8-KCorporate ChangesExhibits & Filings

TRAVELERS COMPANIES, INC. 8-K Report, Bylaw Amendment (Aug 8, 2011)

Filed August 8, 2011For Securities:TRV

Summary

On August 8, 2011, The Travelers Companies, Inc. filed a Form 8-K to report an amendment to its Articles of Incorporation. This amendment, approved by the Board of Directors on August 2, 2011, and filed with the Minnesota Secretary of State on August 4, 2011, specifically addresses the cancellation of the Company's Series B Convertible Preferred Stock. It's important to note that no shares of this preferred stock were outstanding at the time of the restatement, meaning this action is largely administrative and does not impact current share structure or outstanding equity.

Key Highlights

  • 1Travelers Companies, Inc. filed an 8-K on August 8, 2011, reporting an amendment to its Articles of Incorporation.
  • 2The amendment was approved by the Board of Directors on August 2, 2011.
  • 3The Restated Articles of Incorporation were filed with the Minnesota Secretary of State on August 4, 2011.
  • 4The primary purpose of the amendment was to reflect the cancellation of the Series B Convertible Preferred Stock.
  • 5Crucially, no shares of Series B Convertible Preferred Stock were outstanding at the time of this amendment.
  • 6This filing is administrative in nature and does not reflect any new issuance or cancellation of currently held preferred stock.
  • 7The full text of the Amended and Restated Articles of Incorporation is filed as an exhibit to this 8-K.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report an amendment to The Travelers Companies, Inc.'s Articles of Incorporation, specifically to remove references to Series B Convertible Preferred Stock which is no longer outstanding.

No, this filing is primarily administrative. The Series B Convertible Preferred Stock that was cancelled had no shares outstanding at the time of the amendment, so it does not reflect any new financial events or changes to the company's current outstanding equity structure.

The amendment to the Articles of Incorporation became effective upon filing with the Minnesota Secretary of State on August 4, 2011.

The details of the Amended and Restated Articles of Incorporation are provided as Exhibit 3.1 to this Form 8-K filing and are incorporated by reference.