Travelers EVP exercises options and sells 10K shares

TRAVELERS COMPANIES, INC. executive Michael Frederick Klein, EVP & President, Personal Insurance, reported a mix of option exercise and share sales in Common Stock.

Rhea-AI Filing Summary

TRAVELERS COMPANIES, INC. executive Michael Frederick Klein, EVP & President, Personal Insurance, reported a mix of option exercise and share sales in Common Stock. He exercised 10,000 stock options at a price of $132.58 per share, converting them into an equal number of common shares.

On the same date, he completed open-market sales totaling 10,000 shares of Common Stock across three transactions: 1,519 shares at a weighted average of $308.792, 2,412 shares at $308.333, and 6,069 shares at $307.1003. After these transactions, he directly holds 49,055.787 shares of Common Stock and indirectly holds 1,888.345 shares through a 401(k) Plan.

Footnotes state that the sale prices are weighted averages over stated price ranges, and full price breakdowns are available upon request to the company or regulators.

Insider Trade Summary

Exercise and Sale: 10,000 shares ($1.75M approx. pre-tax spread)

Exercise and Sale 6 txns

Insider Klein Michael Frederick

Role EVP & President, Personal Ins.

Sold 10,000 shs ($3.08M)

Approx. gross sale proceeds $3.08M

Approx. exercise cost $1.33M

Approx. pre-tax spread $1.75M

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	10,000	$0.00	$0.00
Exercise	Common Stock	10,000	$132.58	$1.33M
Sale	Common Stock	6,069	$307.1003	$1.86M
Sale	Common Stock	2,412	$308.333	$744K
Sale	Common Stock	1,519	$308.792	$469K
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options (Right to Buy) — 0 contracts (Direct); Common Stock — 45,124.787 shares (Direct); Common Stock — 1,888.345 shares (Indirect, 401(k) Plan)

Footnotes (3)

1. F1. Represents the weighted average sales price for price increments ranging from $306.645 to $307.530. 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.
2. F2. Represents the weighted average sales price for price increments ranging from $307.650 to $308.645. 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.
3. F3. Represents the weighted average sales price for price increments ranging from $308.660 to $308.965. 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: 10,000 shares Option exercise price: $132.58/share Shares sold: 10,000 shares +5 more

8 metrics

Options exercised 10,000 shares Stock Options (Right to Buy) exercised at $132.58/share

Option exercise price $132.58/share Exercise of stock options into Common Stock

Shares sold 10,000 shares Open-market sales of Common Stock on 2026-05-26

Sale price (weighted avg) $307.1003/share 6,069-share block of Common Stock

Sale price (weighted avg) $308.333/share 2,412-share block of Common Stock

Sale price (weighted avg) $308.792/share 1,519-share block of Common Stock

Direct holdings after 49,055.787 shares Common Stock directly owned after transactions

Indirect holdings after 1,888.345 shares Common Stock held via 401(k) Plan

Key Terms

open-market sale, Stock Options (Right to Buy), weighted average sales price, 401(k) Plan

4 terms

open-market sale financial

"completed open-market sales totaling 10,000 shares of Common Stock"

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

"He exercised 10,000 stock options at a price of $132.58 per share"

weighted average sales price financial

"Footnotes state that the sale prices are weighted averages over stated price ranges"

401(k) Plan financial

"indirectly holds 1,888.345 shares 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

What did TRV executive Michael Frederick Klein report in this Form 4?

Michael Frederick Klein reported exercising 10,000 stock options and selling 10,000 shares of Travelers Common Stock. The filing shows how many shares were transacted, the prices involved, and his remaining direct and indirect shareholdings after the trades.

How many Travelers (TRV) shares did Michael Klein sell and at what prices?

He sold a total of 10,000 Travelers Common shares in three open-market transactions. The weighted average sale prices were about $307.10, $308.33, and $308.79 per share, with detailed price breakdowns available upon request as noted in the footnotes.

What options did Michael Klein exercise in the Travelers (TRV) Form 4?

Klein exercised stock options covering 10,000 shares of Travelers Common Stock at an exercise price of $132.58 per share. The options were reported as "Stock Options (Right to Buy)" and, after exercise, the derivative position shown in this filing was reduced to zero.

How many Travelers (TRV) shares does Michael Klein hold after these transactions?

Following the reported trades, Klein directly holds 49,055.787 shares of Travelers Common Stock. He also indirectly holds 1,888.345 shares through a 401(k) Plan, giving investors a clear view of his remaining economic interest as disclosed in this filing.

What does the Travelers (TRV) Form 4 say about weighted average sale prices?

The Form 4 explains that each reported sale price is a weighted average for trades within specific price ranges. It states Klein will provide full details on the number of shares sold at each separate price to regulators, the issuer, or any security holder upon request.

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Accepted by SEC EDGAR 05/27/2026 - 04:06 PM Learn about SEC filing dates

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^*

Klein Michael Frederick

(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 & President, Personal Ins.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/26/2026		M		10,000	A	$132.58	55,124.787	D
Common Stock	05/26/2026		S		6,069	D	$307.1003(1)	49,055.787	D
Common Stock	05/26/2026		S		2,412	D	$308.333(2)	46,643.787	D
Common Stock	05/26/2026		S		1,519	D	$308.792(3)	45,124.787	D
Common Stock								1,888.345	I	401(k) Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$132.58	05/26/2026		M			10,000	02/04/2023	02/04/2030	Common Stock	10,000	$0	0	D

Explanation of Responses:

1. Represents the weighted average sales price for price increments ranging from $306.645 to $307.530. 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.

2. Represents the weighted average sales price for price increments ranging from $307.650 to $308.645. 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.

3. Represents the weighted average sales price for price increments ranging from $308.660 to $308.965. 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	05/27/2026
	** 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)