Chubb Ltd·4

Feb 26, 4:10 PM ET

Ohsiek George F. 4

Research Summary

AI-generated summary

Updated

Chubb (CB) CAO George Ohsiek: 90 Shares Withheld for Taxes

What Happened

  • George F. Ohsiek, Chief Accounting Officer of Chubb Ltd (CB), had 90 common shares withheld to satisfy a tax liability (transaction code F). The shares were valued at $336.85 each, totaling approximately $30,317. This was a withholding/disposition of shares, not an open-market sale.

Key Details

  • Transaction date: 2026-02-24; reported on Form 4 filed 2026-02-26 (timely filing).
  • Price per share: $336.85; total value of withheld shares: ~$30,317.
  • Shares withheld: 90 (disposed via withholding to cover taxes).
  • Footnote: F1 — Common Shares withheld to pay tax liability.
  • Post-transaction holdings: not specified in the provided filing excerpt.

Context

  • Code F indicates shares were withheld to cover tax obligations arising from equity compensation (e.g., an award or option exercise). This is a routine tax-withholding event (often a net share settlement) and should not be interpreted as a directional buy/sell signal by itself.