Ohsiek George F. 4

4 · Chubb Ltd · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

Chubb (CB) Chief Accounting Officer George Ohsiek Exercises Options, Sells Shares

What Happened

George F. Ohsiek, Chief Accounting Officer of Chubb Ltd (CB), exercised stock options to acquire 2,112 shares at $118.39 per share (cost $250,040) on 2026-02-12.
He sold a total of 5,140 common shares in open-market transactions: 1,240 shares on 2026-02-12 for $328.97 each (proceeds $407,923) and 3,900 shares on 2026-02-13 for $324.30 each (proceeds $1,264,775). Total sale proceeds ≈ $1,672,698.
The filing also reports 2,112 derivative shares disposed at $0.00, which typically reflects shares surrendered for option exercise costs or tax withholding (see footnotes).

Key Details

Transaction dates: exercise on 2026-02-12; sales on 2026-02-12 and 2026-02-13. Filing date: 2026-02-17 (covers trades 2/12–2/13).
Exercise detail: 2,112 shares acquired at $118.39 (M = option exercise). Acquisition value = $250,040.
Sales detail: 1,240 shares @ $328.97 (F1); 3,900 shares @ $324.30 (weighted avg; actual range $323.53–$324.89 per F2). Total proceeds ≈ $1,672,698.
Shares owned after the transactions: not specified in the provided summary.
Notable footnotes: F1/F2 explain sale-price reporting (one sale at same price; the other reported as a weighted average across a small price range). F3/F4 note vesting history and that totals include previously reported option tranches.
Derivative code/key: M = option exercise; the $0.00 disposal likely reflects withholding/surrendered shares related to the exercise.

Context

This was an option exercise accompanied by open-market sales. When exercised shares are sold soon after acquisition (as here), it often represents a cashless or partial cashless exercise and routine monetization rather than a straightforward purchase signal.
The sales generated substantially more proceeds than the exercise cost; however, without post-transaction holdings reported here, no conclusion about net holding change should be made.
All facts above are from the Form 4 filing; no inference about the insider’s motives is made.

Form 4

Period: 2026-02-12

Chief Accounting Officer

Transactions

Exercise/Conversion
Common Shares
2026-02-12$118.39/sh+2,112$250,040→ 22,156.456 total
Sale
Common Shares
[F1]
2026-02-12$328.97/sh−1,240$407,923→ 20,916.456 total
Sale
Common Shares
[F2]
2026-02-13$324.30/sh−3,900$1,264,775→ 17,016.456 total
Exercise/Conversion
Options to Acquire Common Shares
[F3]
2026-02-12−2,112→ 0 total
Exercise: $118.39Exp: 2026-02-25→ Common Shares (2,112 underlying)

Holdings

Footnotes (4)

[F1]The Common Shares reported herein as being sold were sold at the same price.
[F2]The Common Shares reported herein as being sold were sold at a range of between $323.53 and $324.89 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
[F3]Options vested as follows: 1/3 on February 25, 2017, 1/3 on February 25, 2018 and 1/3 on February 25, 2019.
[F4]Total includes previously reported options from other tranches with different exercise prices, vesting and expiration dates.

Signature

/s/ Samantha Froud, Attorney-in-Fact|2026-02-17

1 file