FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * HEYMAN WILLIAM H 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)
Vice Chairman
(Last)         (First)         (Middle)
THE TRAVELERS COMPANIES, INC., 385 WASHINGTON STREET
3. Date of Earliest Transaction (MM/DD/YYYY)
7/9/2003
(Street)
ST. PAUL, MN 55102
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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  8/25/2021    M    5000  A $106.03  250260.902  D   
Common Stock  8/25/2021    S    3000  D $162.50 (1) 247260.902  D   
Common Stock  8/25/2021    S    2000  D $163.125 (2) 245260.902  D   
Common Stock                 1573.448  I  401(k) Plan 
Common Stock                 2256  I  Held By Spouse (3)
Common Stock                 250  I  In Trust For Stepson (3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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 Option (Right to Buy)  $106.03  8/25/2021    M        5000   2/2/2019  2/2/2026  Common Stock  5000  $0  0  D   
Deferred Compensation Phantom Stock (4)  (5) 7/9/2003    A     82.03 (6)      (5)  (5) Common Stock  82.03  $36.57  82.03  D   
Deferred Compensation Phantom Stock (4)  (5) 1/7/2004    A     380.71 (6)      (5)  (5) Common Stock  380.71  $39.40  463.54 (7) D   
Deferred Compensation Phantom Stock (4)  (5) 7/7/2004    A     98.34 (6)      (5)  (5) Common Stock  98.34  $39.19  569.71 (8) D   
Deferred Compensation Phantom Stock (4)  (5) 1/7/2005    A     502.35 (6)      (5)  (5) Common Stock  502.35  $36.98  1083.89 (9) D   

Explanation of Responses:
(1)  Represents the weighted average sales price for increments ranging from $162.25 to $162.75. 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.
(2)  Represents the weighted average sales price for increments ranging from $163.00 to $163.25. 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.
(3)  The Reporting Person disclaims beneficial ownership of these shares.
(4)  This Form 4 is also being filed to report the acquisition of Deferred Compensation Phantom Stock units, which were inadvertently not reported at the time the reporting person made a contribution to one of the Company's deferred compensation plans.
(5)  Pursuant to the terms of the plan, the executive will receive distribution of his deferred compensation account in cash following termination of his employment with the Company.
(6)  Represents the approximate number of shares of Travelers Common Stock underlying the hypothetical investment of deferred compensation pursuant to one of the Company's deferred compensation plans.
(7)  Includes 0.80 shares of Travelers Common Stock underlying Deferred Compensation Phantom Stock units acquired from July 9, 2003 to the date of the reported transaction pursuant to the dividend reinvestment feature of the deferred compensation plan.
(8)  Includes 7.83 shares of Travelers Common Stock underlying Deferred Compensation Phantom Stock units acquired from January 7, 2004 to the date of the reported transaction pursuant to the dividend reinvestment feature of the deferred compensation plan.
(9)  Includes 11.83 shares of Travelers Common Stock underlying Deferred Compensation Phantom Stock units acquired from July 7, 2004 to the date of the reported transaction pursuant to the dividend reinvestment feature of the deferred compensation plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HEYMAN WILLIAM H
THE TRAVELERS COMPANIES, INC.
385 WASHINGTON STREET
ST. PAUL, MN 55102


Vice Chairman

Signatures
/s/Wendy C. Skjerven, by power of attorney 8/27/2021
**Signature of Reporting Person Date
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