Ortega Juan Luis 4

What Happened
Juan Luis Ortega, Executive Vice President (Chubb Group and President, North America Insurance), had 179 Chubb Ltd. shares withheld to satisfy a tax liability related to an award or option exercise. The shares were valued at $336.85 each, totaling approximately $60,296. The filing reports the shares as disposed under code F (tax withholding).

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within the typical two-business-day Form 4 window).
• Price: $336.85 per share; Total value: ~$60,296.
• Shares withheld/disposed: 179 (footnote F1: "Common Shares withheld to pay tax liability").
• Shares owned after the transaction: not specified in this filing.
• Transaction type: tax withholding (code F), not an open-market sale or purchase.

Context
Tax-withholding dispositions are routine after option exercises or awards and reflect withholding of shares to cover tax obligations, not a discretionary sale of shares on the open market. Such transactions generally should not be interpreted as a directional trading signal about the insider’s view of the company.