Form 4: Chubb Ltd. President & COO John W. Keogh Reports Stock Disposal for Tax Obligations
SEC Form 4
John W. Keogh, President & COO of Chubb Ltd, disposed of 18,862 common shares to cover tax liabilities on May 16, 2024.
Summary
- On May 16, 2024, John W. Keogh, the President & COO of Chubb Ltd, disposed of 18,862 common shares.
- The transaction was executed to cover tax liabilities.
- The shares were disposed of at a price of $264.88 per share.
- Following the transaction, Keogh directly owns 265,274 common shares.
- Keogh also indirectly owns shares through his daughter's trust: 9,792.66, 9,793.67 and 9,793.67 common shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine transaction for tax purposes.
Industry Context
This is a routine Form 4 filing, reflecting a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Disposal of 18,862 common shares. |
| 05/20/2024 | Date of signature by Attorney-in-Fact. |
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