Keogh John W 4

What Happened
John W. Keogh, President & COO of Chubb Ltd (CB), had 29,556 common shares withheld to pay tax liabilities tied to equity awards and 5,033 restricted shares forfeited. The withheld shares were recorded at $330.26 per share (29,556 × $330.26 = $9,761,165). The 5,033 shares were reported with a $0.00 value (forfeited), per the filing.

Key Details

• Transaction date: May 21, 2026; Form 4 filed May 26, 2026 (appears filed after the typical two-business-day window).
• Withholding: 29,556 shares @ $330.26 each, total value ~$9,761,165 — withheld to pay tax liability (code F; footnote F2).
• Forfeiture: 5,033 restricted shares reported as disposed to the issuer @ $0.00 (code D); footnote F1 says these represent restricted stock forfeited due to partial satisfaction of performance criteria.
• Footnote F3 notes a prior clerical one-share misreporting in the March 4, 2026 filing.
• Shares owned after the transactions are not stated in the provided filing excerpt.

Context
These transactions are administrative (tax withholding and forfeiture) tied to equity awards, not open-market sales or purchases, so they generally do not signal buying/selling sentiment. Withholding to cover taxes is common when restricted stock vests or performance shares settle. The apparent late filing (transaction May 21; Form 4 filed May 26) may be worth noting for compliance monitoring.