Chubb (CB) director Frances Townsend gets 681-share award, 193 withheld for taxes

Rhea-AI Filing Summary

Chubb Ltd director Frances F. Townsend received a restricted stock award of 681 common shares as director fees under a Chubb long-term incentive plan that meets Rule 16b-3 requirements. On the same date, 193 common shares were withheld to cover tax liability. After these entries, she directly owns 5,507 common shares and indirectly holds 353 common shares through her husband.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider TOWNSEND FRANCES F

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	681	$0.00	--
Tax Withholding	Common Shares	193	$330.26	$64K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 5,507 shares (Direct, null); Common Shares — 353 shares (Indirect, By Husband)

Footnotes (1)

1. Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date. Common Shares being withheld in order to pay tax liability.

Key Figures

Restricted stock award: 681 shares Shares withheld for taxes: 193 shares Price used for tax withholding: $330.26 per share +2 more

5 metrics

Restricted stock award 681 shares Director fees granted as restricted stock under long-term incentive plan

Shares withheld for taxes 193 shares Common shares withheld to pay tax liability on equity award

Price used for tax withholding $330.26 per share Value per common share on 193-share tax-withholding disposition

Direct holdings after transactions 5,507 shares Common shares directly owned after award and tax withholding

Indirect holdings via husband 353 shares Common shares indirectly owned through husband as of transaction date

Key Terms

Restricted stock award, long-term incentive plan, Rule 16b-3, tax liability, +1 more

5 terms

Restricted stock award financial

"Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

long-term incentive plan financial

"granted as director fees under a Chubb Limited long-term incentive plan (the "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.

Rule 16b-3 regulatory

"plan (the "Plan"), which meets the requirements of Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

tax liability financial

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

indirect ownership financial

"Common Shares, indirect ownership, nature of ownership: By Husband"

Form 4 Insider Transactions: What Each Field Means →

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^*

TOWNSEND FRANCES F

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/21/2026		A(1)		681	A	(1)	5,507	D
Common Shares	05/21/2026		F(2)		193	D	$330.26	5,314	D
Common Shares								353	I	By Husband

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

Explanation of Responses:

1. Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.

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

	/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)

FAQ

What insider transactions did Chubb (CB) director Frances Townsend report?

Frances F. Townsend reported a grant of 681 Chubb common shares as a restricted stock award and a withholding of 193 shares to cover tax liability, along with updated direct and indirect ownership balances following these compensation-related entries.

Was the Chubb (CB) insider transaction an open-market stock sale or purchase?

No open-market trade was reported. The Form 4 shows a restricted stock award of 681 shares and a disposition of 193 shares specifically labeled as shares withheld to pay tax liability, rather than a discretionary market sale or purchase of Chubb common shares.

How many Chubb (CB) shares does Frances Townsend own after this Form 4?

After these entries, Frances Townsend directly owns 5,507 Chubb common shares and indirectly holds 353 common shares through her husband. These figures come from the post-transaction balances disclosed for the award, tax withholding, and indirect holding line items.

What is the nature of the 681-share award reported by Chubb (CB) director Frances Townsend?

The 681-share award is restricted stock granted as director fees under a Chubb Limited long-term incentive plan. The footnote states the award meets Rule 16b-3 requirements and will vest on the day of the next annual shareholders meeting if she remains a director.

Why were 193 Chubb (CB) shares disposed of in Frances Townsend’s Form 4?

The 193-share disposition is coded as an F transaction, meaning shares were withheld to pay tax liability. A footnote clarifies these common shares were withheld specifically to satisfy taxes, not sold on the open market by the director.