Klein Michael Frederick 4

What Happened

• Michael Frederick Klein, EVP & President, Personal Insurance at Travelers (TRV), received 21,498.756 shares on 2026-02-18 as an award (acquired at $0.00). On the same date, 10,012 shares were disposed (sold) at $298.46 each to satisfy tax withholding obligations, generating proceeds of $2,988,182. The award represents payout of performance share rights granted in 2023.

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-19 (appears timely).
• Award: 21,498.756 shares granted/acquired at $0.00 (report code A).
• Sale for tax withholding: 10,012 shares disposed at $298.46 each, total $2,988,182 (report code F).
• Footnote: F1 — shares paid out upon achievement of 2023 performance objectives.
• Shares owned after the transaction: not disclosed in this Form 4.

Context

• This filing reflects a compensation payout (performance share award) and routine tax withholding via share disposition. Such sell-to-cover transactions are standard when shares are issued to satisfy tax obligations and do not necessarily indicate a change in insider sentiment.