Chubb Ltd·4

May 26, 4:15 PM ET

BURKE SHEILA P 4

Research Summary

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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.