Chubb (CB) EVP McNamee has 103 shares withheld to cover taxes
Rhea-AI Filing Summary
Chubb Ltd Executive Vice President Paul McNamee reported a tax-related share disposition. On this Form 4, 103 Common Shares were withheld at $338.30 per share to cover a tax liability, leaving him with 20,283 Common Shares held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 103 shares
Net Sell
1 txn
Insider
McNamee Paul
Role
Executive Vice President*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 103 | $338.30 | $35K |
Holdings After Transaction:
Common Shares — 20,283 shares (Direct)
Footnotes (1)
- F1. Common Shares withheld to pay tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Chubb (CB) report for Paul McNamee?
Chubb Executive Vice President Paul McNamee reported a tax-related disposition of 103 Common Shares. The shares were withheld at $338.30 each to satisfy a tax liability, a routine Form 4 event rather than an open-market purchase or sale.
What does transaction code F mean in Paul McNamee’s Chubb (CB) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 103 Chubb Common Shares were withheld to satisfy McNamee’s tax liability rather than being sold in the open market.