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Travelers (TRV) HR chief receives 6,060 stock options at $288.23 strike

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

The Travelers Companies, Inc. executive Diane Kurtzman, EVP & Chief HR Officer, reported a grant of stock options. On 02/03/2026 she acquired 6,060 stock options, each giving the right to buy common stock at an exercise price of $288.23 per share.

These options, covering 6,060 shares of common stock, are exercisable from 02/03/2029 and expire on 02/03/2036. Following this grant, she beneficially owns 6,060 derivative securities directly.

Positive

  • None.

Negative

  • None.
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)
02/03/2026
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
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) $288.23 02/03/2026 A 6,060 02/03/2029 02/03/2036 Common Stock 6,060 $0 6,060 D
Explanation of Responses:
/s/Wendy C. Skjerven, by power of attorney 02/05/2026
** 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.

FAQ

What insider transaction did TRV executive Diane Kurtzman report on this Form 4?

Diane Kurtzman reported receiving 6,060 stock options in Travelers common stock. The options were granted on February 3, 2026 and are categorized as an acquisition, increasing her directly held derivative securities position to 6,060 stock options tied to Travelers shares.

What are the key terms of the stock options granted to TRV’s EVP & Chief HR Officer?

The grant covers 6,060 stock options with an exercise price of $288.23 per share. These options relate to Travelers common stock and provide the right to buy shares at that fixed price, subject to the stated exercisability and expiration dates disclosed in the filing.

When can Diane Kurtzman exercise her newly granted Travelers (TRV) stock options?

The 6,060 stock options granted on February 3, 2026 become exercisable on February 3, 2029. From then until their expiration on February 3, 2036, she may choose to exercise them to purchase Travelers common shares at the fixed $288.23 exercise price.

How many derivative securities does the TRV executive own after this option grant?

After the reported transaction, Diane Kurtzman beneficially owns 6,060 derivative securities. All of these are stock options that provide the right to buy Travelers common stock, and they are reported as being held directly rather than through an indirect ownership structure.

Was there any purchase price paid for the Travelers (TRV) stock options themselves?

The filing shows a price of $0.00 for the derivative security, indicating no cash price was paid for the grant. However, each of the 6,060 options carries a $288.23 per share exercise price if and when the holder chooses to buy the underlying stock.
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