Chubb GC has 144 shares withheld for taxes
Chubb’s executive vice president and general counsel reported a small share withholding to cover taxes, with more than 33,000 shares remaining directly held.
Rhea-AI Filing Summary
Chubb Ltd (CB) reported that Executive Vice President and General Counsel Joseph F. Wayland had 144 Common Shares withheld on September 1, 2026 to pay a tax liability, at a reported value of $338.74 per share. After this tax-withholding disposition, he directly holds 33,605.354 Common Shares of Chubb. No Rule 10b5-1 trading plan is affirmed for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 144 shares
Tax Withholding
1 txn
Insider
Wayland Joseph F
Role
Executive Vice President and*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares F1 | 144 | $338.74 | $49K |
Holdings After Transaction:
Common Shares — 33,605.354 shares (Direct)
Footnotes (1)
- F1. Common Shares being withheld in order to pay tax liability.
Key Figures
Shares withheld for tax liability: 144 shares
Per-share value for tax-withheld shares: $338.74 per share
Shares held after transaction: 33,605.354 shares
+1 more
4 metrics
Shares withheld for tax liability
144 shares
Common Shares withheld on September 1, 2026 to pay tax liability
Per-share value for tax-withheld shares
$338.74 per share
Value applied to the 144 Common Shares withheld for taxes
Shares held after transaction
33,605.354 shares
Directly held Chubb Common Shares following the September 1, 2026 transaction
Transactions for exercise price or tax liability
1 transaction / 144 shares
Aggregate Form 4 summary for code F exercise-price-or-tax-liability dispositions
Key Terms
Payment of tax liability by delivering or withholding securities, Common Shares, Rule 10b5-1
3 terms
Payment of tax liability by delivering or withholding securities financial
"transaction code description for the 144-share disposition"
Rule 10b5-1 regulatory
"plan affirmation box indicates no Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Chubb Ltd (CB) report for Joseph F. Wayland?
Chubb reported that Joseph F. Wayland had 144 Common Shares withheld on September 1, 2026 to pay a tax liability, classified as a disposition for tax withholding rather than an open-market sale.
Was the Chubb (CB) insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for this transaction, as the plan affirmation box is not checked and no footnote references such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.