Travelers SVP exercises options, sells 3,727 shares

Travelers Companies senior vice president Paul E. Munson reported mixed insider activity involving stock options and common shares.

Accepted by SEC EDGAR 02/26/2026 - 04:05 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Travelers Companies senior vice president Paul E. Munson reported mixed insider activity involving stock options and common shares. On 2026-02-25, he exercised stock options for 2,800 shares at $126.18 per share through a derivative exercise.

That exercise delivered 2,800 shares of common stock, and he then executed open-market sales totaling 3,727 common shares at $306.04 per share, leaving him with 735.338 shares of directly owned common stock after the transactions.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Munson Paul E.

Role SVP & Corp. Controller

Sold 3,727 shs ($1.14M)

Approx. gross sale proceeds $1.14M

Approx. exercise cost $353K

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	2,800	$0.00	$0.00
Sale	Common Stock	927	$306.04	$284K
Exercise	Common Stock	2,800	$126.18	$353K
Sale	Common Stock	2,800	$306.04	$857K

Holdings After Transaction: Stock Options (Right to Buy) — 1,525 contracts (Direct); Common Stock — 735.338 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Travelers (TRV) report for Paul E. Munson?

Travelers (TRV) reported that SVP and corporate controller Paul E. Munson exercised stock options and sold common shares on February 25, 2026. The Form 4 details both the option exercise and subsequent open-market sales, showing updated direct share ownership afterward.

How many Travelers (TRV) shares did Paul E. Munson sell?

Paul E. Munson sold a total of 3,727 shares of Travelers common stock. The sales consisted of separate open-market transactions, including one for 2,800 shares and another for 927 shares, all executed at a reported price of $306.04 per share.

What options did Paul E. Munson exercise in the Travelers (TRV) Form 4?

Munson exercised stock options for 2,800 shares of Travelers common stock. The Form 4 shows a derivative exercise at a price of $126.18 per share, converting his option position into directly owned common shares before subsequent sales.

At what price were Paul E. Munson’s Travelers (TRV) shares sold?

The reported open-market sales of Travelers (TRV) common stock by Paul E. Munson were executed at $306.04 per share. This per-share price applied to both the 2,800-share sale and the separate 927-share sale disclosed in the Form 4 filing.

How many Travelers (TRV) shares does Paul E. Munson own after these transactions?

After the reported transactions, Paul E. Munson directly owns 735.338 shares of Travelers common stock. This figure reflects his position following the 2,800-share option exercise and the combined sales of 3,727 shares on February 25, 2026.

What roles does Paul E. Munson hold at Travelers (TRV)?

In the Form 4, Paul E. Munson is identified as SVP & Corporate Controller of Travelers Companies, Inc. This indicates he is an executive officer with senior financial responsibilities while also being a reporting insider for securities transactions.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Munson Paul E.

(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)
	SVP & Corp. Controller

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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
Common Stock	02/25/2026		S		927	D	$306.04	735.338	D
Common Stock	02/25/2026		M		2,800	A	$126.18	3,535.338	D
Common Stock	02/25/2026		S		2,800	D	$306.04	735.338	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	02/25/2026		M			2,800	02/05/2022	02/05/2029	Common Stock	2,800	$0	1,525	D

Explanation of Responses:

	/s/ Wendy C. Skjerven, by power of attorney	02/26/2026
	** 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.