Travelers (NYSE: TRV) director adds 158 deferred stock units as pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Travelers Companies director Russell G. Golden received 158.560 deferred common stock units as compensation. The units were valued at $291.68 per share equivalent and are part of the Company’s Deferred Compensation Plan for Non-Employee Directors.
After this grant and related dividend reinvestment, Golden holds a total of 5,439.062 deferred common stock units, including 19.839 units acquired through the plans’ dividend reinvestment features. These units will convert into an equal number of Travelers common shares upon distribution, which can occur in a lump sum or annual installments at the director’s election.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Golden Russell G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 158.56 | $291.68 | $46K |
Holdings After Transaction:
Common Stock — 5,439.062 shares (Direct)
Footnotes (1)
- These are deferred common stock units received in lieu of cash compensation pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors. The deferred common stock units will be converted into shares of Company common stock on a one-for-one basis upon distribution. Distribution of shares of common stock occurs, at the election of the director, either in a lump sum or in annual installments pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors. Includes the deferred common stock units granted under one or more of the Company's directors' compensation plans. Also includes 19.839 deferred common stock units acquired on March 31, 2026 pursuant to the dividend reinvestment features of those plans, which will be distributed as described in footnote 1 above.
Key Figures
Deferred units granted: 158.560 units
Grant valuation price: $291.68 per unit
Total deferred units held: 5,439.062 units
+1 more
4 metrics
Deferred units granted
158.560 units
Deferred common stock units granted on March 31, 2026
Grant valuation price
$291.68 per unit
Value per deferred common stock unit for this grant
Total deferred units held
5,439.062 units
Deferred common stock units held following the transaction
Dividend reinvestment units
19.839 units
Units acquired via dividend reinvestment features on March 31, 2026
Key Terms
Deferred Compensation Plan for Non-Employee Directors, deferred common stock units, dividend reinvestment features
3 terms
Deferred Compensation Plan for Non-Employee Directors financial
"pursuant to the Company's Deferred Compensation Plan for Non-Employee Directors"
deferred common stock units financial
"These are deferred common stock units received in lieu of cash compensation"
Deferred common stock units are promises to deliver company shares or cash tied to the company’s stock value at a later date, typically used as part of employee or executive pay. Think of them like a paycheck you elect to receive in company stock at a future date; they can affect the number of shares outstanding and company expenses, so investors watch them for potential dilution and to understand management’s incentives.
dividend reinvestment features financial
"acquired on March 31, 2026 pursuant to the dividend reinvestment features of those plans"
FAQ
What did Travelers (TRV) director Russell G. Golden report on this Form 4?
Russell G. Golden reported receiving 158.560 deferred common stock units in Travelers Companies as compensation. These units are part of the non-employee directors’ deferred compensation plan and will eventually convert into an equal number of common shares upon distribution under the plan’s terms.
How many Travelers (TRV) deferred stock units does Russell G. Golden now hold?
Following the latest grant and dividend reinvestment, Russell G. Golden holds 5,439.062 deferred common stock units tied to Travelers common stock. This total includes prior grants and 19.839 units acquired through dividend reinvestment under the company’s directors’ compensation plans.
What is the value per unit of the Travelers (TRV) deferred stock grant?
The newly reported 158.560 deferred common stock units were valued at $291.68 per share equivalent. This price is used to record the compensation value under Travelers’ Deferred Compensation Plan for Non-Employee Directors, where units track the value of the company’s common stock.
How and when will the Travelers (TRV) deferred stock units be paid to Russell G. Golden?
The deferred common stock units will convert one-for-one into Travelers common shares upon distribution. Distribution timing and form—either a lump sum or annual installments—are elected by the director under the company’s Deferred Compensation Plan for Non-Employee Directors.
What are the dividend reinvestment features mentioned in Russell G. Golden’s Travelers (TRV) filing?
The filing notes that 19.839 deferred common stock units were acquired via dividend reinvestment features in Travelers’ directors’ compensation plans. Instead of cash dividends, additional deferred stock units are credited, increasing the director’s total units tied to Travelers common stock over time.