Travelers executive exercises and sells 6,000 shares
TRAVELERS COMPANIES, INC.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
TRAVELERS COMPANIES, INC. EVP Michael Frederick Klein exercised 6,000 stock options for Common Stock at an exercise price of $139.83 per share and on 2026-07-21 sold 6,000 shares in two open-market transactions at weighted average prices of $364.9033 and $366.1189 per share. After these transactions, he held 30,037 stock options directly and 1,895.088 shares of Common Stock indirectly through a 401(k) Plan.
Insider Trade Summary
Exercise and Sale: 6,000 shares ($1.36M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Klein Michael Frederick
Role
EVP & President, Personal Ins.
Sold
6,000 shs ($2.20M)
Approx. gross sale proceeds
$2.20M
Approx. exercise cost
$839K
Approx. pre-tax spread
$1.36M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 6,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,000 | $139.83 | $839K |
| Sale | Common Stock F1 | 125 | $364.9033 | $46K |
| Sale | Common Stock F2 | 5,875 | $366.1189 | $2.15M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 30,037 contracts (Direct);
Common Stock — 45,124.787 shares (Direct);
Common Stock — 1,895.088 shares (Indirect, 401(k) Plan)
Footnotes (2)
- F1. Represents the weighted average sales price for price increments ranging from $364.72 to $365.03. 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.
- F2. Represents the weighted average sales price for price increments ranging from $365.798 to $366.275. 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
Options exercised: 6,000 shares
Option exercise price: $139.83 per share
Shares sold (lot 1): 125 shares
+5 more
8 metrics
Options exercised
6,000 shares
Stock options to acquire Common Stock exercised on 2026-07-21
Option exercise price
$139.83 per share
Conversion or exercise price for stock options exercised
Shares sold (lot 1)
125 shares
Common Stock sold at weighted average price $364.9033 per share
Sale price (lot 1)
$364.9033 per share
Weighted average sales price for first sale tranche
Shares sold (lot 2)
5,875 shares
Common Stock sold at weighted average price $366.1189 per share
Sale price (lot 2)
$366.1189 per share
Weighted average sales price for second sale tranche
Remaining stock options
30,037 options
Stock options (right to buy Common Stock) held directly after exercise
401(k) plan holdings
1,895.088 shares
Common Stock held indirectly through a 401(k) Plan
Key Terms
Stock Options (Right to Buy), weighted average sales price, 401(k) Plan
3 terms
Stock Options (Right to Buy) financial
"Security titled "Stock Options (Right to Buy)" was exercised."
weighted average sales price financial
"Represents the weighted average sales price for price increments."
401(k) Plan financial
"Common Stock held indirectly through a 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Travelers (TRV) executive Michael Frederick Klein report in this Form 4?
Michael Frederick Klein reported exercising 6,000 stock options for Travelers Common Stock at $139.83 per share and selling 6,000 shares on 2026-07-21 in two open-market transactions at weighted average prices of $364.9033 and $366.1189 per share.
What stock options in Travelers (TRV) did Klein exercise in this transaction?
Klein exercised 6,000 stock options labeled "Stock Options (Right to Buy)" for Travelers Common Stock at an exercise price of $139.83 per share, converting these derivative securities into 6,000 shares of Common Stock on 2026-07-21 before selling those shares.
What are Michael Frederick Klein’s remaining Travelers (TRV) holdings after these trades?
Following the reported transactions, Klein held 30,037 stock options (rights to buy Travelers Common Stock) directly and 1,895.088 shares of Common Stock indirectly through a 401(k) Plan, as shown in the holdings entries associated with the Form 4 report.
Were Michael Frederick Klein’s Travelers (TRV) trades made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox was not marked as relying on a Rule 10b5-1 trading plan, and the footnotes describe pricing as weighted averages but do not indicate that the reported transactions were executed under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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