Frey Daniel S. 4

What Happened
Daniel S. Frey, Chief Financial Officer of The Travelers Companies, Inc. (TRV), was granted 13,026 shares on 2026-02-03. The transaction is reported as a grant/award (code "A") and is recorded at $0.00 per share (derivative award), so no cash purchase or sale occurred.

Key Details

• Transaction date: 2026-02-03; filing date: 2026-02-05 (appears filed within the standard two-business-day window).
• Award: 13,026 shares; price recorded: $0.00 (award/derivative).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes/conditions: none disclosed in the provided data (no 10b5-1 plan, tax-withholding, or sale noted).
• Transaction type: "A" = grant/award (commonly used for RSUs/restricted stock or similar equity awards).

Context
An "A" coded award typically represents compensation equity (e.g., restricted stock or RSUs) that may vest over time rather than an open-market buy or sale. Such grants are routine compensation events for executives and are not direct market purchases or sales, so they should be interpreted differently than insider buys or sells.