McNamee Paul 4

What Happened
Paul McNamee, Executive Vice President (Chubb Group) and President, Overseas General Insurance, had 144 Chubb Ltd. (CB) common shares withheld to satisfy a tax liability on February 24, 2026. The withholding was reported at $336.85 per share, a total value of approximately $48,506. This is a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (timely Form 4 filing).
• Price per share: $336.85; Shares withheld/disposed: 144; Total value ≈ $48,506.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — "Common Shares withheld to pay tax liability." Transaction code F indicates withholding for taxes.
• This is not a purchase — it’s a tax-related withholding commonly seen after option exercises or vesting.

Context
Withholding shares to cover taxes is generally administrative: it reduces the insider’s net share count to meet tax obligations and is not the same as a voluntary open-market sale. The filing shows a routine tax withholding (code F) rather than a directional trade signal.