Michael G. Atieh - May 17, 2023 Form 4 Insider Report for Chubb Ltd (CB)

Role
Director
Signature
/s/ Samantha Froud, Attorney-in-fact
Stock symbol
CB
Transactions as of
May 17, 2023
Transactions value $
-$46,351
Form type
4
Date filed
5/19/2023, 09:43 AM
Previous filing
Jan 4, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Award +955 +2.45% 39.9K May 17, 2023 Direct F1, F2
transaction CB Common Shares Tax liability -$46.4K -233 -0.58% $198.93 39.7K May 17, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Total includes 621.64 shares credited at various times between July 2022 and April 2023 to the reporting person's deferred stock account pursuant to the dividend investment provisions of the Plan, which meets the requirements of Rule 16b-3.
F3 Common Shares being withheld in order to pay tax liability.