STOCK TITAN

Chubb (CB) EVP Ortega exercises options then sells 3,886 common shares

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

Rhea-AI Filing Summary

Chubb Ltd Executive Vice President Juan Luis Ortega reported an exercise-and-sell transaction involving company common shares. On June 8, 2026, he exercised options to acquire 3,886 Common Shares at an exercise price of $139.01 per share and then sold the same number of shares in an open-market sale at a price of $322.08 per share.

Following these transactions, Ortega directly owned 28,858.93 Common Shares. A related option footnote indicates there are 1,438 options remaining in this option tranche, with these options originally vesting in thirds between 2018 and 2020 and expiring on February 23, 2027.

Positive

  • None.

Negative

  • None.

Insights

Routine option exercise-and-sale by Chubb EVP with modest net share reduction.

The filing shows Executive Vice President Juan Luis Ortega exercising options for 3,886 Common Shares at $139.01 per share and selling the same amount at $322.08. This is a classic exercise-and-sell pattern, converting an option award into cash rather than an open-market share purchase.

After the transactions, Ortega held 28,858.93 Common Shares directly, so the sale represents a partial trim rather than a full exit. A footnote notes 1,438 options remaining in this tranche, with expiration on February 23, 2027, and also references additional option tranches. Overall, this looks like routine management of equity compensation rather than a directional bet on Chubb Ltd’s outlook.

Insider Ortega Juan Luis
Role Executive Vice President*
Sold 3,886 shs ($1.25M)
Type Security Shares Price Value
Exercise Options to Acquire Common Shares 3,886 $0.00 --
Exercise Common Shares 3,886 $139.01 $540K
Sale Common Shares 3,886 $322.08 $1.25M
Holdings After Transaction: Options to Acquire Common Shares — 60,234 shares (Direct, null); Common Shares — 32,744.93 shares (Direct, null)
Footnotes (1)
  1. The Common Shares reported herein as being sold were sold at the same price. Options vested as follows: 1/3 on February 23, 2018, 1/3 on February 23, 2019 and 1/3 on February 23, 2020. There are 1,438 options remaining in this tranche. Total includes options from other tranches with different exercise prices, vesting and expiration dates.
Shares sold 3,886 shares Common Shares sold on June 8, 2026
Sale price $322.08 per share Open-market sale price on June 8, 2026
Option exercise price $139.01 per share Exercise price for 3,886 options
Shares after transaction 28,858.93 shares Common Shares directly owned after transactions
Remaining options in tranche 1,438 options Options remaining in this tranche after exercise
Option expiration February 23, 2027 Expiration date for this option tranche
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Options to Acquire Common Shares financial
"security_title: "Options to Acquire Common Shares""
exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
vesting financial
"Options vested as follows: 1/3 on February 23, 2018, 1/3 on February 23, 2019 and 1/3 on February 23, 2020."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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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*
Ortega Juan Luis

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President*
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
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 Shares06/08/2026M3,886A$139.0132,744.93D
Common Shares06/08/2026S3,886D$322.08(1)28,858.93D
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
Options to Acquire Common Shares$139.0106/08/2026M3,886 (2)02/23/2027Common Shares3,886$060,234(3)D
Explanation of Responses:
1. The Common Shares reported herein as being sold were sold at the same price.
2. Options vested as follows: 1/3 on February 23, 2018, 1/3 on February 23, 2019 and 1/3 on February 23, 2020.
3. There are 1,438 options remaining in this tranche. Total includes options from other tranches with different exercise prices, vesting and expiration dates.
Remarks:
* Chubb Group and President, North America Insurance
/s/ Samantha Froud, Attorney-in-Fact06/10/2026
** 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 insider transaction did Chubb (CB) report for Juan Luis Ortega?

Chubb Executive Vice President Juan Luis Ortega exercised options for 3,886 Common Shares at $139.01 and sold 3,886 shares at $322.08 on June 8, 2026, in an open-market transaction.

How many Chubb (CB) shares does Juan Luis Ortega hold after this Form 4?

After the reported transactions, Juan Luis Ortega directly holds 28,858.93 Chubb Common Shares. This reflects his position following the June 8, 2026 option exercise and matching open-market sale of 3,886 shares.

Was the Chubb (CB) insider trade an option exercise-and-sell transaction?

Yes. Ortega exercised stock options to acquire 3,886 Chubb Common Shares at $139.01 per share and then sold the same 3,886 shares at $322.08 per share on the same date, June 8, 2026.

What is the exercise price and expiration for the Chubb (CB) options in this filing?

The options exercised had an exercise price of $139.01 per share and expire on February 23, 2027. Footnotes explain they vested in thirds on February 23, 2018, 2019, and 2020, with 1,438 options remaining in this tranche.

How many Chubb (CB) options remain in Juan Luis Ortega’s reported tranche?

The filing notes there are 1,438 options remaining in this particular tranche for Juan Luis Ortega. It also states the total option figure includes additional tranches with different exercise prices, vesting schedules, and expiration dates.