Williams David Scott 4

What Happened David S. Williams, a non-employee director of Travelers Companies, Inc. (TRV), received an award of 729 deferred stock units on February 3, 2026. The units were valued at $288.23 each for a total grant value of $210,120. This filing reports an acquisition by award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-03; Price per unit: $288.23; Units awarded: 729; Total value: $210,120.
• Nature of award: deferred stock units (will convert one-for-one into company common stock upon distribution) — see footnote F1.
• Footnote F1: Units awarded under the 2023 Stock Incentive Plan and the Deferred Compensation Plan for Non-Employee Directors; distributions convert 1:1 to shares and are paid per the director's election (lump sum or annual installments, starting at least six months after termination).
• Footnote F2: The award calculation includes 27.39 deferred stock units acquired via dividend reinvestment since Feb 4, 2025.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Filing timeliness: Reported on 2026-02-05 for a 2026-02-03 transaction — filed promptly (not marked late).

Context This was an award of deferred stock units to a non-employee director, which is a routine form of compensation and not an immediate cash purchase or sale. The units convert to common stock upon distribution according to the director’s elected schedule, so this does not necessarily indicate an immediate bullish or bearish trading action.