Chubb (NYSE: CB) CAO has 103 common shares withheld for tax liability
Rhea-AI Filing Summary
Chubb Ltd Chief Accounting Officer George F. Ohsiek reported a Form 4 transaction involving company common shares. On the transaction date, 103 common shares at $338.3000 per share were withheld to pay a tax liability, as noted in the footnote. After this tax-withholding disposition, he directly owned 17,857.456 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 103 shares
Net Sell
1 txn
Insider
Ohsiek George F.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 103 | $338.30 | $35K |
Holdings After Transaction:
Common Shares — 17,857.456 shares (Direct)
Footnotes (1)
- F1. Common Shares withheld to pay tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Chubb (CB) report for George F. Ohsiek?
Chubb reported that Chief Accounting Officer George F. Ohsiek had 103 common shares withheld. These shares were applied to satisfy a tax liability, according to the Form 4 footnote describing the transaction as common shares withheld to pay tax liability.
What does the Form 4 footnote say about George F. Ohsiek’s Chubb (CB) transaction?
The Form 4 footnote states that the common shares were withheld to pay tax liability. This clarifies that the reported disposition of 103 shares was for tax-withholding purposes, consistent with the transaction code and description in the filing.