OTIS CLARENCE JR 4

What Happened

• Otis Clarence Jr, a director of Travelers Companies, Inc. (TRV), was granted 729 deferred stock units on February 3, 2026. The units are reported at $288.23 per share for a total reported value of $210,120. This transaction is an award (A) — a form of director compensation — not an open‑market purchase or sale.

Key Details

• Transaction date and type: 2026-02-03 — Grant/award of deferred stock units (Code A).
• Price and value: 729 units at $288.23 each; total reported value $210,120 (per filing).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes:
  • F1: These are deferred stock units under the 2023 Stock Incentive Plan and the Deferred Compensation Plan for Non‑Employee Directors; units convert one‑for‑one into common shares upon distribution. Directors can elect lump sum or annual installment distributions beginning at least six months after they leave the board.
  • F2: Filing notes inclusion of 258.322 deferred stock units acquired since Feb 4, 2025 via the plan’s dividend reinvestment feature.
• Filing timeliness: Report filed on 2026-02-05 for a 2026-02-03 transaction — appears filed within the typical two‑business‑day Form 4 window.

Context

• Deferred stock units are a compensation mechanism for non‑employee directors and convert to actual shares only upon distribution per the director deferred compensation plan. Such awards reflect routine board compensation and are not the same as an investment purchase signaling a change in the director’s market view.