Travelers EVP sells 2,867 shares after option exercise

TRAVELERS COMPANIES, INC. executive Diane Kurtzman reported an exercise-and-sell transaction in company stock.

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Form Type

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.

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 contracts (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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Travelers (TRV) shares did the executive sell and at what prices?

She sold 2,867 Travelers common shares in total. The Form 4 shows open-market sales of 1,387 shares at $303.4218 per share and 1,480 shares at $303.4690 per share, with a disclosed weighted average sales range of $303.42 to $303.44.

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 Travelers (TRV) shares does Diane Kurtzman hold after the transactions?

Following the reported transactions, she directly owns 5,298.209 shares of Travelers common stock. The Form 4 also indicates she continues to hold 4,164 stock options that are exercisable for Travelers common shares, providing additional potential equity exposure.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/21/2026 - 04:17 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kurtzman Diane

(Last)

(First)

(Middle)

THE TRAVELERS COMPANIES, INC.

385 WASHINGTON STREET

(Street)

ST. PAUL

MINNESOTA

55102

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TRAVELERS COMPANIES, INC. [ TRV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/20/2026		S		1,480	D	$303.469	5,298.209	D
Common Stock	04/20/2026		M		1,387	A	$132.58	6,685.209	D
Common Stock	04/20/2026		S		1,387	D	$303.4218⁽¹⁾	5,298.209	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to Buy)	$132.58	04/20/2026		M			1,387	02/04/2023	02/04/2030	Common Stock	1,387	$0	4,164	D

Explanation of Responses:

1. 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.

	/s/Wendy C. Skjerven, by power of attorney	04/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR