TRV 424B3: Secondary offering

Filed with the SEC on · accession 0001193125-26-312518

TRV filed a 424B3 (prospectus (offering)) with the SEC on Jul 22, 2026. Travelers Companies, Inc. is offering $750 million aggregate principal amount of 4.950% Senior Notes due 2031 in an underwritten public offering. The stock moved +0.7% by the first close after the filing.

Summary of the filing

Travelers Companies, Inc. is offering $750 million aggregate principal amount of 4.950% Senior Notes due 2031 in an underwritten public offering. The notes will mature on July 24, 2031, and interest is payable semi-annually.

Key details

Aggregate principal amount of senior notes offered$750.0M
Public offering price (total)$749.8M
Underwriting discount (total)$3.4M
Proceeds to issuer (before expenses)$746.5M
IssuerThe Travelers Companies, Inc.
Joint book-running managerBarclays
Joint book-running managerBofA Securities
Joint book-running managerCitigroup
Joint book-running managerJ.P. Morgan
Joint book-running managerWells Fargo Securities
Co-managerTD Securities
Co-managerTruist Securities
Co-managerBNY Capital Markets
Co-managerGoldman Sachs & Co. LLC
Co-managerHSBC
Co-managerMorgan Stanley
Co-managerUS Bancorp
Co-managerAcademy Securities

How TRV stock reacted

Close before

$369.63

Jul 21, 2026

First close after

+0.66%

$372.08

5 trading days

+7.46%

$397.22

Since filing

+6.92%

$395.20

✦ Ask GOAX AI about this filing — what it means for TRV, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for TRV?

Click here

Frequently asked questions

What did TRV file with the SEC on Jul 22, 2026?

TRV filed a 424B3 (Secondary offering). Travelers Companies, Inc. is offering $750 million aggregate principal amount of 4.950% Senior Notes due 2031 in an underwritten public offering. The notes will mature on July 24, 2031, and interest is payable semi-annually.

What does a secondary offering mean for TRV stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B3?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B3 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did TRV stock react to this filing?

TRV closed at $369.63 before the filing and $372.08 on Jul 22, 2026 (+0.66%). Five trading days later: $397.22 (+7.46%).

Other TRV SEC filings

Get alerts when TRV files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days