Travelers (NYSE: TRV) HR chief sells 2,867 shares, keeps 5,298
Rhea-AI Filing Summary
TRAVELERS COMPANIES, INC. executive Diane Kurtzman reported an exercise-and-sell transaction in company stock. On April 20, 2026, she exercised stock options to acquire 1,387 shares of common stock at an exercise price of $132.58 per share.
On the same date, she sold a total of 2,867 shares of common stock in open‑market transactions at weighted average prices of approximately $303.42 and $303.47 per share. After these transactions, she directly owns 5,298.209 shares of common stock and holds 4,164 stock options that are exercisable for common stock and expire on February 4, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Kurtzman Diane
Role
EVP & Chief HR Officer
Sold
2,867 shs ($870K)
Approx. gross sale proceeds
$870K
Approx. exercise cost
$184K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 1,387 | $0.00 | $0.00 |
| Sale | Common Stock | 1,480 | $303.469 | $449K |
| Exercise | Common Stock | 1,387 | $132.58 | $184K |
| Sale | Common Stock | 1,387 | $303.4218 | $421K |
Holdings After Transaction:
Stock Options (Right to Buy) — 4,164 shares (Direct);
Common Stock — 5,298.209 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average sales price for increments ranging from $303.42 to $303.44. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 2,867 shares
First sale price: $303.4218 per share
Second sale price: $303.4690 per share
+5 more
8 metrics
Shares sold
2,867 shares
Total common shares sold in open-market transactions on April 20, 2026
First sale price
$303.4218 per share
Price for 1,387 common shares sold in open market
Second sale price
$303.4690 per share
Price for 1,480 common shares sold in open market
Options exercised
1,387 shares
Common shares acquired via stock option exercise
Option exercise price
$132.58 per share
Exercise price of stock options converted into common stock
Shares owned after
5,298.209 shares
Direct common stock holdings following the reported transactions
Options remaining
4,164 options
Stock options outstanding after exercise, exercisable for common stock
Option expiration date
February 4, 2030
Expiration date of the remaining stock options
Key Terms
open-market sale, Stock Options (Right to Buy), derivative exercise/conversion, weighted average sales price
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Options (Right to Buy) financial
"security_title": "Stock Options (Right to Buy)""
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
weighted average sales price financial
"Represents the weighted average sales price for increments"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TRV executive Diane Kurtzman report?
Diane Kurtzman reported an exercise-and-sell transaction. She exercised stock options for 1,387 Travelers Companies common shares, then sold a total of 2,867 shares in open-market trades, all dated April 20, 2026, according to the Form 4 filing.
What stock options did the Travelers (TRV) executive exercise in this filing?
She exercised stock options covering 1,387 shares of Travelers common stock at a stated exercise price of $132.58 per share. These options were originally exercisable from February 4, 2023, and are scheduled to expire on February 4, 2030, based on the Form 4 details.
How many stock options remain after the Travelers (TRV) exercise-and-sell?
After exercising 1,387 options, 4,164 stock options remain outstanding for Diane Kurtzman. These options relate to Travelers common stock, carry an exercise price of $132.58 per share, and are scheduled to expire on February 4, 2030, according to the derivative transaction entry.
Were the Travelers (TRV) insider sales open-market transactions?
Yes. The Form 4 classifies both sales as open-market transactions, using code “S” for sale. The filing also notes a weighted average sales price and offers to provide full price breakdowns upon request to regulators, the issuer, or its security holders.