Chubb (CB) CAO Ohsiek reports 90-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chubb Ltd’s Chief Accounting Officer, George F. Ohsiek, reported an automatic share disposition related to taxes. On this Form 4, 90 common shares were withheld at a price of $333.39 per share to cover a tax liability, rather than being sold in the open market. After this tax-withholding transaction, Ohsiek directly holds a reported total of 16,926.456 Chubb common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ohsiek George F.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 90 | $333.39 | $30K |
Holdings After Transaction:
Common Shares — 16,926.456 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Chubb (CB) report for George F. Ohsiek?
Chubb reported that Chief Accounting Officer George F. Ohsiek had 90 common shares withheld to satisfy a tax liability. This was a tax-withholding disposition, not an open-market trade, and followed an equity-related event that triggered the tax obligation.
Was George F. Ohsiek’s Chubb (CB) transaction a market sale?
No. The filing describes a tax-withholding disposition, where 90 shares were withheld to pay Ohsiek’s tax liability. This means the shares were not sold in the open market but used to settle taxes tied to his equity compensation.
What does transaction code F mean in the Chubb (CB) Form 4?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 90 Chubb common shares were withheld from George F. Ohsiek to satisfy taxes arising from an equity-related event, rather than being voluntarily sold.