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Tax withholding leads Chubb (NYSE: CB) EVP to dispose 277 shares

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

Rhea-AI Filing Summary

Chubb Ltd Executive Vice President Timothy Alan Boroughs reported a tax-related share disposition. On February 24, 2026, he disposed of 277 common shares at $336.85 per share to satisfy a tax liability through share withholding.

After this transaction, he directly held 11,269 common shares. Indirectly, he was shown with 1,585 common shares held by a family foundation, 36,447 common shares held by a trust, and 36,446 common shares held by his wife’s trust as of that date.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
BOROUGHS TIMOTHY ALAN

(Last) (First) (Middle)
THE CHUBB BUILDING
17 WOODBOURNE AVENUE

(Street)
HAMILTON D0 HM 08

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Chubb Ltd [ CB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President*
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares 02/24/2026 F 277(1) D $336.85 11,269 D
Common Shares 1,585 I Family Foundation
Common Shares 36,447 I By Trust
Common Shares 36,446 I By Wife'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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Common Shares withheld to pay tax liability.
Remarks:
*& Chief Investment Officer, Chubb Limited
/s/ Samantha Froud, Attorney-in-Fact 02/26/2026
** Signature of Reporting Person Date
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.

FAQ

What did Chubb (CB) executive Timothy Boroughs report in this Form 4?

Timothy Alan Boroughs reported a tax-related disposition of shares. He had 277 Chubb common shares withheld at $336.85 per share to cover a tax liability, while maintaining substantial direct and indirect ownership positions through personal, foundation, and trust holdings.

How many Chubb (CB) shares were disposed of to cover taxes?

A total of 277 Chubb common shares were disposed of to cover a tax liability. The shares were valued at $336.85 each, and the transaction was coded as a tax-withholding disposition rather than an open-market trade or discretionary sale.

What is Timothy Boroughs’ direct Chubb (CB) shareholding after this filing?

Following the tax-withholding disposition, Timothy Boroughs directly held 11,269 Chubb common shares. This figure reflects his remaining direct ownership after 277 shares were withheld on February 24, 2026, to satisfy a tax obligation associated with equity compensation.

What indirect Chubb (CB) holdings are reported for Timothy Boroughs?

The filing lists indirect ownership through several entities. These include 1,585 Chubb common shares held by a family foundation, 36,447 shares held by a trust, and 36,446 shares held by his wife’s trust, all categorized as indirect beneficial ownership interests.

How is the tax-withholding disposition in Chubb (CB) shares coded in this Form 4?

The transaction is coded with Form 4 code F, indicating payment of a tax liability by delivering securities. The filing specifies this as a tax-withholding disposition of 277 common shares, aligning with the footnote that states the shares were withheld to pay tax.

Does this Chubb (CB) Form 4 show a routine tax event or a market sale?

The Form 4 describes a routine tax event rather than a market sale. Code F and the footnote state that 277 common shares were withheld to pay a tax liability, indicating a compensation-related withholding instead of a discretionary open-market transaction.
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