 deferred stock units of Travelers common stock on February 3, 2026 at $288.23 per unit. This award was made under the company’s stock incentive and deferred compensation plans for non-employee directors and is reported as directly owned.

How many Travelers (TRV) shares does director Todd C. Schermerhorn now beneficially own?

Following the reported award, Todd C. Schermerhorn beneficially owns 14,265.89 deferred stock units of Travelers common stock. This total includes units accumulated from prior grants as well as 211.97 units acquired since February 4, 2025 through dividend reinvestment under the deferred compensation plan.

What are deferred stock units in the Travelers (TRV) non-employee director plan?

Deferred stock units are bookkeeping entries that track the right to receive Travelers common shares in the future. Under the non-employee director plan, each deferred unit converts one-for-one into common stock, with distribution after a director’s service ends, either in a lump sum or scheduled annual installments.

When will Todd C. Schermerhorn receive Travelers (TRV) shares from these deferred stock units?

The deferred stock units convert into Travelers common shares upon distribution after his board service ends. Distribution occurs, at his election, either in a lump sum or in annual installments beginning at least six months after termination of service, as provided in the Deferred Compensation Plan for Non-Employee Directors.

How were additional deferred stock units accumulated for the Travelers (TRV) director?

The filing notes that 211.97 deferred stock units were added since February 4, 2025 via dividend reinvestment. Under the Deferred Compensation Plan for Non-Employee Directors, cash dividends that would be paid on underlying shares are reinvested into additional deferred stock units credited to the director’s account.