Travelers (NYSE: TRV) CEO awarded shares as tax-withholding reported

Rhea-AI Filing Summary

TRAVELERS COMPANIES, INC. Chairman and CEO Alan D. Schnitzer reported equity compensation activity in company common stock. He acquired 95,739.098 shares as a payout upon achievement of performance objectives from performance share rights granted in 2023, at a stated price of $0.0000 per share.

On the same date, 52,944 shares were disposed of at $298.4600 per share in a tax-withholding disposition to satisfy exercise price or tax liability, leaving him with 303,124.499 shares held directly. An additional 11,091 shares are held indirectly by his spouse, and he disclaims beneficial ownership of those securities.

Insider Trade Summary

Net Buyer: 42,795.098 shares

Net Buy 3 txns

Insider Schnitzer Alan D

Role Chairman and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	95,739.098	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	52,944	$298.46	$15.80M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 303,124.499 shares (Direct); Common Stock — 11,091 shares (Indirect, By Spouse)

Footnotes (2)

1. F1. Represents common stock paid out upon achievement of performance objectives contained in performance share rights granted in 2023.
2. F2. The Reporting Person disclaims beneficial ownership of these securities.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/19/2026 - 04:16 PM Learn about SEC filing dates

FAQ

What did TRV CEO Alan Schnitzer report in this Form 4 filing?

Alan Schnitzer reported an acquisition of 95,739.098 shares of Travelers common stock from performance share rights, along with a 52,944-share tax-withholding disposition. These transactions reflect equity compensation and related tax settlement rather than an open-market buy or sell.

How many Travelers (TRV) shares does Alan Schnitzer now hold directly?

After the reported transactions, Alan Schnitzer directly holds 303,124.499 shares of Travelers common stock. This figure reflects both the equity award paid out from 2023 performance share rights and the shares withheld to cover tax or exercise-related obligations.

What is the nature of the 95,739.098 TRV shares Alan Schnitzer acquired?

The 95,739.098 shares represent common stock paid out upon achievement of performance objectives under performance share rights granted in 2023. This reflects a compensation award tied to previously established performance criteria rather than an open-market purchase.

Were any Travelers (TRV) shares sold on the open market in this Form 4?

The filing shows a 52,944-share disposition at $298.4600 per share classified as tax withholding to satisfy exercise price or tax liabilities. This code typically indicates shares delivered for obligations, not discretionary open-market selling activity.

How many Travelers (TRV) shares are held indirectly related to Alan Schnitzer?

The filing lists 11,091 shares of Travelers common stock held indirectly “By Spouse.” Alan Schnitzer explicitly disclaims beneficial ownership of these securities, meaning they are attributed to his spouse rather than to him for ownership purposes.

Does this TRV Form 4 indicate a net buy or sell position for Alan Schnitzer?

The transactions combine a grant/award acquisition of 95,739.098 shares with a tax-withholding disposition of 52,944 shares, resulting in mixed activity. Overall, his directly held stake increased, reflecting compensation rather than a traditional buy or sell decision.

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^*

Schnitzer Alan D

(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
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

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)		95,739.098	A	$0	356,068.499	D
Common Stock	02/18/2026		F		52,944	D	$298.46	303,124.499	D
Common Stock								11,091	I	By Spouse(2)

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. The Reporting Person disclaims beneficial ownership of these securities.

	/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.