Chubb (CB) director Nelson Chai gets 681-share stock award, 193 withheld for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chubb Ltd director Nelson Chai reported routine equity compensation activity. On May 21, 2026, he received a grant of 681 common shares as a restricted stock award under a Chubb long-term incentive plan. On the same date, 193 common shares were withheld at $330.26 per share to cover tax liabilities. Following these transactions, Chai directly holds 1,990 common shares. The restricted stock will vest on the day of the next annual Chubb shareholders meeting, assuming he remains a director on that date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Chai Nelson

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	681	$0.00	--
Tax Withholding	Common Shares	193	$330.26	$64K

Holdings After Transaction: Common Shares — 1,990 shares (Direct, null)

Footnotes (1)

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. Common Shares being withheld in order to pay tax liability.

Key Figures

Restricted stock grant: 681 shares Shares withheld for taxes: 193 shares Withholding price: $330.26/share +2 more

5 metrics

Restricted stock grant 681 shares Common shares granted as director fees on May 21, 2026

Shares withheld for taxes 193 shares Common shares withheld to pay tax liability on May 21, 2026

Withholding price $330.26/share Price used for 193-share tax-withholding disposition

Post-transaction holdings 1,990 shares Common shares directly owned after transactions

Tax-withholding shares 193 shares Classified as payment of tax liability by delivering securities

Key Terms

Restricted stock award, long-term incentive plan, Rule 16b-3, tax liability

4 terms

Restricted stock award financial

"Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

long-term incentive plan financial

"under a Chubb Limited long-term incentive plan (the "Plan")"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Rule 16b-3 regulatory

"the "Plan", which meets the requirements of Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

tax liability financial

"Common Shares being withheld in order to pay tax liability"

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 04:20 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chai Nelson

(Last)

(First)

(Middle)

THE CHUBB BUILDING

17 WOODBOURNE AVENUE

(Street)

HAMILTON

BERMUDA

HM 08

(City)

(State)

(Zip)

BERMUDA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Chubb Ltd [ CB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	05/21/2026		A⁽¹⁾		681	A	⁽¹⁾	1,990	D
Common Shares	05/21/2026		F⁽²⁾		193	D	$330.26	1,797	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. Common Shares being withheld in order to pay tax liability.

	/s/ Samantha Froud, Attorney-in-Fact	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Chubb (CB) director Nelson Chai report?

Nelson Chai reported a routine equity compensation event. He received a grant of 681 Chubb common shares and had 193 shares withheld to cover tax liabilities, both dated May 21, 2026.

How many Chubb (CB) shares does Nelson Chai hold after this Form 4?

After these transactions, Nelson Chai directly holds 1,990 Chubb common shares. This figure reflects the net position after receiving 681 restricted shares and 193 shares being withheld for taxes.

What is the nature of the 681 Chubb (CB) shares granted to Nelson Chai?

The 681 shares are a restricted stock award granted as director fees under a Chubb long-term incentive plan. The award is compensation, not an open-market purchase, and was issued at a stated price of $0.00 per share.

When will Nelson Chai’s restricted Chubb (CB) shares vest?

The restricted stock will vest on the day of the next annual Chubb shareholders meeting. Vesting is conditional on Nelson Chai continuing to serve as a director on that meeting date.

Why were 193 Chubb (CB) shares disposed of in Nelson Chai’s Form 4?

The 193 shares were withheld by Chubb to pay Nelson Chai’s related tax liability. This is a tax-withholding disposition, not an open-market sale, and is common with stock-based compensation awards.