Frances D. O'Brien - Mar 3, 2025 Form 4 Insider Report for Chubb Ltd (CB)

Role
Chief Risk Officer
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, 05:56 PM
Previous filing
Feb 27, 2025
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 $0 +599 +1.44% $0.00 42.1K Mar 3, 2025 Direct F1
transaction CB Common Shares Award $0 +360 +0.85% $0.00 42.5K Mar 3, 2025 Direct F2
transaction CB Common Shares Award $0 +234 +0.55% $0.00 42.7K Mar 3, 2025 Direct F3

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 Options to Acquire Common Shares Award $0 +3.19K $0.00 3.19K Mar 3, 2025 Common Shares 3.19K $289.69 Direct F4
transaction CB Performance Stock Units Award $0 +1.44K $0.00 1.44K Mar 3, 2025 Common Shares 1.44K $0.00 Direct F6
transaction CB Performance Stock Units Award $0 +934 +65% $0.00 2.37K Mar 3, 2025 Common Shares 934 $0.00 Direct F7
holding CB Options to Acquire Common Shares 33.4K Mar 3, 2025 Common Shares Direct F5
holding CB Performance Stock Units 3.23K Mar 3, 2025 Common Shares $0.00 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") awarded pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). The RSUs vest as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award. Upon vesting, one Common Share will be delivered for each vested RSU.
F2 Restricted stock award pursuant to the Plan. Stock vests on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.
F3 Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance-based restricted stock awards described above. Stock vests on the third anniversary of the date of the award, subject to the satisfaction of certain service and performance based criteria. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.
F4 Option award pursuant to the Plan. Options vest as follows: 1/3 on the first anniversary of date of the award, 1/3 on the second anniversary of the date of the award and 1/3 on the third anniversary of the date of the award.
F5 Total includes previously reported options from other tranches with different exercise prices, vesting and expiration dates.
F6 Award of performance stock units ("PSUs") pursuant to 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.
F7 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.
F8 Total includes previously reported PSUs from other tranches with different vesting and expiration dates.