Munson Paul E. 4

What Happened
Paul Munson, Senior Vice President and Corporate Controller of Travelers Companies, Inc. (TRV), was granted 1,165 shares on February 3, 2026. The Form 4 lists the transaction as an Award/Grant (code A) with an acquisition price of $0.00 (derivative award), so no cash was paid for these shares in the reported transaction.

Key Details

• Transaction date: 2026-02-03; transaction code: A (award/grant)
• Shares acquired: 1,165; reported price: $0.00 (award/derivative)
• Filing date: 2026-02-05 (filed two days after the transaction) — appears timely
• Shares owned after the transaction: not disclosed in the provided filing excerpt
• No footnotes or 10b5-1/tax-withholding details provided in the excerpt

Context
This was not a market purchase or sale but an award-type acquisition, commonly part of executive compensation. Such awards are often subject to vesting or other restrictions (not specified here) and do not by themselves indicate a buy/sell signal from the insider.