Chubb director Scully granted 1,256 shares, withholds 356
Chubb Ltd director Robert W. Scully received an award of 1,256 Common Shares on May 21, 2026, and on the same date 356 shares were disposed of to cover tax obligations at $330.2600 per share.
Rhea-AI Filing Summary
Chubb Ltd director Robert W. Scully received an award of 1,256 Common Shares on May 21, 2026, and on the same date 356 shares were disposed of to cover tax obligations at $330.2600 per share. After these transactions he directly owns 20,397 Common Shares and indirectly holds 3,435 shares through the Robert W Scully 2015 Revocable Trust. Footnotes describe a restricted stock award granted as director fees under a long-term incentive plan that is scheduled to vest at the next annual shareholders meeting if he continues serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SCULLY ROBERT W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,256 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 356 | $330.26 | $118K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 20,397 shares (Direct);
Common Shares — 3,435 shares (Indirect, By Robert W Scully 2015 Revocable Trust)
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
Stock award shares: 1,256 Common Shares
Tax withholding shares: 356 Common Shares
Tax withholding price: $330.2600 per share
+2 more
5 metrics
Stock award shares
1,256 Common Shares
Non-derivative acquisition for director Robert W. Scully on May 21, 2026
Tax withholding shares
356 Common Shares
Shares disposed of in a tax-withholding transaction on May 21, 2026
Tax withholding price
$330.2600 per share
Per-share price for the 356-share tax-withholding disposition
Direct holdings after transactions
20,397 Common Shares
Common Shares held directly by Robert W. Scully after the reported transactions
Indirect trust holdings
3,435 Common Shares
Common Shares held indirectly via the Robert W Scully 2015 Revocable Trust
Key Terms
restricted stock award, long-term incentive plan, Rule 16b-3, revocable trust, +1 more
5 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
"granted as director fees under a Chubb Limited long-term incentive 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
"long-term incentive 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.
revocable trust financial
"By Robert W Scully 2015 Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
tax liability financial
"Common Shares being withheld in order to pay tax liability"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Chubb (CB) report for director Robert W. Scully?
Chubb reported that Robert W. Scully received an award of 1,256 Common Shares on May 21, 2026. On the same date, 356 shares were disposed of in a tax-related transaction at $330.2600 per share, according to the disclosed data and footnotes.
How will Robert W. Scully’s restricted stock award in Chubb (CB) vest?
Footnotes state that a restricted stock award was granted as director fees under a Chubb long-term incentive plan. This award is scheduled to vest on the day of the next annual shareholders meeting, assuming Robert W. Scully remains a director on that date.
Were Robert W. Scully’s Chubb (CB) transactions made under a Rule 10b5-1 plan?
The disclosure indicates the Rule 10b5-1 affirmation box is not checked, and the footnotes do not describe any Rule 10b5-1 trading plan. The reported stock award and tax-withholding disposition are therefore not characterized as occurring under such a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
