Chubb (NYSE: CB) awards stock and performance units to President Keogh

Rhea-AI Filing Summary

Keogh John W reported acquisition or exercise transactions in this Form 4 filing.

Chubb Ltd reported that President and COO John W. Keogh received equity awards on March 2, 2026 under the Chubb Limited 2016 Long-Term Incentive Plan. He was granted performance stock units in two tranches of 21,663 units each and common shares in two tranches of 7,221 shares each, all at no cash cost. These awards vest, in whole or in part, only if specific multi‑year service and performance criteria are met after a three-year performance period, with non‑vested PSUs cancelled. Each PSU represents a contingent right to one common share, and dividends on both PSUs and restricted stock accumulate and are paid only upon vesting. Following these awards, Keogh directly held 260,910.670 common shares, and 9,792.670 common shares were held indirectly through his daughter’s trust as of that date.

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

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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^*

Keogh John W

(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)
	President &COO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		A		7,221	A	$0	253,689.67(1)	D
Common Shares	03/02/2026		A		7,221	A	$0	260,910.67(2)	D
Common Shares								9,792.66	I	By Daughter's Trust
Common Shares								9,792.67	I	By Daughter'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
Performance Stock Units	$0	03/02/2026		A	V	21,663		(3)	(3)	Common Shares	21,663	$0(3)	21,663	D
Performance Stock Units	$0	03/02/2026		A	V	21,663		(4)	(4)	Common Shares	21,663	$0(4)	43,326	D
Performance Stock Units	$0							(5)	(5)	Common Shares	(5)		91,514(5)	D

Explanation of Responses:

1. Restricted stock award pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). Stock vests, in whole or in part, subject to the satisfaction of certain service and performance-based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance-based criteria for the three-year performance period. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

2. Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance-based restricted stock awards described above. Stock vests, in whole or in part, subject to the satisfaction of certain service and performance-based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance-based criteria for the three-year performance period. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

3. Award of performance stock units ("PSUs") pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan") that vests, in whole or in part, subject to the satisfaction of certain service and performance based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance based criteria for the three-year performance period. Each PSU represents a contingent right to receive one Common Share, and any PSUs that do not vest will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested.

4. Award of PSUs pursuant to the Plan representing a premium performance award with respect to the PSUs described above that vests, in whole or in part, subject to the satisfaction of certain service and performance based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance based criteria for the three-year performance period. Each PSU represents a contingent right to receive one Common Share, and any PSUs that do not vest will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested.

5. Total includes previously reported PSUs from other tranches with different vesting and expiration dates.

	/s/ Samantha Froud, Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
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FAQ

What equity awards did Chubb (CB) grant to John W. Keogh?

Chubb granted John W. Keogh two tranches of 21,663 performance stock units and two tranches of 7,221 common shares. All awards were made at no cash cost as part of the Chubb Limited 2016 Long-Term Incentive Plan.

How do the performance stock units for Chubb (CB) executive Keogh vest?

The performance stock units vest only if service and performance criteria are satisfied after a three-year performance period. Vesting occurs on the later of the third anniversary of the award date and certification that the performance-based criteria have been met.

What does each Chubb (CB) performance stock unit awarded to Keogh represent?

Each performance stock unit represents a contingent right to receive one Chubb common share. Any PSUs that fail to satisfy the service and performance-based vesting criteria after the three-year performance period will be cancelled and will not convert into shares.

How are dividends handled on Chubb (CB) restricted stock and PSUs granted to Keogh?

Dividends on both restricted stock and performance stock units are accumulated rather than paid currently. They are distributed only when, and to the extent that, the related shares or PSUs have vested under the plan’s service and performance conditions.

What were John W. Keogh’s Chubb (CB) share holdings after these awards?

After the awards, John W. Keogh directly held 260,910.670 Chubb common shares, and 9,792.670 common shares were held indirectly through his daughter’s trust. These totals include previously reported holdings alongside the new grants recorded on March 2, 2026.

What is a premium performance award in Chubb (CB)’s long-term incentive plan?

A premium performance award is an additional tranche of restricted stock or PSUs linked to prior performance-based awards. It vests, in whole or in part, only if heightened service and performance-based criteria are satisfied over the same three-year performance period and subsequent certification.