Performance stock unit awards for Chubb (NYSE: CB) EVP

Rhea-AI Filing Summary

BOROUGHS TIMOTHY ALAN reported acquisition or exercise transactions in this Form 4 filing.

Chubb Ltd Executive Vice President Timothy Alan Boroughs reported awards of performance stock units (PSUs) under the Chubb Limited 2016 Long-Term Incentive Plan. He received two PSU grants of 8,607 units each, including a premium performance award, with each PSU representing a contingent right to receive one common share.

The PSUs vest, in whole or in part, only if specific service and performance criteria are met, on the later of the third anniversary of the grant date and certification of performance for the three-year period. Any PSUs that fail to vest will be cancelled, and dividends will be accumulated and paid only to the extent the PSUs ultimately vest. The total reported holdings also include previously reported PSUs from other tranches with different vesting and expiration dates.

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^*

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)
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

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	8,607		(1)	(1)	Common Shares	8,607	$0(1)	8,607	D
Performance Stock Units	$0	03/02/2026		A	V	8,607		(2)	(2)	Common Shares	8,607	$0(2)	17,214	D
Performance Stock Units	$0							(3)	(3)	Common Shares	(3)		34,484(3)	D

Explanation of Responses:

1. 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.

2. 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.

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

Remarks:

*& Chief Investment Officer, Chubb Limited

	/s/ Samantha Froud, Attorney-in-Fact	03/04/2026
	** 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).
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FAQ

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

Chubb reported that Executive Vice President Timothy Alan Boroughs received awards of performance stock units (PSUs). These PSU grants were made under the Chubb Limited 2016 Long-Term Incentive Plan and increase his contingent right to receive Chubb common shares, subject to vesting conditions.

How many performance stock units were granted to the Chubb (CB) executive?

Timothy Alan Boroughs was granted two awards of 8,607 performance stock units each. These PSUs, including a premium performance award, are contingent rights to receive Chubb common shares if multi-year service and performance conditions are satisfied and will be cancelled if they do not vest.

What are the vesting conditions for the Chubb (CB) performance stock units?

The performance stock units vest, in whole or in part, only after certain service and performance criteria are met. Vesting occurs on the later of the third anniversary of the award date and certification of performance over a three-year period; unvested PSUs are cancelled.

How do dividends work on the Chubb (CB) performance stock units granted?

Dividends on the performance stock units are not paid currently. Instead, dividends are accumulated and distributed only when, and to the extent that, the PSUs have vested. If PSUs fail to vest and are cancelled, the associated accumulated dividends are not paid to the holder.

What does each performance stock unit represent for Chubb (CB) awards?

Each performance stock unit represents a contingent right to receive one Chubb common share. This right only becomes effective if the specified service and performance-based vesting conditions are met over the defined three-year performance period and after certification of those results.

Do the reported Chubb (CB) holdings include other performance stock units?

Yes. The total reported includes previously reported performance stock units from other tranches. These earlier tranches may have different vesting schedules and expiration dates, but they are aggregated in the total PSU holdings disclosed for Timothy Alan Boroughs.