Chubb director granted 1,135-share stock award
Chubb Ltd director Hu Fred reported compensation-related share transactions.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Chubb Ltd director Hu Fred reported compensation-related share transactions. On May 21, 2026, he received a restricted stock award of 1,135 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, a non-market, tax-withholding disposition. After these entries, Hu Fred directly holds 1,713 Chubb Common Shares.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hu Fred
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,135 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 193 | $330.26 | $64K |
Holdings After Transaction:
Common Shares — 1,713 shares (Direct)
Holdings Before and After:
Common Shares, 771 to 1,713 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Common Shares being withheld in order to pay tax liability.
Key Figures
Restricted stock award: 1,135 Common Shares
Tax-withholding shares: 193 Common Shares at $330.26
Post-transaction holdings: 1,906 Common Shares
+1 more
4 metrics
Restricted stock award
1,135 Common Shares
Granted as director fees on May 21, 2026
Tax-withholding shares
193 Common Shares at $330.26
Shares withheld to pay tax liability on May 21, 2026
Post-transaction holdings
1,906 Common Shares
Direct ownership after reported transactions
Award vesting condition
Next annual shareholders meeting
Vests if still a Chubb director on that date
Key Terms
Restricted stock award, long-term incentive plan, Rule 16b-3, tax liability
4 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"
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
"long-term incentive 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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Chubb (CB) director Hu Fred report?
Chubb director Hu Fred reported a restricted stock award of 1,135 Common Shares and a related tax-withholding disposition of 193 shares. Both entries are compensation-related, not open-market trades, and reflect equity granted as director fees plus shares withheld to cover tax liability.
When will Hu Fred’s Chubb (CB) restricted stock award vest?
The restricted stock award will vest on the day of the next annual Chubb Limited shareholders meeting. Vesting is conditioned on Hu Fred being a director of Chubb Limited on that date, as specified in the compensation plan’s vesting footnote description.
Under what plan was Hu Fred’s Chubb (CB) restricted stock granted?
The restricted stock was granted under a Chubb Limited long-term incentive plan used for director fees. The plan is described as meeting the requirements of Rule 16b-3, which governs certain insider transactions and compensation-related equity grants under U.S. securities regulations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
