Kess Avrohom J. 4

What Happened
Avrohom J. Kess, Vice Chairman & Chief Legal Officer of Travelers Companies, Inc. (TRV), reported a gift (Form 4 code G) disposing of 2,125 TRV shares on April 20, 2026. The transaction is reported with a $0.00 per-share price and $0 total proceeds (gifts are recorded as dispositions but do not generate sale proceeds).

Key Details

• Transaction date: 2026-04-20; Report filed: 2026-04-21 (filed one day after the transaction, timely under Form 4 rules).
• Transaction type/code: Gift (G) — disposition of 2,125 shares at $0.00 per share.
• Reported dollar value: $0 (as expected for a gift).
• Shares owned following the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, or other footnotes listed in the provided data.

Context

• Gifts are transfers (to family members, trusts, or charities) and do not necessarily reflect the insider’s view of the company’s prospects. They are treated as dispositions for reporting purposes but do not indicate a market sale.
• For retail investors, purchases typically carry more direct informational weight than gifts or routine dispositions.