Michael P. Connors - 17 May 2023 Form 4 Insider Report for Chubb Ltd (CB)

Role
Director
Signature
/s/ Samantha Froud, Attorney-in-fact
Issuer symbol
CB
Transactions as of
17 May 2023
Net transactions value
-$46,351
Form type
4
Filing time
19 May 2023, 09:54:50 UTC
Previous filing
05 Apr 2023
Next filing
05 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Award +955 +6% 16,978 17 May 2023 Direct F1
transaction CB Common Shares Tax liability $46,351 -233 -1.4% $198.93 16,745 17 May 2023 Direct F2
* 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, 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.