Form 4: Chubb Ltd: Evan Greenberg Reports Ownership Changes
Statement of Changes in Beneficial Ownership
Evan G. Greenberg, Chairman & CEO of Chubb Ltd, reported changes in beneficial ownership of common shares on May 21, 2026.
Summary
- Evan G. Greenberg, Chairman & CEO of Chubb Ltd, reported transactions affecting his beneficial ownership of common shares.
- A total of 11,253 common shares were forfeited due to performance-based criteria not being met under the Chubb Limited 2016 Long-Term Incentive Plan.
- Additionally, 73,555 common shares were withheld to cover tax liabilities, with a transaction price of $330.26 per share.
- Following these transactions, Mr. Greenberg's direct beneficial ownership stands at 461,791 common shares.
- Indirect beneficial ownership includes 136 shares held by his wife and 41,564 shares held by his daughter's trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports routine insider transactions related to compensation and tax obligations, with no significant strategic or financial performance indicators.
Positives
- Mr. Greenberg continues to hold a significant direct beneficial ownership of 461,791 common shares.
- The withholding of shares for tax purposes indicates ongoing compensation and tax obligations being met.
Negatives
- 11,253 restricted stock units were forfeited, indicating that certain performance-based criteria were not achieved.
- 73,555 shares were withheld for tax payments, reducing the immediate number of shares available to Mr. Greenberg.
Risks
- Failure to meet performance-based criteria for restricted stock awards could indicate challenges in achieving company performance targets.
- Tax liabilities associated with equity compensation can fluctuate and impact the net holdings of key executives.
Future Outlook
No specific forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically contain strategic updates. The forfeiture of performance-based stock units, however, can sometimes be an indicator of whether executive compensation plans are aligning with company performance, a key area of interest for investors.
Stakeholder Impact
- Shareholders: The forfeiture of performance-based stock units may indirectly reflect on the company's performance against its targets, which could be of interest to shareholders.
- Employees: The forfeiture of performance-based awards could serve as an example of how executive compensation is tied to specific performance metrics.
Next Steps
- Continue to monitor future SEC filings for any further changes in beneficial ownership by Mr. Greenberg or other insiders.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Earliest transaction date reported for changes in beneficial ownership. |
| 05/26/2026 | Date of signature for the filing. |
Keywords
Chubb Ltd, Evan G. Greenberg, Form 4, Beneficial Ownership, Common Shares, Restricted Stock, Long-Term Incentive Plan, Tax Withholding, SEC Filing
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