Santana Rafael 4
4 · TRAVELERS COMPANIES, INC. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Travelers (TRV) Director Rafael Santana Receives 729-Share Award
What Happened
Rafael Santana, a director of Travelers Companies, Inc. (TRV), was awarded 729 deferred stock units on 2026-02-03 at an acquisition value of $288.23 per share, totaling approximately $210,120. This transaction is reported as an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-03; Filed with SEC: 2026-02-05 (timely, within standard 2-business-day reporting window).
- Award: 729 deferred stock units at $288.23 per unit; total value ≈ $210,120.
- Shares owned after transaction: not disclosed in the provided filing summary.
- Footnote F1: These are deferred stock units under the company’s 2023 Stock Incentive Plan and Deferred Compensation Plan for Non-Employee Directors; convert 1-for-1 to common shares upon distribution, which the director can elect to receive as a lump sum or annual installments (distribution begins at least six months after termination of director service).
- Footnote F2: The reported holdings include 60.964 deferred stock units acquired since Feb 4, 2025 via dividend reinvestment in the Deferred Compensation Plan for Non-Employee Directors.
Context
Deferred stock unit awards are a form of compensation and will convert to actual common shares when distributed per the plan rules; they are not an immediate cash purchase or sale and do not necessarily signal the director’s near-term trading intent. This report documents the grant rather than a sale or exercise.
Insider Transaction Report
Form 4
Santana Rafael
Director
Transactions
- Award
Common Stock
[F1][F2]2026-02-03$288.23/sh+729$210,120→ 4,622.338 total
Footnotes (2)
- [F1]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.
- [F2]Includes 60.964 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.
Signature
/s/Wendy C. Skjerven, by power of attorney|2026-02-05