Chubb (CB) Chief Risk Officer has 119 shares withheld to cover taxes
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
Net Seller: 119 shares
Net Sell
1 txn
Insider
O'Brien Frances D.
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 119 | $336.85 | $40K |
Holdings After Transaction:
Common Shares — 41,168 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) 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.