Chubb EVP awarded options and stock units
Chubb Ltd Executive Vice President Paul McNamee received multiple equity awards in the form of grants rather than market purchases.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options to Acquire Common Shares | 6,638 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 3,734 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 3,734 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 1,245 | $0.00 | $0.00 |
| Holding | Options to Acquire Common Shares | -- | -- | -- |
| Holding | Performance Stock Units | -- | -- | -- |
Footnotes (6)
- F1. 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.
- F2. 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.
- F3. Total includes previously reported options from other tranches with different exercise prices, vesting and expiration dates.
- F4. 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.
- F5. 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.
- F6. Total includes previously reported PSUs from other tranches with different vesting and expiration dates.
FAQ
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What did Chubb (CB) executive Paul McNamee report in this Form 4?
How many stock options did Paul McNamee receive from Chubb (CB)?
How many performance stock units were granted to Paul McNamee at Chubb (CB)?
Are Paul McNamee’s Chubb (CB) equity awards subject to vesting conditions?
Do the performance stock units at Chubb (CB) pay dividends before vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.