Form 4: Chubb Ltd President & COO John W. Keogh Reports Stock Transaction
SEC Form 4
John W. Keogh, President & COO of Chubb Ltd, reports a transaction involving common shares on February 27, 2024, to cover tax liabilities.
Summary
- On February 27, 2024, John W. Keogh, the President & COO of Chubb Ltd, engaged in a transaction involving the company's common shares.
- Specifically, 732 common shares were disposed of at a price of $254.87 per share to cover tax liabilities.
- Following this transaction, Keogh directly owns 278,424 common shares.
- Keogh also indirectly owns shares through a daughter's trust and another trust, with varying amounts.
- The filing was signed by Samantha Froud, Attorney-in-fact, on February 29, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions for tax purposes.
Industry Context
This is a routine disclosure related to insider transactions and is a standard practice for corporate officers.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of the stock transaction (disposal of shares). |
| 02/29/2024 | Date of signature by Attorney-in-fact. |
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