STOCK TITAN

Chubb (NYSE: CB) SVP forfeits 243 restricted shares under incentive plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chubb Ltd Senior Vice President Bryce L. Johns reported a disposition of 243 common shares on May 21, 2026, representing restricted stock forfeited back to the issuer due to partial satisfaction of performance-based criteria under the Chubb Limited 2016 Long-Term Incentive Plan.

Following this forfeiture, Johns directly holds 24,527 common shares of Chubb Ltd.

Positive

  • None.

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  • None.
Insider Johns Bryce L.
Role Senior Vice President,*
Type Security Shares Price Value
Disposition Common Shares 243 $0.00 $0.00
Holdings After Transaction: Common Shares — 24,527 shares (Direct)
Footnotes (1)
  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.
Restricted shares forfeited 243 shares Common shares forfeited to issuer on May 21, 2026
Shares held after transaction 24,527 shares Directly held Chubb common shares following forfeiture
Transaction price per share $0.00/share Reported for forfeited restricted stock disposition to issuer
restricted stock financial
"Represents the amount of restricted stock forfeited due to partial satisfaction"
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"
Long-Term Incentive Plan financial
"restricted stock awarded pursuant to the Chubb Limited 2016 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.
Disposition to issuer financial
"transaction_code_description":"Disposition to issuer"

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FAQ

What did Chubb (CB) executive Bryce L. Johns report in this Form 4?

Bryce L. Johns reported forfeiting 243 Chubb common shares back to the issuer. The forfeited shares were restricted stock tied to performance-based criteria under the Chubb Limited 2016 Long-Term Incentive Plan, reflecting partial satisfaction of those conditions rather than an open-market sale.

Did Bryce L. Johns sell Chubb (CB) shares on the open market?

No, Bryce L. Johns did not sell shares on the open market. The 243 shares were forfeited to Chubb as restricted stock that did not fully meet performance-based vesting criteria under the company’s 2016 Long-Term Incentive Plan, at a reported price of $0.00 per share.

How many Chubb (CB) shares does Bryce L. Johns hold after the reported transaction?

After the reported forfeiture, Bryce L. Johns directly holds 24,527 Chubb common shares. This figure reflects his position following the return of 243 restricted shares to the issuer under the performance-based terms of the company’s 2016 Long-Term Incentive Plan.

What type of transaction is shown in Bryce L. Johns’ Chubb (CB) Form 4?

The transaction is a disposition to the issuer of 243 common shares. It represents forfeiture of restricted stock due to only partial satisfaction of performance-based criteria under Chubb Limited’s 2016 Long-Term Incentive Plan, not a discretionary market trade by the executive.

Why were 243 Chubb (CB) restricted shares forfeited by Bryce L. Johns?

The 243 restricted shares were forfeited because only part of the performance-based criteria was satisfied. Under Chubb Limited’s 2016 Long-Term Incentive Plan, restricted stock can be forfeited back to the issuer when specified performance conditions are not fully achieved during the measurement period.

What price per share is reported for the forfeited Chubb (CB) restricted stock?

The forfeited 243 restricted Chubb common shares are reported at a transaction price of $0.00 per share. This reflects that the disposition was a forfeiture back to the issuer under the terms of a performance-based restricted stock award, not an arm’s-length market sale.
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*
Johns Bryce L.

(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)
Senior Vice President,*
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)243D$024,527D
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.
Remarks:
*Chubb Group. President, Chubb Life.
/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)