Chubb (CB) COO Keogh logs tax-withheld and forfeited share awards
Rhea-AI Filing Summary
Chubb Ltd President & COO John W. Keogh reported routine equity-compensation adjustments with no open-market trading. On May 21, 2026, 29,556 Common Shares were disposed of as shares withheld to cover tax liabilities at $330.26 per share. An additional 5,033 restricted shares were forfeited back to the issuer due to only partial satisfaction of performance-based criteria under the Chubb Limited 2016 Long-Term Incentive Plan.
Following these transactions, Keogh directly held 226,321.67 Common Shares. Separate entries reflect indirect holdings in a daughter’s trust, with totals around 9,793 Common Shares, and a footnote notes a one-share clerical correction from a prior report. These actions reflect compensation mechanics and administrative corrections rather than discretionary buying or selling in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 34,589 shares
Net Sell
4 txns
Insider
Keogh John W
Role
President &COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Shares | 5,033 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 29,556 | $330.26 | $9.76M |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 226,321.67 shares (Direct);
Common Shares — 19,586.33 shares (Indirect, By Daughter's Trust)
Footnotes (3)
- 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.
- F3. Due to a clerical error, the total number of shares held by the trust was misreported by one share in the previous report filed on March 4, 2026.
Key Figures
Tax-withheld shares: 29,556 shares at $330.26
Forfeited restricted stock: 5,033 shares at $0.00
Direct holdings after transactions: 255,877.67 Common Shares
+1 more
4 metrics
Tax-withheld shares
29,556 shares at $330.26
Common Shares withheld to pay tax liability on May 21, 2026
Forfeited restricted stock
5,033 shares at $0.00
Restricted stock forfeited to issuer due to partial performance satisfaction
Direct holdings after transactions
255,877.67 Common Shares
Shares directly held by John W. Keogh following reported dispositions
Daughter’s trust holdings (corrected)
≈9,793 Common Shares
Indirect holdings by daughter’s trust after one-share clerical correction
Key Terms
restricted stock, performance based criteria, Long-Term Incentive Plan, tax liability, +1 more
5 terms
restricted stock financial
"Represents the amount of restricted stock forfeited due to partial satisfaction"
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"
Long-Term Incentive Plan financial
"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.
tax liability financial
"Common Shares being withheld in order to pay tax liability"
Disposition to issuer financial
"transaction_action": "issuer disposition","transaction_code_description": "Disposition to issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Chubb (CB) executive John W. Keogh report?
John W. Keogh reported routine compensation-related dispositions. He forfeited 5,033 restricted shares back to Chubb and had 29,556 shares withheld to cover tax liabilities, with no open-market purchases or sales disclosed in this filing.
Did John W. Keogh’s Chubb (CB) Form 4 include any open-market stock sales or purchases?
The Form 4 does not show open-market sales or purchases. It reports a tax-withholding disposition of 29,556 shares and forfeiture of 5,033 restricted shares, both tied to equity compensation, plus administrative corrections for a daughter’s trust holding.