Travelers (NYSE: TRV) exec logs stock award and tax withholding share disposal

Rhea-AI Filing Summary

TRAVELERS COMPANIES, INC. executive Michael Frederick Klein reported mixed equity transactions in company common stock. He acquired 21,498.756 shares on a grant/award basis, representing common stock paid out upon achievement of performance objectives from performance share rights granted in 2023. On the same date, 10,012 shares were disposed of at 298.4600 per share to cover tax liabilities by delivering securities, a tax-withholding disposition rather than an open-market sale. After these transactions, he held 45,124.787 shares directly and 1,881.671 shares indirectly through a 401(k) plan.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Klein Michael Frederick

Role EVP & President, Personal Ins.

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	21,498.756	$0.00	--
Tax Withholding	Common Stock	10,012	$298.46	$2.99M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 55,136.787 shares (Direct); Common Stock — 1,881.671 shares (Indirect, 401(k) Plan)

Footnotes (1)

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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^*

Klein Michael Frederick

(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 & President, Personal Ins.

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)		21,498.756	A	$0	55,136.787	D
Common Stock	02/18/2026		F		10,012	D	$298.46	45,124.787	D
Common Stock								1,881.671	I	401(k) Plan

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 Michael Frederick Klein report for TRV?

Michael Frederick Klein reported a grant of 21,498.756 TRV common shares and a related tax-withholding disposition of 10,012 shares. The grant reflects performance share rights from 2023, while the disposition covered tax obligations by delivering shares instead of using cash.

Were Michael Frederick Klein’s TRV transactions open-market buys or sells?

The transactions were not open-market trades. Klein received 21,498.756 TRV shares as a performance-based award and disposed of 10,012 shares to satisfy tax liabilities. The filing classifies this disposal as a tax-withholding transaction, not a discretionary stock sale in the open market.

How many TRV shares does Michael Frederick Klein hold after these transactions?

After the reported transactions, Klein directly owns 45,124.787 TRV common shares. He also has an indirect holding of 1,881.671 shares through a 401(k) plan. These figures reflect his updated equity position following the award and related tax-withholding disposition.

What is the origin of the 21,498.756 TRV shares awarded to Michael Frederick Klein?

The 21,498.756 TRV shares represent common stock paid out upon achievement of performance objectives. These objectives were tied to performance share rights originally granted in 2023, and the payout indicates those performance conditions were met under the company’s equity incentive structure.

At what price were the 10,012 TRV shares used for tax withholding valued?

The 10,012 TRV shares disposed of for tax withholding were valued at 298.4600 per share. This disposition was categorized as payment of tax liability by delivering securities, aligning with code F, rather than a voluntary sale in the open market.