Form 4: Chubb Ltd. President & COO John W. Keogh Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John W. Keogh, President & COO of Chubb Ltd, reports changes in beneficial ownership of common shares due to gift transactions.
Summary
- On March 5, 2024, John W. Keogh, the President & COO of Chubb Ltd, reported changes in his beneficial ownership of Chubb's common shares.
- The transactions involved gifts of common shares, with some shares being disposed of and others acquired through trusts.
- Specifically, 3,373 shares were disposed of by trust, while 3,373 shares were acquired by a daughter's trust.
- These transactions occurred multiple times.
- Following these transactions, Keogh directly owns 285,135 common shares and indirectly owns shares through various trusts.
- 6,711 shares previously held indirectly were transferred to the reporting person in satisfaction of an annuity obligation.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key executives.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transactions involving common shares. |
| 03/07/2024 | Date of signature by Attorney-in-fact. |
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