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Chubb (CB) CEO Greenberg reports tax withholding and forfeited stock awards

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chubb Ltd Chairman & CEO Evan G. Greenberg reported non-market share changes related to compensation awards. On Common Shares, 73,555 shares were disposed of at $330.26 per share to cover tax liabilities, and 11,253 restricted shares were forfeited because performance criteria were only partially met. After these entries, he directly holds 461,791 common shares, with additional indirect holdings of 41,564 shares through a daughter’s trust and 136 shares held by his wife.

Positive

  • None.

Negative

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Insights

These entries reflect routine compensation and tax mechanics, not open-market selling.

The filing shows two dispositions in Chubb Ltd common shares tied to equity awards. An F-code transaction withheld 73,555 shares at $330.26 per share to satisfy tax obligations, a standard non-market mechanism.

A separate D-code entry for 11,253 shares reflects forfeited restricted stock due to only partial satisfaction of performance criteria under the 2016 long-term incentive plan. Following these changes, Greenberg still holds 535,346 shares directly, plus indirect family holdings, indicating these are administrative adjustments rather than active trading decisions.

Insider GREENBERG EVAN G
Role Chairman & CEO
Type Security Shares Price Value
Disposition Common Shares 11,253 $0.00 $0.00
Exercise Price or Tax Liability Common Shares 73,555 $330.26 $24.29M
holding Common Shares -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 461,791 shares (Direct); Common Shares — 136 shares (Indirect, By Wife); Common Shares — 41,564 shares (Indirect, By Daughter's Trust)
Footnotes (2)
  1. F1. Represents the amount of restricted stock forfeited due to partial satisfaction of certain performance based criteria of restricted stock awarded pursuant to the Chubb Limited 2016 Long-Term Incentive Plan.
  2. F2. Common Shares being withheld in order to pay tax liability.
Tax-withholding shares 73,555 shares Withheld to pay tax liability at $330.26 per share
Tax-withholding price $330.26/share Price for 73,555 shares used to satisfy tax liability
Forfeited restricted stock 11,253 shares Cancelled due to partial satisfaction of performance criteria
Direct holdings after transactions 535,346 shares Common shares directly held by Evan G. Greenberg
Daughter’s trust holdings 41,564 shares Indirect ownership via daughter’s trust
Wife’s holdings 136 shares Indirect ownership via wife
restricted stock financial
"Represents the amount of restricted stock forfeited due to partial satisfaction of certain performance based criteria"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
performance based criteria financial
"forfeited due to partial satisfaction of certain performance based criteria of restricted stock awarded"
2016 Long-Term Incentive Plan financial
"restricted stock awarded pursuant to the Chubb Limited 2016 Long-Term Incentive Plan"
tax liability financial
"Common Shares being withheld in order to pay tax liability"
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer"

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

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FAQ

What insider transactions did Chubb (CB) report for Evan Greenberg?

Chubb reported two non-market dispositions by Evan Greenberg. 73,555 common shares were withheld to pay tax liabilities, and 11,253 restricted shares were forfeited after only partial performance goal satisfaction under the 2016 long-term incentive plan.

Did Evan Greenberg sell Chubb (CB) shares on the open market?

No open-market sales are shown. The Form 4 lists an F-code tax-withholding disposition of 73,555 shares and a D-code forfeiture of 11,253 restricted shares to the issuer, both tied to compensation and performance conditions, not discretionary market selling.

How many Chubb (CB) shares does Evan Greenberg hold after these transactions?

After these entries, Evan Greenberg directly holds 535,346 Chubb common shares. He also has indirect exposure to 41,564 shares through a daughter’s trust and 136 shares held by his wife, according to the reported ownership details.

What does the tax-withholding transaction mean in the Chubb (CB) Form 4?

The F-code transaction shows 73,555 Chubb common shares withheld at $330.26 per share to cover tax liabilities. This is a standard non-cash method where shares from an equity award satisfy taxes instead of the insider paying cash to the company.

Why were some of Evan Greenberg’s Chubb (CB) restricted shares forfeited?

The filing notes 11,253 restricted shares were forfeited because performance-based criteria were only partially satisfied under the Chubb Limited 2016 Long-Term Incentive Plan. When targets are not fully met, a portion of performance-linked restricted stock can be cancelled.
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*
GREENBERG EVAN G

(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)
Chairman & CEO
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 Shares05/21/2026D(1)11,253D$0535,346D
Common Shares05/21/2026F(2)73,555D$330.26461,791D
Common Shares136IBy Wife
Common Shares41,564IBy Daughter's Trust
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. Represents the amount of restricted stock forfeited due to partial satisfaction of certain performance based criteria of restricted stock awarded pursuant to the Chubb Limited 2016 Long-Term Incentive Plan.
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)