Form 4: Chubb Ltd Executive Vice President Timothy Alan Boroughs Reports Stock Transactions

Executive Vice President Timothy Alan Boroughs of Chubb Ltd reports the forfeiture and withholding of common shares to cover tax liabilities.

Summary

• Timothy Alan Boroughs, an Executive Vice President at Chubb Ltd, filed a Form 4 detailing changes in beneficial ownership.
• On May 15, 2025, Boroughs forfeited 975 common shares due to partial satisfaction of performance-based criteria under the 2016 Long-Term Incentive Plan.
• Also on May 15, 2025, 4,979 common shares were withheld to cover tax liabilities at a price of $292.05 per share.
• Following these transactions, Boroughs directly owns 23,240 common shares.
• Boroughs also indirectly owns 1,585 shares through a Family Foundation, 36,447 shares through a Trust, and 36,446 shares through his Wife's Trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.

Negatives

• Timothy Alan Boroughs forfeited 975 common shares due to partial satisfaction of performance-based criteria.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Key Dates

Keywords

Form 4, Beneficial Ownership, Chubb Ltd, CB, Timothy Alan Boroughs, Executive Vice President, Stock Forfeiture, Tax Withholding, Common Shares, Long-Term Incentive Plan