Travelers Director Receives Deferred Stock Units in Lieu of Cash Compensation

Executive Summary

On October 1, 2026, Anthony M. Jabbour, a member of the Board of Directors of The Travelers Companies, Inc. (NYSE: TRV), reported the acquisition of 65.17 deferred common stock units on September 30, 2026. The units were acquired at a price of $356.51 per share, representing a total transaction value of approximately $23,233.76.

Transaction Details

• Nature of Acquisition: The transaction represents deferred common stock units received in lieu of cash compensation under Travelers' Deferred Compensation Plan for Non-Employee Directors. Each deferred stock unit is convertible into one share of common stock upon distribution (payable either as a lump sum or in installments upon departure or selected distribution dates).
• Share Count & Value: 65.17 shares at $356.51 per share ($23,233.76).
• Post-Transaction Holdings: Direct holdings increased to 512.734 deferred stock units/shares (which includes 1.564 deferred common stock units acquired via dividend reinvestment). In addition, Jabbour holds 114 shares indirectly in trust.

Market & Significance Assessment

• Trading Significance: Low.
• Context: This is a routine quarterly equity compensation event typical for non-employee directors electing to receive equity units rather than cash retainers. Because this transaction is governed by pre-established director compensation elections rather than discretionary open-market buying, it conveys limited informational signal regarding near-term stock performance.