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Chubb (CB) director granted 757 shares; 193 withheld to cover tax

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

Rhea-AI Filing Summary

Chubb Ltd director David H. Sidwell reported routine equity compensation and related tax withholding. He received a grant of 757 Common Shares as a restricted stock award for director fees under a Chubb long-term incentive plan that meets Rule 16b-3 requirements. The restricted stock will vest on the day of the next annual shareholders meeting, assuming he remains a director. To cover tax liability, 193 Common Shares were withheld at a reference price of $330.26 per share. After these transactions, he directly holds 15,514 Common Shares.

Positive

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Insider SIDWELL DAVID H
Role null
Type Security Shares Price Value
Grant/Award Common Shares 757 $0.00 --
Tax Withholding Common Shares 193 $330.26 $64K
Holdings After Transaction: Common Shares — 15,514 shares (Direct, null)
Footnotes (1)
  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.
Restricted shares granted 757 Common Shares Restricted stock award as director fees
Shares withheld for taxes 193 Common Shares Withheld to pay tax liability
Tax withholding reference price $330.26 per share Value used for 193-share tax withholding
Shares held after grant 15,514 Common Shares Direct holdings following reported transactions
Transaction code F shares 193 shares Form 4 code F, tax-withholding disposition
Transaction code A shares 757 shares Form 4 code A, grant or award acquisition
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.
Rule 16b-3 regulatory
"long-term incentive plan (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.
long-term incentive plan financial
"Restricted stock award 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.
tax liability financial
"Common Shares being withheld in order to pay tax liability."
SEC Form 4
FORM 4UNITED 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*
SIDWELL DAVID H

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

(Street)
HAMILTONBERMUDAHM 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares05/21/2026A(1)757A(1)15,514D
Common Shares05/21/2026F(2)193D$330.2615,321D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-Fact05/26/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Chubb (CB) director David H. Sidwell report in this Form 4?

David H. Sidwell reported a routine equity compensation event. He received 757 Chubb Common Shares as a restricted stock award and had 193 shares withheld to cover tax liabilities, ending with 15,514 Common Shares held directly.

How many Chubb (CB) shares were granted to director David H. Sidwell?

He was granted 757 Chubb Common Shares as a restricted stock award. The award was issued as director fees under a Chubb long-term incentive plan and is scheduled to vest at the next annual shareholders meeting, assuming he continues serving as a director.

Why were 193 Chubb (CB) shares withheld from David H. Sidwell?

193 Common Shares were withheld to pay tax liabilities related to the stock award. The shares were valued at $330.26 per share for this tax-withholding transaction, which is a standard non-open-market mechanism rather than a discretionary sale.

What is David H. Sidwell’s Chubb (CB) share ownership after these transactions?

Following the reported grant and tax withholding, David H. Sidwell directly holds 15,514 Chubb Common Shares. This figure reflects his updated position after receiving 757 restricted shares and having 193 shares withheld for tax obligations on the same date.

When will David H. Sidwell’s restricted Chubb (CB) shares vest?

The restricted stock award will vest on the day of Chubb’s next annual shareholders meeting. Vesting is conditioned on David H. Sidwell still serving as a director on that date, according to the terms of the long-term incentive plan.