Form 4: Chubb Ltd Executive Vice President Timothy Alan Boroughs Reports Stock Sale
SEC Form 4
Executive Vice President of Chubb Ltd, Timothy Alan Boroughs, reports the sale of common shares on March 20, 2024.
Summary
- On March 20, 2024, Timothy Alan Boroughs, an Executive Vice President of Chubb Ltd, sold common shares of the company.
- The sales were executed at varying prices, with weighted average prices of $258.76, $258.86, $258.81, $259.01 and $259.11 per share.
- He sold 11,303 shares directly, 3,000 shares directly, 590 shares indirectly through his wife, 1,554 shares indirectly through a trust, and 3,553 shares indirectly through his wife's trust.
- Following these transactions, Boroughs directly owns 38,662 shares, and indirectly owns 34,447 shares through his wife, 2,335 shares through a family foundation, and 38,446 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral report of stock sales. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to the market regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of the reported transactions (sale of common shares) |
| 03/22/2024 | Date of signature for the Form 4 filing |
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