Form 4: Chubb Ltd Executive John Lupica Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John Lupica, Vice Chairman of Chubb Group, reports a transaction involving common shares to cover tax liability.
Summary
- On July 1, 2024, John Lupica, Vice Chairman of Chubb Group, reported a transaction involving Chubb Ltd common shares.
- 667 common shares were disposed of to cover tax liability at a price of $254.82 per share.
- Following the transaction, Lupica directly owns 118,852.2 common shares.
- Lupica also indirectly owns 78,700 common shares through a trust for his wife and 10,000 common shares through a trust for his descendants.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company executive, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction involving common shares. |
| 07/03/2024 | Date of signature by Attorney-in-fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.