Chubb (NYSE: CB) SVP forfeits 243 restricted shares under incentive plan
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.
Negative
- None.
Insider Trade Summary
Net Seller: 243 shares
Net Sell
1 txn
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)
- 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.
Key Figures
Restricted shares forfeited: 243 shares
Shares held after transaction: 24,527 shares
Transaction price per share: $0.00/share
3 metrics
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
Key Terms
restricted stock, performance based criteria, Long-Term Incentive Plan, Disposition to issuer
4 terms
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
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.