Chubb (CB) EVP Juan Luis Ortega reports tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chubb Ltd executive Juan Luis Ortega reported a small tax-related share disposition. On the reported date, 185 common shares were withheld at $333.39 per share to satisfy a tax liability, rather than sold in the open market. After this withholding, Ortega directly holds 35,043.93 Chubb common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ortega Juan Luis
Role
Executive Vice President*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 185 | $333.39 | $62K |
Holdings After Transaction:
Common Shares — 35,043.93 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Chubb (CB) executive Juan Luis Ortega report?
Juan Luis Ortega reported a tax-withholding disposition of Chubb common shares. On the transaction date, 185 shares were withheld at $333.39 per share to cover a tax liability, as indicated by transaction code F and the related footnote.
What does transaction code F mean in the Chubb (CB) Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Chubb filing, 185 common shares were withheld to pay a tax liability, rather than being sold as part of a discretionary market transaction.
What role does Juan Luis Ortega hold at Chubb (CB)?
Juan Luis Ortega is identified as an Executive Vice President of Chubb Ltd. The Form 4 filing shows him as an officer, with the reported transaction involving common shares held under direct ownership following a tax-withholding disposition.