BURKE SHEILA P 4
4 · Chubb Ltd · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Chubb (CB) Director Sheila Burke Sells 193 Shares (Tax Withholding)
What Happened
Sheila P. Burke, a director of Chubb Ltd (CB), had 193 common shares withheld on 2026-05-21 to satisfy a tax liability related to vested awards. The shares were recorded at $330.26 each, for a total value of approximately $63,740. This disposition is a tax withholding (F) rather than an open-market sale.
Key Details
- Transaction date and price: 2026-05-21, 193 shares at $330.26 each (total ~$63,740).
- Transaction type/code: F — shares withheld to pay tax liability.
- Filing date: 2026-05-26 (filed 5 days after the transaction; appears to be late relative to the typical 2-business-day Form 4 deadline).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Relevant footnotes:
- F1: Common shares withheld to pay tax liability.
- F2: Market Value Units (MVUs) are fully vested and payable in common shares at separation unless deferred.
- F3: Total holdings note includes previously reported MVUs plus 150.31 shares credited via dividend investment provisions.
Context
This was a routine tax-withholding disposition tied to vested market-value awards (not an intentional market sale). Such withholdings are common when equity awards vest and do not by themselves indicate the insider's view of the company's stock.
Insider Transaction Report
Form 4Exit
BURKE SHEILA P
Director
Transactions
- Tax Payment
Common Shares
[F1]2026-05-21$330.26/sh−193$63,740→ 8,587 total
Holdings
- 11,719.61
Market Value Units
[F2][F3]Exercise: $0.00→ Common Shares (11,719.61 underlying)
Footnotes (3)
- [F1]Common Shares being withheld in order to pay tax liability.
- [F2]Market Value Units are fully vested and are payable in common shares and are paid out at separation from service, unless further deferred by the participant.
- [F3]Total includes Market Value Units previously reported as held by the reporting person plus 150.31 shares credited at various times between July 2025 and April 2026 to the reporting person's account pursuant to the dividend investment provisions of the Plan which meets the requirements of Rule 16b-3, but excludes derivative securities of other types and other tranches, different vesting terms, performance periods and conditions, exercise terms and conditions, and expiration dates, as applicable.
Signature
/s/ Samantha Froud, Attorney-in-Fact|2026-05-26