Chubb Ltd·4

Feb 26, 4:10 PM ET

Wayland Joseph F 4

Research Summary

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Chubb (CB) GC Wayland Joseph F Withholds 236 Shares for Taxes

What Happened
Wayland Joseph F, Executive Vice President and General Counsel of Chubb Ltd (CB), had 236 common shares withheld to satisfy a tax liability associated with equity compensation. The shares were disposed at $336.85 per share for a total of $79,497. This was a withholding to cover taxes (transaction code F), not an open-market sale.

Key Details

  • Transaction date: February 24, 2026; Filing date: February 26, 2026 (filing appears timely).
  • Price: $336.85 per share; Shares withheld/disposed: 236; Total value: $79,497.
  • Shares owned after transaction: Not reported on this Form 4.
  • Footnote: F1 — "Common Shares withheld to pay tax liability."
  • Transaction type: F (payment of exercise price or tax liability / tax withholding).

Context
Share withholding is a routine way for companies or insiders to satisfy tax obligations from awards or option exercises (a form of cashless settlement). Because the shares were withheld for taxes rather than sold on the open market, this transaction is generally considered administrative and does not necessarily indicate the insider's market view. Purchases tend to be more informative about insider sentiment than tax-withholding dispositions.