Travelers Companies (NYSE: TRV) EVP exercises options and sells 4164 shares

Q: What insider transactions did Diane Kurtzman report for TRV on 2026-07-24?

Diane Kurtzman reported exercising stock options for 4164 shares of Travelers Common Stock and selling 4164 shares. The options were exercised at $132.58 per share, and the subsequent sale was reported at $386.71 per share, all on 2026-07-24.

Q: How many TRV stock options did Diane Kurtzman exercise and at what price?

She exercised stock options covering 4164 underlying shares of Travelers Common Stock at an exercise price of $132.58 per share. These options were reported as a derivative security titled “Stock Options (Right to Buy)” with an expiration date of 2030-02-04.

Q: At what price did Diane Kurtzman sell TRV shares after exercising options?

After exercising options, she reported selling 4164 shares of Travelers Common Stock at $386.71 per share. The sale was coded as a disposition transaction type “S,” described as a sale in an open market or private transaction on 2026-07-24.

Q: Did the TRV Form 4 show that all exercised shares were sold by Diane Kurtzman?

Yes. The Form 4 shows 4164 shares acquired through option exercise and a separate sale of 4164 shares of Common Stock on the same date. The matching share counts indicate the reported sale covered all shares acquired in this specific exercise.

Q: Was Diane Kurtzman’s TRV trading reported under a Rule 10b5-1 plan?

The Rule 10b5-1 checkbox on the Form 4 was not checked , so these transactions were not affirmatively identified as made under a Rule 10b5-1 trading plan. No additional footnotes describing a trading plan were included in the reported data.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

TRAVELERS COMPANIES, INC. executive Diane Kurtzman reported a same‑day option exercise and share sale. On 2026‑07‑24 she exercised stock options for 4164 shares of Common Stock at $132.58 per share, then sold 4164 shares at $386.71 per share. The exercised option grant now shows no remaining derivative shares.

Insider Trade Summary

Exercise and Sale: 4,164 shares ($1.06M approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Kurtzman Diane

Role EVP & Chief HR Officer

Sold 4,164 shs ($1.61M)

Approx. gross sale proceeds $1.61M

Approx. exercise cost $552K

Approx. pre-tax spread $1.06M

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	4,164	$0.00	$0.00
Exercise	Common Stock	4,164	$132.58	$552K
Sale	Common Stock	4,164	$386.71	$1.61M

Holdings After Transaction: Stock Options (Right to Buy) — 0 shares (Direct); Common Stock — 5,298.209 shares (Direct)

Key Figures

Options exercised: 4164 shares Option exercise price: $132.58 per share Shares sold: 4164 shares +4 more

7 metrics

Options exercised 4164 shares Stock options converted into Common Stock on 2026-07-24

Option exercise price $132.58 per share Exercise price for Stock Options (Right to Buy)

Shares sold 4164 shares Common Stock sold on 2026-07-24

Sale price $386.71 per share Reported price for Common Stock sale transaction

Option grant exercise date 2023-02-04 Exercise date stated for the derivative security

Option expiration date 2030-02-04 Expiration date for the Stock Options (Right to Buy)

Net buy/sell shares -4164 shares Net shares sold across all reported transactions

Key Terms

Stock Options (Right to Buy), derivative security, Rule 10b5-1, Sale in open market or private transaction

4 terms

Stock Options (Right to Buy) financial

"security_title: "Stock Options (Right to Buy)""

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Rule 10b5-1 regulatory

"aff_10b5_one indicates the Rule 10b5-1 checkbox status"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Sale in open market or private transaction financial

"transaction_code_description: "Sale in open market or private transaction""

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/27/2026 - 04:03 PM Accepted by SEC EDGAR 07/27/2026 - 04:03 PM

FAQ

What insider transactions did Diane Kurtzman report for TRV on 2026-07-24?

Diane Kurtzman reported exercising stock options for 4164 shares of Travelers Common Stock and selling 4164 shares. The options were exercised at $132.58 per share, and the subsequent sale was reported at $386.71 per share, all on 2026-07-24.

How many TRV stock options did Diane Kurtzman exercise and at what price?

She exercised stock options covering 4164 underlying shares of Travelers Common Stock at an exercise price of $132.58 per share. These options were reported as a derivative security titled “Stock Options (Right to Buy)” with an expiration date of 2030-02-04.

At what price did Diane Kurtzman sell TRV shares after exercising options?

After exercising options, she reported selling 4164 shares of Travelers Common Stock at $386.71 per share. The sale was coded as a disposition transaction type “S,” described as a sale in an open market or private transaction on 2026-07-24.

Did the TRV Form 4 show that all exercised shares were sold by Diane Kurtzman?

Yes. The Form 4 shows 4164 shares acquired through option exercise and a separate sale of 4164 shares of Common Stock on the same date. The matching share counts indicate the reported sale covered all shares acquired in this specific exercise.

Was Diane Kurtzman’s TRV trading reported under a Rule 10b5-1 plan?

The Rule 10b5-1 checkbox on the Form 4 was not checked, so these transactions were not affirmatively identified as made under a Rule 10b5-1 trading plan. No additional footnotes describing a trading plan were included in the reported data.

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)
07/24/2026

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	07/24/2026		M		4,164	A	$132.58	9,462.209	D
Common Stock	07/24/2026		S		4,164	D	$386.71	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	07/24/2026		M			4,164	02/04/2023	02/04/2030	Common Stock	4,164	$0	0	D

Explanation of Responses:

	/s/Wendy C. Skjerven, by power of attorney	07/27/2026
	** 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