Chubb (CB) Chief Risk Officer receives multi-year stock and option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O'Brien Frances D. reported acquisition or exercise transactions in this Form 4 filing.
Chubb Ltd Chief Risk Officer Frances D. O'Brien reported equity awards under the company’s 2016 Long-Term Incentive Plan. On March 2, 2026, she received options on 2,991 common shares, performance stock units covering 2,223 common shares, and 1,115 restricted common shares at no cost. These awards vest over multi-year periods based on time and performance, and each vested unit or option corresponds to one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
O'Brien Frances D.
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options to Acquire Common Shares | 2,991 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 1,347 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 876 | $0.00 | -- |
| Grant/Award | Common Shares | 561 | $0.00 | -- |
| Grant/Award | Common Shares | 336 | $0.00 | -- |
| Grant/Award | Common Shares | 218 | $0.00 | -- |
| holding | Options to Acquire Common Shares | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
Holdings After Transaction:
Options to Acquire Common Shares — 2,991 shares (Direct);
Performance Stock Units — 1,347 shares (Direct);
Common Shares — 41,677 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") awarded pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). The RSUs vest as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award. Upon vesting, one Common Share will be delivered for each vested RSU. Restricted stock award pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). Stock vests, in whole or in part, subject to the satisfaction of certain service and performance-based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance-based criteria for the three-year performance period. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested. Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance-based restricted stock awards described above. Stock vests, in whole or in part, subject to the satisfaction of certain service and performance-based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance-based criteria for the three-year performance period. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested. Option award pursuant to the Plan. Options vest as follows: 1/3 on the first anniversary of the date of the award, 1/3 on the second anniversary of the date of the award and 1/3 on the third anniversary of the date of the award. Total includes previously reported options from other tranches with different exercise prices, vesting and expiration dates. Award of performance stock units ("PSUs") pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan") that vests, in whole or in part, subject to the satisfaction of certain service and performance based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance based criteria for the three-year performance period. Each PSU represents a contingent right to receive one Common Share, and any PSUs that do not vest will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested. Award of PSUs pursuant to the Plan representing a premium performance award with respect to the PSUs described above that vests, in whole or in part, subject to the satisfaction of certain service and performance based criteria on the later of the third anniversary of the date of the award and the date of certification of satisfaction of performance based criteria for the three-year performance period. Each PSU represents a contingent right to receive one Common Share, and any PSUs that do not vest will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested. Total includes previously reported PSUs from other tranches with different vesting and expiration dates.
FAQ
What insider transactions did Chubb (CB) report for Frances D. O'Brien?
Chubb reported that Chief Risk Officer Frances D. O'Brien received option, restricted stock, and performance stock unit awards. These equity grants were made at no cost and are tied to the Chubb Limited 2016 Long-Term Incentive Plan with multi-year vesting and performance conditions.
How many options did Frances D. O'Brien receive in the latest Chubb Form 4?
Frances D. O'Brien was granted options on 2,991 Chubb common shares. According to the filing, these options vest in three equal installments on the first, second, and third anniversaries of the award date, aligning her compensation with longer-term company performance.
What performance stock units were granted to Frances D. O'Brien at Chubb (CB)?
Frances D. O'Brien received performance stock units (PSUs) covering 2,223 Chubb common shares. Each PSU represents a contingent right to one share, vesting after a three-year performance period if specified service and performance-based criteria are met; non-vested PSUs are cancelled.
How do Chubb (CB) restricted stock units vest for Frances D. O'Brien?
Restricted stock units for Frances D. O'Brien vest in four equal installments. They vest on each of the first, second, third, and fourth anniversaries of the award date, and one common share is delivered for each unit that vests, aligning compensation with sustained employment and performance.
What is the vesting schedule for Chubb options granted to Frances D. O'Brien?
Options granted to Frances D. O'Brien vest in three equal tranches. One-third of the options vest on each of the first, second, and third anniversaries of the grant date, creating a staggered vesting structure that supports longer-term retention and incentive alignment.