Chubb director gets stock grant, pays taxes

Chubb Ltd director Olivier Steimer reported routine equity compensation activity.

Accepted by SEC EDGAR 05/26/2026 - 04:20 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Chubb Ltd director Olivier Steimer reported routine equity compensation activity. He received a grant of 681 Common Shares as a restricted stock award under a Chubb long-term incentive plan, with no cash paid per share. On the same date, 41 Common Shares were withheld to cover tax liability at a price of $330.26 per share. After these transactions, he directly holds 26,119.51 Common Shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Steimer Olivier

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	681	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	41	$330.26	$14K

Holdings After Transaction: Common Shares — 26,119.51 shares (Direct)

Holdings Before and After: Common Shares, 25,479.51 to 26,119.51 shares (Direct)

Footnotes (3)

1. 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.
2. F2. Total includes 11.74 shares credited on April 6, 2026 to the reporting person's deferred stock account pursuant to the dividend investment provisions of the Plan, which meets the requirements of Rule 16b-3.
3. F3. Common Shares being withheld in order to pay tax liability.

Key Figures

Restricted stock grant: 681 shares Grant price: $0.00 per share Tax-withholding shares: 41 shares +3 more

6 metrics

Restricted stock grant 681 shares Common Shares granted as director fees on May 21, 2026

Grant price $0.00 per share Stated price for restricted stock award

Tax-withholding shares 41 shares Common Shares withheld to pay tax liability

Tax-withholding price $330.26 per share Value per share for 41 withheld shares

Shares after grant 26,160.51 shares Direct Common Share holdings following transactions

Deferred stock credit 11.74 shares Credited April 6, 2026 via dividend investment provisions

Key Terms

restricted stock award, long-term incentive plan, Rule 16b-3, deferred stock account, +2 more

6 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

"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.

Rule 16b-3 regulatory

"under a Chubb Limited 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.

deferred stock account financial

"Total includes 11.74 shares credited on April 6, 2026 to the reporting person's deferred stock account"

dividend investment provisions financial

"credited on April 6, 2026 to the reporting person's deferred stock account pursuant to the dividend investment provisions of the Plan"

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 transactions did Chubb (CB) director Olivier Steimer report?

Olivier Steimer reported a routine equity award and related tax withholding. He received 681 Common Shares as a restricted stock grant and had 41 shares withheld to satisfy tax liability, both dated May 21, 2026.

How many Chubb (CB) shares were granted to Olivier Steimer in this Form 4?

Steimer was granted 681 Common Shares at a stated price of $0.00 per share. The filing describes this as a restricted stock award granted as director fees under a Chubb Limited long-term incentive plan meeting Rule 16b-3 requirements.

Why were 41 Chubb (CB) shares disposed of in Steimer’s Form 4?

The 41 Common Shares were withheld to pay Steimer’s tax liability. The filing labels this as a tax-withholding disposition, noting that the shares were withheld at $330.26 per share rather than sold in an open-market transaction.

What is Olivier Steimer’s Chubb (CB) shareholding after these transactions?

After the reported grant and tax withholding, Steimer directly holds 26,160.51 Common Shares. A footnote also notes 11.74 shares credited to his deferred stock account from dividend reinvestment under the same long-term incentive plan.

How do the Chubb (CB) restricted stock awards for Steimer vest?

The restricted stock will vest on the day of the next Chubb Limited annual shareholders meeting. Vesting is conditioned on Steimer continuing to serve as a director of Chubb Limited on that meeting date, according to the filing’s footnote.

What plan governs Olivier Steimer’s Chubb (CB) stock grant and credits?

Both the restricted stock award and dividend-based share credits come under a Chubb Limited long-term incentive plan. The filing states this plan meets Rule 16b-3, which provides conditions for equity compensation to insiders under securities regulations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Steimer Olivier

(Last) (First) (Middle)

THE CHUBB BUILDING

17 WOODBOURNE AVENUE

(Street)

HAMILTON BERMUDA HM 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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/21/2026		A(1)		681	A	(1)	26,160.51(2)	D
Common Shares	05/21/2026		F(3)		41	D	$330.26	26,119.51	D

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. 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. Total includes 11.74 shares credited on April 6, 2026 to the reporting person's deferred stock account pursuant to the dividend investment provisions of the Plan, which meets the requirements of Rule 16b-3.

3. Common Shares being withheld in order to pay tax liability.

	/s/ Samantha Froud, Attorney-in-Fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)