Chubb director Nelson Chai receives stock grant
Chubb Ltd director Nelson Chai received a grant of 681 common shares as a restricted stock award under a long-term incentive plan that qualifies under Rule 16b-3.
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Rhea-AI Filing Summary
Chubb Ltd director Nelson Chai received a grant of 681 common shares as a restricted stock award under a long-term incentive plan that qualifies under Rule 16b-3. On the same date, 193 common shares were withheld at $330.26 per share to cover tax liabilities, leaving 1,797 common shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 681 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 193 | $330.26 | $64K |
Footnotes (2)
- F1. Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.
- F2. Common Shares being withheld in order to pay tax liability.
Key Figures
Key Terms
restricted stock award financial
long-term incentive plan financial
Rule 16b-3 financial
tax liability financial
FAQ
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What insider stock award did Nelson Chai report for Chubb (CB)?
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