Travelers EVP David Donnay Rowland sells 5,000 shares

The reported direct stock-option balance after the exercise was 17,755 options; indirect holdings were also listed in a 401(k) Plan and trust.

Rhea-AI Filing Summary

David Donnay Rowland, EVP & Co-Chief Invest. Officer of The Travelers Companies, Inc. (TRV), exercised 5,000 stock options at an exercise price of $132.58 per share on October 22, 2026, acquiring 5,000 common shares. He sold 5,000 common shares that day at a reported weighted average price of $405.6206 per share; sales were in increments ranging from $405.62 to $405.69. The reported direct stock-option position after exercise was 17,755 options. The report also lists indirect holdings of 5,941.564 common shares in a 401(k) Plan and 22,083 common shares in trust.

Insider Trade Summary

Exercise and Sale: 5,000 shares ($1.37M approx. pre-tax spread)

Exercise and Sale 5 txns

Insider Rowland David Donnay

Role EVP & Co-Chief Invest. Officer

Sold 5,000 shs ($2.03M)

Approx. gross sale proceeds $2.03M

Approx. exercise cost $663K

Approx. pre-tax spread $1.37M

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	5,000	$0.00	$0.00
Exercise	Common Stock	5,000	$132.58	$663K
Sale	Common Stock F1	5,000	$405.6206	$2.03M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options (Right to Buy) — 17,755 contracts (Direct); Common Stock — 10,478.629 shares (Direct); Common Stock — 5,941.564 shares (Indirect, 401(k) Plan); Common Stock — 22,083 shares (Indirect, In Trust)

Footnotes (1)

1. F1. Represents the weighted average sales price for increments ranging from $405.62 to $405.69. 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

Stock options exercised: 5,000 options Exercise price: $132.58 per share Common shares sold: 5,000 shares +5 more

8 metrics

Stock options exercised 5,000 options October 22, 2026

Exercise price $132.58 per share Options exercised October 22, 2026

Common shares sold 5,000 shares October 22, 2026

Weighted average sale price $405.6206 per share Sales on October 22, 2026

Sale price increments $405.62 to $405.69 per share Reported sales

Stock options following exercise 17,755 options Direct position

401(k) Plan common-stock holdings 5,941.564 shares Indirect holdings

Common-stock holdings in trust 22,083 shares Indirect holdings

Key Terms

Stock Options (Right to Buy), exercise price, weighted average sales price, 401(k) Plan

4 terms

Stock Options (Right to Buy) financial

"Stock Options (Right to Buy)"

exercise price financial

"exercise price of $132.5800"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

weighted average sales price financial

"weighted average sales price for increments"

401(k) Plan financial

"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

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

How many TRV shares did its EVP exercise and sell?

David Donnay Rowland reported exercising options to acquire 5,000 common shares and selling 5,000 common shares on October 22, 2026. The reported weighted average sale price was $405.6206 per share, with sales in increments ranging from $405.62 to $405.69.

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

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Available on EDGAR 10/23/2026 - 04:06 PM EDT Accepted by SEC EDGAR 10/23/2026 - 04:05 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^*

Rowland David Donnay

(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 & Co-Chief Invest. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/22/2026

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	10/22/2026		M		5,000	A	$132.58	15,478.629	D
Common Stock	10/22/2026		S		5,000	D	$405.6206(1)	10,478.629	D
Common Stock								5,941.564	I	401(k) Plan
Common Stock								22,083	I	In Trust

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	10/22/2026		M			5,000	02/04/2023	02/04/2030	Common Stock	5,000	$0	17,755	D

Explanation of Responses:

1. Represents the weighted average sales price for increments ranging from $405.62 to $405.69. 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	10/23/2026
	** 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)