Timothy Alan Boroughs - Mar 3, 2025 Form 4 Insider Report for Chubb Ltd (CB)

Role
Executive Vice President*
Signature
/s/ Samantha Froud, Attorney-in-Fact
Stock symbol
CB
Transactions as of
Mar 3, 2025
Transactions value $
$0
Form type
4
Date filed
3/5/2025, 05:48 PM
Previous filing
Feb 26, 2025
Next filing
Mar 19, 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CB Performance Stock Units Award $0 +9.15K $0.00 9.15K Mar 3, 2025 Common Shares 9.15K $0.00 Direct F1
transaction CB Performance Stock Units Award $0 +9.15K +100% $0.00 18.3K Mar 3, 2025 Common Shares 9.15K $0.00 Direct F2
holding CB Performance Stock Units 16.2K Mar 3, 2025 Common Shares $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of performance stock units ("PSUs") pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan") that vests in whole or in part on the third anniversary of the award subject to the satisfaction of certain service and performance based criteria. Each PSU represents a contingent right to receive one Common Share, and any PSUs that have not vested at the third anniversary of the award will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested.
F2 Award of PSUs pursuant to the Plan representing a premium performance award with respect to the PSUs described above that vests in whole or in part on the third anniversary of the award subject to the satisfaction of certain service and performance based criteria. Each PSU represents a contingent right to receive one Common Share, and any PSUs that have not vested at the third anniversary of the award will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that the PSUs have vested.
F3 Total includes previously reported PSUs from other tranches with different vesting and expiration dates.

Remarks:

*& Chief Investment Officer, Chubb Limited