Form 4: Chubb Ltd Executive Vice President Paul McNamee Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Executive Vice President of Chubb Ltd, Paul McNamee, reports disposing of 98 common shares to cover tax liabilities.
Summary
- On February 24, 2025, Paul McNamee, an Executive Vice President at Chubb Ltd, disposed of 98 common shares.
- The transaction was executed to cover tax liability.
- The price per share was $273.44.
- Following the transaction, McNamee directly owns 20,233 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations, which is a common practice among corporate executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: disposal of common shares. |
| 02/26/2025 | Date of signature by Attorney-in-Fact. |
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