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Chubb (CB) EVP Paul McNamee granted options, RSUs and PSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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 D0 HM 08

(City) (State) (Zip)
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*
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 A 1,245 A $0(1) 20,386 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
Options to Acquire Common Shares $342.76 03/02/2026 A 6,638 (2) 03/02/2036 Common Shares 6,638 $0(2) 6,638 D
Options to Acquire Common Shares (3) (3) (3) Common Shares (3) 25,300(3) D
Performance Stock Units $0 03/02/2026 A V 3,734 (4) (4) Common Shares 3,734 $0 3,734 D
Performance Stock Units $0 03/02/2026 A V 3,734 (5) (5) Common Shares 3,734 $0 7,468 D
Performance Stock Units $0 (6) (6) Common Shares (6) 6,798(6) D
Explanation of Responses:
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.
2. 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.
3. Total includes previously reported options from other tranches with different exercise prices, vesting and expiration dates.
4. 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.
5. 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.
6. Total includes previously reported PSUs from other tranches with different vesting and expiration dates.
Remarks:
*Chubb Group and President, Overseas General Insurance
/s/ Samantha Froud, Attorney-in-Fact 03/04/2026
** 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.

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.

What common share award did Paul McNamee receive from Chubb (CB)?

He was awarded 1,245 common shares via restricted stock units. These RSUs vest in four equal tranches on each of the first, second, third, and fourth anniversaries of the award date, delivering one share per vested unit.

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.
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