Travelers (TRV) officer exercises 4,805 options and reports share sale

Rhea-AI Filing Summary

The Travelers Companies, Inc. (TRV) reported an insider transaction by its EVP & Chief HR Officer on 11/24/2025. The executive exercised stock options to acquire 4,805 shares of common stock at an exercise price of $126.18 per share, then sold 4,805 shares of common stock at a price of $290 per share the same day.

After these transactions, the executive directly owned 3,818.549 shares of Travelers common stock. The related stock option grant, which was exercisable from 02/05/2022 and scheduled to expire on 02/05/2029, now shows 0 derivative securities remaining beneficially owned.

Insider Trade Summary

Net Seller: 4,805 shares ($1,393,450)

Net Sell 3 txns

Insider Kurtzman Diane

Role EVP & Chief HR Officer

Sold 4,805 shs ($1.39M)

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	4,805	$0.00	--
Exercise	Common Stock	4,805	$126.18	$606K
Sale	Common Stock	4,805	$290.00	$1.39M

Holdings After Transaction: Stock Options (Right to Buy) — 0 shares (Direct); Common Stock — 8,623.549 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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 MN 55102

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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

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

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

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	11/24/2025		M		4,805	A	$126.18	8,623.549	D
Common Stock	11/24/2025		S		4,805	D	$290	3,818.549	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$126.18	11/24/2025		M			4,805	02/05/2022	02/05/2029	Common Stock	4,805	$0	0	D

Explanation of Responses:

	/s/Wendy C. Skjerven, by power of attorney	11/25/2025
	** 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.

FAQ

What insider transaction did TRV report in this Form 4?

The Travelers Companies, Inc. (TRV) reported that its EVP & Chief HR Officer exercised options for 4,805 shares of common stock and sold 4,805 shares on 11/24/2025.

At what prices were the TRV shares acquired and sold in this filing?

The executive acquired 4,805 shares through option exercise at an exercise price of $126.18 per share and sold 4,805 shares of TRV common stock at $290 per share.

How many TRV shares does the reporting person own after the transactions?

Following the reported transactions, the executive directly owns 3,818.549 shares of Travelers common stock.

What happened to the stock options reported in Table II for TRV?

The stock options with an exercise price of $126.18, exercisable from 02/05/2022 to 02/05/2029 and covering 4,805 shares, were exercised and now show 0 derivative securities beneficially owned.

What is the role of the reporting person in The Travelers Companies, Inc. (TRV)?

The reporting person is identified as an Officer of The Travelers Companies, Inc., serving as EVP & Chief HR Officer.

Is this TRV Form 4 filed for one or multiple reporting persons?

The document indicates that the Form is filed by one reporting person, not a group filing.

What type of securities are involved in this TRV Form 4 filing?

The filing involves common stock in Table I and stock options (right to buy) linked to common stock in Table II.