Travelers Companies Files 8-K on Shareholder Vote Matters
Ticker: TRV · Form: 8-K · Filed: May 17, 2024 · CIK: 86312
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: TRV
TL;DR
TRV filed an 8-K for a shareholder vote - expect updates on key decisions soon.
AI Summary
On May 15, 2024, The Travelers Companies, Inc. filed an 8-K report detailing the submission of matters to a vote of its security holders. The filing indicates that the company is seeking shareholder approval for certain proposals, though the specific details of these proposals are not elaborated upon in the provided text.
Why It Matters
This filing signals that Travelers is engaging its shareholders on important corporate decisions, which could impact the company's future direction and governance.
Risk Assessment
Risk Level: low — The filing is procedural, reporting on a shareholder vote, and does not contain information about significant financial distress or operational changes.
Key Players & Entities
- The Travelers Companies, Inc. (company) — Registrant
- May 15, 2024 (date) — Date of earliest event reported
FAQ
What specific matters are being submitted for a vote of security holders?
The provided text states that the 8-K filing is for the 'Submission of Matters to a Vote of Security Holders' but does not specify the exact proposals.
When was the earliest event reported in this filing?
The earliest event reported was on May 15, 2024.
What is the Commission File Number for The Travelers Companies, Inc.?
The Commission File Number for The Travelers Companies, Inc. is 001-10898.
In which state was The Travelers Companies, Inc. incorporated?
The Travelers Companies, Inc. was incorporated in Minnesota (MN).
What is the IRS Employer Identification Number for The Travelers Companies, Inc.?
The IRS Employer Identification Number for The Travelers Companies, Inc. is 41-0518860.
Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-05-17 16:16:02
Filing Documents
- tm2414607d1_8k.htm (8-K) — 59KB
- 0001104659-24-063014.txt ( ) — 228KB
- trv-20240515.xsd (EX-101.SCH) — 3KB
- trv-20240515_lab.xml (EX-101.LAB) — 33KB
- trv-20240515_pre.xml (EX-101.PRE) — 22KB
- tm2414607d1_8k_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The Travelers Companies, Inc. (the "Company") held its annual meeting of shareholders on May 15, 2024. For more information on the following proposals submitted to shareholders, see the Company's definitive proxy statement, dated April 2, 2024. Below are the final voting results.
— Election of Directors
Item 1 — Election of Directors Name Votes For Votes Against Votes Abstained Broker Non-Votes Russell G. Golden 181,429,589 930,923 335,415 20,204,550 William J. Kane 175,293,761 7,049,781 352,385 20,204,550 Thomas B. Leonardi 165,409,358 16,831,310 455,259 20,204,550 Clarence Otis Jr. 153,358,962 28,886,731 450,234 20,204,550 Elizabeth E. Robinson 167,392,029 14,998,468 305,430 20,204,550 Rafael Santana 165,477,738 16,744,823 443,366 20,204,550 Todd C. Schermerhorn 180,342,960 2,015,496 337,471 20,204,550 Alan D. Schnitzer 171,181,643 10,332,904 1,181,380 20,204,550 Laurie J. Thomsen 175,758,198 6,604,987 332,742 20,204,550 Bridget van Kralingen 180,612,292 1,754,641 328,994 20,204,550 David S. Williams 181,435,737 916,263 343,927 20,204,550 Following the Company's annual meeting of shareholders, the independent members of the Board of Directors (the "Board") of the Company appointed Mr. Thomas B. Leonardi to serve as Chair of the Nominating and Governance Committee of the Board. Mr. Leonardi replaced Mr. Ruegger, who retired from the Board effective as of the Company's annual meeting of shareholders.
— Ratification of Independent Registered Public
Item 2 — Ratification of Independent Registered Public Accounting Firm Votes For Votes Against Votes Abstained Broker Non-Votes 192,798,171 9,835,828 266,478 0
— Non-Binding Vote to Approve Executive Compensation
Item 3 — Non-Binding Vote to Approve Executive Compensation Votes For Votes Against Votes Abstained Broker Non-Votes 108,821,725 73,253,605 620,597 20,204,550
— Shareholder Proposal Relating to a Report on Methane
Item 4 — Shareholder Proposal Relating to a Report on Methane in the Energy Sector Votes For Votes Against Votes Abstained Broker Non-Votes 28,055,487 152,886,896 1,753,544 20,204,550
— Shareholder Proposal Relating to GHG Emissions
Item 5 — Shareholder Proposal Relating to GHG Emissions Votes For Votes Against Votes Abstained Broker Non-Votes 28,009,729 152,971,659 1,714,539 20,204,550 Item 6 — Shareholder Proposal Relating to Human Rights Risks in Underwriting Votes For Votes Against Votes Abstained Broker Non-Votes 28,147,957 152,785,469 1,762,501 20,204,550 2
— Shareholder Proposal Relating to CEO Pay Ratio
Item 7 — Shareholder Proposal Relating to CEO Pay Ratio and Executive Compensation Votes For Votes Against Votes Abstained Broker Non-Votes 17,844,225 163,297,712 1,553,990 20,204,550 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, The Travelers Companies, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 17, 2024 THE TRAVELERS COMPANIES, INC. By: /s/ Wendy C. Skjerven Name: Wendy C. Skjerven Title: Vice President, Corporate Secretary and Group General Counsel 4