Chubb director gets 681-share stock award

Chubb Ltd director Michael P. Connors reported routine equity compensation activity.

Rhea-AI Filing Summary

Chubb Ltd director Michael P. Connors reported routine equity compensation activity. He received a restricted stock award of 681 common shares as director fees under a Chubb Limited long-term incentive plan. These restricted shares will vest on the day of the next annual Chubb Limited shareholders meeting, assuming he remains a director on that date.

To cover related tax liability, 193 common shares were withheld, a non-market tax-withholding disposition at a reference price of $330.26 per share. After these transactions, Connors directly holds 18,303 Chubb common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider CONNORS MICHAEL P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	681	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	193	$330.26	$64K

Holdings After Transaction: Common Shares — 18,303 shares (Direct)

Footnotes (2)

1. F1. Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.
2. F2. Common Shares being withheld in order to pay tax liability.

Key Figures

Restricted stock award: 681 shares Tax-withholding shares: 193 shares Tax-withholding reference price: $330.26 per share +1 more

4 metrics

Restricted stock award 681 shares Director fees under long-term incentive plan

Tax-withholding shares 193 shares Withheld to pay tax liability on equity award

Tax-withholding reference price $330.26 per share Value used for 193 withheld shares

Shares held after transactions 18,496 shares Common shares directly owned after Form 4 events

Key Terms

Restricted stock award, long-term incentive plan, Rule 16b-3, tax liability

4 terms

Restricted stock award financial

"Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

long-term incentive plan financial

"Restricted stock award granted as director fees under a Chubb Limited 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.

Rule 16b-3 regulatory

"plan (the "Plan"), which meets the requirements of Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

tax liability financial

"Common Shares being withheld in order to pay tax liability"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Chubb (CB) director Michael P. Connors report?

Michael P. Connors reported a routine equity compensation update, receiving 681 restricted common shares as director fees and having 193 shares withheld to satisfy tax obligations. Both transactions involved Chubb Ltd common shares and were not open-market purchases or sales.

How many Chubb (CB) shares does Michael P. Connors hold after this Form 4?

After the reported transactions, Michael P. Connors directly holds 18,496 Chubb Ltd common shares. This reflects the net position following the 681-share restricted stock award and the withholding of 193 shares to cover tax liabilities associated with that equity compensation.

Was the Chubb (CB) Form 4 a stock sale by Michael P. Connors?

The filing does not show an open-market stock sale. Instead, 193 shares were disposed of through tax withholding, meaning the company retained those shares to pay Connors’ tax liability on his equity award, a standard non-market mechanism for covering taxes on compensation.

What is the nature of the 681-share award reported by Chubb (CB) director Connors?

The 681-share award is restricted stock granted as director fees under a Chubb Limited long-term incentive plan that meets Rule 16b-3 requirements. These restricted shares will vest on the day of the next annual shareholders meeting if Connors continues serving as a director.

At what price were Chubb (CB) shares valued for the tax-withholding disposition?

The 193 Chubb Ltd common shares withheld for tax liability were valued at $330.26 per share. This valuation is used to determine the value of shares applied toward Connors’ tax obligations arising from his restricted stock award under the company’s long-term incentive plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 04:20 PM Learn about SEC filing dates

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^*

CONNORS MICHAEL P

(Last) (First) (Middle)

THE CHUBB BUILDING

17 WOODBOURNE AVENUE

(Street)

HAMILTON BERMUDA HM 08

(City) (State) (Zip)

BERMUDA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Chubb Ltd [ CB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/21/2026		A(1)		681	A	(1)	18,496	D
Common Shares	05/21/2026		F(2)		193	D	$330.26	18,303	D

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. Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.

2. Common Shares being withheld in order to pay tax liability.

	/s/ Samantha Froud, Attorney-in-Fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)