Chubb (NYSE: CB) EVP disposes shares for tax and performance adjustment

(Moderate)

(Neutral)

Form Type

Rhea-AI Filing Summary

Chubb Ltd Executive Vice President Paul McNamee reported two routine share dispositions tied to equity compensation, not open-market trading. On May 21, 2026, 1,352 common shares were withheld at $330.26 per share to cover tax liability, and 282 restricted shares were forfeited due to only partial satisfaction of performance-based criteria under the Chubb Limited 2016 Long-Term Incentive Plan. Following these adjustments, he directly holds 18,649 common shares of Chubb.

Insider Trade Summary

Net Seller: 1,634 shares

Net Sell 2 txns

Insider McNamee Paul

Role Executive Vice President*

Type	Security	Shares	Price	Value
Disposition	Common Shares	282	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	1,352	$330.26	$447K

Holdings After Transaction: Common Shares — 18,649 shares (Direct)

Footnotes (2)

F1. Represents the amount of restricted stock forfeited due to partial satisfaction of certain performance based criteria of restricted stock awarded pursuant to the Chubb Limited 2016 Long-Term Incentive Plan.
F2. Common Shares being withheld in order to pay tax liability.

Key Figures

Tax-withheld shares: 1,352 shares Tax reference price: $330.26 per share Forfeited restricted shares: 282 shares +1 more

4 metrics

Tax-withheld shares 1,352 shares Common shares withheld to pay tax liability

Tax reference price $330.26 per share Value used for tax-withholding disposition

Forfeited restricted shares 282 shares Restricted stock forfeited due to partial performance satisfaction

Shares held after transactions 20,001 shares Direct Chubb common shares held post-disposition

Key Terms

restricted stock, performance based criteria, tax liability, Long-Term Incentive Plan

4 terms

restricted stock financial

"Represents the amount of restricted stock forfeited due to partial satisfaction of certain performance based criteria"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

performance based criteria financial

"forfeited due to partial satisfaction of certain performance based criteria of restricted stock awarded"

tax liability financial

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

Long-Term Incentive Plan financial

"restricted stock awarded pursuant to the Chubb Limited 2016 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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/26/2026 - 04:20 PM

FAQ

What insider transactions did Chubb (CB) Executive Vice President Paul McNamee report?

Paul McNamee reported two non-market share dispositions. 1,352 common shares were withheld to satisfy tax liability, and 282 restricted shares were forfeited because performance criteria were only partially met under Chubb’s 2016 Long-Term Incentive Plan.

Were Paul McNamee’s Chubb (CB) transactions open-market sales or routine adjustments?

The transactions were routine compensation-related adjustments, not open-market trades. One entry reflects shares withheld to pay tax obligations, and the other records forfeited restricted stock tied to unmet performance conditions under a long-term incentive plan.

How many Chubb (CB) shares were withheld for Paul McNamee’s taxes?

A total of 1,352 Chubb common shares were withheld to cover tax liability. The filing lists these shares at a reference price of $330.26 per share, reflecting the value used for the tax-withholding disposition.

Why did Paul McNamee forfeit restricted Chubb (CB) shares?

He forfeited 282 restricted shares because only part of the performance-based criteria for that award were satisfied. The restricted stock had been granted under the Chubb Limited 2016 Long-Term Incentive Plan with specific performance conditions attached.

How many Chubb (CB) shares does Paul McNamee hold after these transactions?

After the reported dispositions, Paul McNamee directly holds 20,001 Chubb common shares. This post-transaction figure comes from the Form 4 entry showing his direct ownership following the issuer-related disposition of restricted stock.

What does transaction code F mean in Paul McNamee’s Chubb (CB) Form 4?

Transaction code F indicates a tax-withholding disposition rather than a market sale. In this case, 1,352 Chubb common shares were delivered back to cover tax liabilities arising from equity compensation, as described in the filing’s footnote.

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^*

McNamee Paul

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President*

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	05/21/2026		D⁽¹⁾		282	D	$0	20,001	D
Common Shares	05/21/2026		F⁽²⁾		1,352	D	$330.26	18,649	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the amount of restricted stock forfeited due to partial satisfaction of certain performance based criteria of restricted stock awarded pursuant to the Chubb Limited 2016 Long-Term Incentive Plan.

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

Remarks:

*Chubb Group and President, Overseas General Insurance

	/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)

Source: View Original Filing on SEC EDGAR