Insider Selling: Travelers Companies (NYSE:TRV) EVP Sells 10,000 Shares of Stock

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Travelers Companies EVP Michael Frederick Klein sold 10,000 shares of TRV stock for approximately $3.01 million on February 6th, reducing his stake by 22.92%. This sale was disclosed as TRV stock traded down about 2.9% to $292.78, despite the company recently exceeding quarterly earnings expectations and announcing a $1.10 quarterly dividend and a $5.00 billion share buyback program.

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