Chubb (CB) Chief Risk Officer has 119 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chubb Ltd Chief Risk Officer Frances D. O'Brien reported a small insider transaction involving company common shares. On this date, 119 common shares were withheld at a price of $336.85 per share to cover a tax liability, as disclosed in the footnote. After this tax-withholding disposition, O'Brien's directly held position in Chubb common shares was 41,168 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Brien Frances D.
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 119 | $336.85 | $40K |
Holdings After Transaction:
Common Shares — 41,168 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Chubb (CB) disclose for Frances D. O'Brien?
Chubb reported that Chief Risk Officer Frances D. O'Brien had 119 common shares withheld to cover a tax liability. This tax-withholding disposition reduced her direct holdings to 41,168 Chubb common shares after the transaction.
Was the Chubb (CB) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The filing shows 119 Chubb common shares were withheld to pay a tax liability, categorized as a tax-withholding disposition rather than a discretionary sale into the market.
What does transaction code "F" mean in the Chubb (CB) Form 4?
Transaction code "F" on the Chubb Form 4 indicates payment of an exercise price or tax liability by delivering securities. In this case, 119 common shares were withheld from Frances D. O'Brien to satisfy a tax liability obligation.