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Chubb (NYSE: CB) EVP reports 264-share tax withholding disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chubb Ltd Executive Vice President Timothy Alan Boroughs reported a tax-related share transaction. On this Form 4, 264 common shares were withheld on February 23, 2026 at $333.39 per share to satisfy tax liabilities, rather than sold in the open market. After this disposition, he directly owns 11,546 common shares. The filing also notes indirect ownership of 1,585 shares through a family foundation, 36,447 shares through a trust, and 36,446 shares through his wife's trust.

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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*
BOROUGHS TIMOTHY ALAN

(Last) (First) (Middle)
THE CHUBB BUILDING
17 WOODBOURNE AVENUE

(Street)
HAMILTON D0 HM 08

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Chubb Ltd [ CB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President*
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares 02/23/2026 F 264(1) D $333.39 11,546 D
Common Shares 1,585 I Family Foundation
Common Shares 36,447 I By Trust
Common Shares 36,446 I By Wife's Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Common Shares withheld to pay tax liability.
Remarks:
*& Chief Investment Officer, Chubb Limited
/s/ Samantha Froud, Attorney-in-Fact 02/25/2026
** 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.

FAQ

What insider transaction did Chubb (CB) report for Timothy Alan Boroughs?

Chubb Executive Vice President Timothy Alan Boroughs reported 264 common shares being withheld to cover tax liabilities. The shares were valued at $333.39 each and were not sold on the open market, reflecting a routine tax-withholding disposition rather than a discretionary share sale.

Was the Chubb (CB) insider transaction an open-market sale of shares?

No, the transaction was a tax-withholding disposition, not an open-market sale. 264 Chubb common shares were withheld at $333.39 per share to satisfy tax liabilities associated with equity compensation, as indicated by the Form 4 code F and related footnote disclosure.

How many Chubb (CB) shares does Timothy Alan Boroughs own after this Form 4?

Following the tax-withholding transaction, Timothy Alan Boroughs directly owns 11,546 Chubb common shares. The filing also reports indirect holdings of 1,585 shares via a family foundation, 36,447 shares via a trust, and 36,446 shares via his wife's trust.

What does transaction code F mean in the Chubb (CB) Form 4 filing?

Transaction code F in this Chubb Form 4 indicates payment of a tax liability or exercise price by delivering securities. Here, 264 common shares were withheld at $333.39 per share to cover tax obligations linked to Boroughs' equity compensation awards.

How significant is the 264-share tax withholding for Chubb (CB) investors?

The 264-share tax withholding is a relatively small, routine administrative event. It reflects standard treatment of equity compensation, where a portion of shares is withheld to pay taxes, and does not indicate a discretionary decision to reduce economic exposure to Chubb stock.
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