Travelers executive sells 1,525 shares after option exercise

TRAVELERS COMPANIES, INC. executive Paul E. Munson, SVP & Corp. Controller, reported an options exercise and same-day sale on July 22, 2026.

Rhea-AI Filing Summary

TRAVELERS COMPANIES, INC. executive Paul E. Munson, SVP & Corp. Controller, reported an options exercise and same-day sale on July 22, 2026. He exercised stock options for 1,525 shares of common stock at $126.18 per share and sold 1,525 common shares at $369.905 per share. The reported stock option position from this grant now shows 0 shares remaining.

Insider Trade Summary

Exercise and Sale: 1,525 shares ($372K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Munson Paul E.

Role SVP & Corp. Controller

Sold 1,525 shs ($564K)

Approx. gross sale proceeds $564K

Approx. exercise cost $192K

Approx. pre-tax spread $372K

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	1,525	$0.00	$0.00
Exercise	Common Stock	1,525	$126.18	$192K
Sale	Common Stock	1,525	$369.905	$564K

Holdings After Transaction: Stock Options (Right to Buy) — 0 contracts (Direct); Common Stock — 735.338 shares (Direct)

Key Figures

Options exercised: 1,525 shares Option exercise price: $126.18 per share Shares sold: 1,525 shares +2 more

5 metrics

Options exercised 1,525 shares Stock options for common stock exercised on 2026-07-22

Option exercise price $126.18 per share Conversion or exercise price for the exercised stock options

Shares sold 1,525 shares Common stock sale reported on 2026-07-22

Sale price $369.905 per share Reported transaction price for the common stock sale

Option expiration date 2029-02-05 Expiration date of the exercised stock options grant

Key Terms

Stock Options (Right to Buy), derivative security, acquired_disposed_code

3 terms

Stock Options (Right to Buy) financial

"Security titled "Stock Options (Right to Buy)" was exercised for 1,525 shares"

derivative security financial

"Transaction code M described as "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

acquired_disposed_code regulatory

"Direction of each transaction is based on the SEC acquired_disposed_code field"

FAQ

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

What insider transaction did TRV executive Paul E. Munson report?

Paul E. Munson reported exercising 1,525 stock options and selling 1,525 Travelers common shares. The options were exercised at $126.18 per share, and the shares were sold at $369.905 per share in a same-day sequence.

How many TRV shares did Paul E. Munson sell in this Form 4 filing?

He reported selling 1,525 shares of Travelers common stock. The sale occurred on July 22, 2026 at a reported transaction price of $369.905 per share, following the exercise of an equal number of stock options.

At what price were Paul E. Munson’s TRV stock options exercised and shares sold?

The stock options were exercised at $126.18 per share, and the resulting common shares were sold at $369.905 per share. Both transactions involved 1,525 shares and were reported with transaction code M for the exercise and S for the sale.

What happened to Paul E. Munson’s exercised TRV option grant after the transaction?

The exercised stock option grant now shows 0 shares remaining. The Form 4 lists a Stock Options (Right to Buy) position of 1,525 options disposed through exercise, with total shares following the transaction reported as zero for that derivative security.

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

Paul E. Munson is identified as SVP & Corp. Controller at Travelers Companies, Inc. In this capacity, he is an officer reporting insider transactions, including the option exercise and sale of common stock disclosed in this Form 4.

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

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Accepted by SEC EDGAR 07/24/2026 - 04:09 PM EDT 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^*

Munson Paul E.

(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)
	SVP & Corp. Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2026

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	07/22/2026		M		1,525	A	$126.18	2,260.338	D
Common Stock	07/22/2026		S		1,525	D	$369.905	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	07/22/2026		M			1,525	02/05/2022	02/05/2029	Common Stock	1,525	$0	0	D

Explanation of Responses:

	/s/ Wendy C. Skjerven, by power of attorney	07/24/2026
	** 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)