STOCK TITAN

Travelers (TRV) EVP exercises options and sells 10,000 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

The Travelers Companies, Inc. executive Michael Frederick Klein, EVP & President, Personal Insurance, reported option and stock transactions. On February 6, 2026, he exercised 10,000 stock options at $132.58 per share, acquiring 10,000 shares of common stock.

That same day, he sold 10,000 shares of Travelers common stock at a weighted average price of $301.1783 per share. After these transactions, Klein directly held 33,638.031 shares of common stock and indirectly held 1,881.671 shares through a 401(k) plan. He continued to hold 20,000 stock options following the reported activity.

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*
Klein Michael Frederick

(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 & President, Personal Ins.
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 02/06/2026 M 10,000 A $132.58 43,638.031 D
Common Stock 02/06/2026 S 10,000 D $301.1783(1) 33,638.031 D
Common Stock 1,881.671 I 401(k) Plan
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 02/06/2026 M 10,000 02/04/2023 02/04/2030 Common Stock 10,000 $0 20,000 D
Explanation of Responses:
1. Represents the weighted average sales price for price increments ranging from $300.67 to $301.42. 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 02/09/2026
** 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 Michael Frederick Klein report?

Michael Frederick Klein reported exercising 10,000 stock options and selling 10,000 TRV common shares. The option exercise and sale both occurred on February 6, 2026, and were disclosed in a Form 4 insider trading report filed under Section 16 rules.

How many Travelers (TRV) shares did Michael Klein sell and at what price?

Michael Klein sold 10,000 shares of Travelers common stock at a weighted average price of $301.1783 per share. The filing notes sales occurred in increments between $300.67 and $301.42, with full trade-by-trade details available on request from the relevant parties.

What stock options did Michael Klein exercise in this TRV Form 4?

Klein exercised 10,000 stock options with a $132.58 exercise price, converting them into 10,000 shares of Travelers common stock. These options were originally granted on February 4, 2023, and are scheduled to expire on February 4, 2030, if not previously exercised.

How many TRV shares does Michael Klein own after the reported transactions?

After the transactions, Klein directly owned 33,638.031 shares of Travelers common stock. In addition, he indirectly held 1,881.671 shares through a 401(k) plan, as disclosed in the Form 4 under indirect beneficial ownership details.

Does Michael Klein still hold TRV stock options after this Form 4?

Yes. Following the reported option exercise, Klein beneficially owned 20,000 stock options. These derivative securities are stock options with a $132.58 exercise price, expiring on February 4, 2030, and are reported as directly owned derivative holdings.

What is the weighted average sale price disclosed in the TRV insider filing?

The weighted average sale price for Klein’s 10,000-share sale was $301.1783 per share. The filing explains that individual trades occurred between $300.67 and $301.42, and that detailed breakdowns of the number of shares sold at each price level are available upon request.
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