Joseph F. Wayland - Mar 3, 2025 Form 4 Insider Report for Chubb Ltd (CB)

Signature
/s/ Samantha Froud, Attorney-in-Fact
Stock symbol
CB
Transactions as of
Mar 3, 2025
Transactions value $
-$2,869,600
Form type
4
Date filed
3/5/2025, 05:58 PM
Previous filing
Feb 26, 2025
Next filing
Mar 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Award $0 +2.04K +2.43% $0.00 85.7K Mar 3, 2025 Direct F1
transaction CB Common Shares Award $0 +2.04K +2.38% $0.00 87.7K Mar 3, 2025 Direct F2
transaction CB Common Shares Sale -$2.87M -10K -11.4% $286.96 77.7K Mar 4, 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 Performance Stock Units Award $0 +8.15K $0.00 8.15K Mar 3, 2025 Common Shares 8.15K $0.00 Direct F4
transaction CB Performance Stock Units Award $0 +8.15K +100% $0.00 16.3K Mar 3, 2025 Common Shares 8.15K $0.00 Direct F5
holding CB Performance Stock Units 17.3K Mar 3, 2025 Common Shares $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (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.
F2 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.
F3 The Common Shares reported herein as being sold were sold at a range of between $286.918 and $287.040 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4 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.
F5 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.
F6 Total includes previously reported PSUs from other tranches with different vesting and expiration dates.

Remarks:

*General Counsel