Chubb (CB) EVP Paul McNamee granted options, RSUs and PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chubb Ltd Executive Vice President Paul McNamee received multiple equity awards in the form of grants rather than market purchases. On March 2, 2026, he was granted 6,638 options to acquire common shares at a price of $0.00 per share under the Chubb Limited 2016 Long-Term Incentive Plan.
He also received 3,734 performance stock units (PSUs) and a further 3,734 PSUs representing a premium performance award, each PSU representing a contingent right to one common share if service and performance conditions are met over a three-year period. In addition, he was awarded 1,245 common shares through restricted stock units that vest in four equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
McNamee Paul
Role
Executive Vice President*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options to Acquire Common Shares | 6,638 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 3,734 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 3,734 | $0.00 | -- |
| Grant/Award | Common Shares | 1,245 | $0.00 | -- |
| holding | Options to Acquire Common Shares | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
Holdings After Transaction:
Options to Acquire Common Shares — 6,638 shares (Direct);
Performance Stock Units — 3,734 shares (Direct);
Common Shares — 20,386 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. 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 did Chubb (CB) executive Paul McNamee report in this Form 4?
Paul McNamee reported equity grants, not open-market trades. He received stock options, performance stock units, and restricted stock units under the Chubb Limited 2016 Long-Term Incentive Plan as part of his compensation.
How many stock options did Paul McNamee receive from Chubb (CB)?
Paul McNamee was granted 6,638 options to acquire common shares. These options were awarded at a price of $0.00 per share and vest in three annual installments, one-third each year after the award date.
How many performance stock units were granted to Paul McNamee at Chubb (CB)?
He received 3,734 PSUs plus an additional 3,734 premium PSUs. Each PSU represents a contingent right to one common share, vesting based on service and performance criteria over a three-year performance period.
Are Paul McNamee’s Chubb (CB) equity awards subject to vesting conditions?
Yes, all awards are vesting-based. RSUs vest 25% per year over four years, options vest one-third per year over three years, and PSUs vest after a three-year performance period if service and performance criteria are satisfied.
Do the performance stock units at Chubb (CB) pay dividends before vesting?
Dividends on PSUs are accumulated but not paid until vesting. They are distributed only when, and to the extent that, the PSUs vest, and any PSUs that do not vest are cancelled according to the plan terms.