Form 4: Chubb Ltd Executive Vice President Paul McNamee Reports Stock Transactions

Executive Vice President of Chubb Ltd, Paul McNamee, reports the forfeiture and withholding of common shares to cover tax liabilities.

Summary

• Paul McNamee, an Executive Vice President at Chubb Ltd, reported transactions involving the company's common shares on May 15, 2025.
• These transactions included the forfeiture of 271 shares of restricted stock due to partial satisfaction of performance-based criteria under the 2016 Long-Term Incentive Plan.
• Additionally, 1,278 common shares were withheld to cover tax liabilities at a price of $292.05 per share.
• Following these transactions, McNamee's direct ownership of Chubb Ltd common shares is 19,601.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It is a standard practice for executives to have shares withheld to cover tax obligations arising from equity compensation.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent routine adjustments to an executive's stock holdings.

Key Dates

Keywords

Chubb Ltd, Paul McNamee, Executive Vice President, Form 4, Stock Transactions, Beneficial Ownership, Restricted Stock, Tax Liability, Common Shares