Form 4: Travelers Companies EVP Mojgan Lefebvre Exercises Options and Sells Shares
SEC Form 4
Mojgan M. Lefebvre, EVP & Chief Tech & Ops Officer of Travelers Companies, exercised stock options and sold shares on October 21, 2024.
Summary
- On October 21, 2024, Mojgan M. Lefebvre, EVP & Chief Tech & Ops Officer of Travelers Companies, exercised stock options to acquire 18,736 shares at $126.18 and 2,300 shares at $132.58.
- Lefebvre then sold 15,168 shares at a weighted average price of $259.2685, 4,956 shares at a weighted average price of $260.078, and 912 shares at a weighted average price of $261.185.
- Following these transactions, Lefebvre directly owns 912 shares of common stock and 39,333 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing detailing insider transactions.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 02/05/2022 | Date stock options exercisable for 18,736 shares. |
| 02/04/2023 | Date stock options exercisable for 2,300 shares. |
| 02/05/2029 | Expiration date for stock options for 18,736 shares. |
| 02/04/2030 | Expiration date for stock options for 2,300 shares. |
| 10/21/2024 | Date of stock option exercise and share sales. |
| 10/22/2024 | Date of signature on the Form 4 filing. |
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