Kess Avrohom J. 4
Research Summary
AI-generated summary
Travelers (TRV) Vice Chair & Chief Legal Officer Avrohom Kess Receives Award
What Happened
- Avrohom J. Kess, Vice Chairman and Chief Legal Officer of Travelers Companies, Inc. (TRV), was granted 14,691 shares in a reported award/acquisition on February 3, 2026. The Form 4 lists the acquisition as a derivative award (transaction code A) with an acquisition price of $0.00, which is typical for compensation awards (e.g., restricted stock or RSUs) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (filed timely).
- Shares acquired: 14,691; acquisition price shown: $0.00 (award/grant).
- Shares owned after transaction: Not disclosed in the supplied filing details.
- Transaction type/code: A (award, grant or other acquisition of derivative securities).
- No footnotes, 10b5-1 plan, tax-withholding sale, or late-filing flag were provided in the supplied data.
Context
- This was a compensation award rather than an open-market buy or sale. Awards often vest over time and are part of executive pay programs; they do not necessarily indicate the insider’s near-term trading intent. To estimate the grant’s market value, multiply the number of shares by TRV’s market price on the grant date.