Steimer Olivier 4

What Happened Olivier Steimer, a director of Chubb Ltd (CB), sold 2,000 common shares in an open-market transaction on March 19, 2026. The shares were sold at $329.30 per share for total proceeds of $658,600. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-03-19; filing date: 2026-03-20 (timely filing).
• Price and size: 2,000 shares sold at $329.30 each; proceeds ≈ $658,600.
• Transaction type: Sale (open market or private sale as reported).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: The shares sold were all sold at the same price ($329.30).
  • F2: The reported total includes 39.15 shares that were credited between July 3, 2025 and January 2, 2026 to the reporting person's deferred stock account under the Plan (dividend reinvestment), which meets Rule 16b-3 requirements.
• No 10b5-1 plan, option exercise, or gift was indicated in the provided data.

Context

• Sales by directors are common and may be routine (e.g., portfolio diversification or liquidity); they do not by themselves indicate the director’s view of the company. Purchases generally provide stronger signals of insider confidence.