Enns Peter C. 4

What Happened
Peter C. Enns, Chief Financial Officer of Chubb Ltd (CB), disposed of two blocks of shares on 2026-05-21. He forfeited 1,869 restricted shares (disposed at $0.00) and had 11,730 common shares withheld to satisfy his tax liability at an effective price of $330.26 per share, a withholding value of $3,873,950.

Key Details

• Transactions reported: 2026-05-21; filing date: 2026-05-26 (filed within required 2 business days given the Memorial Day holiday on 5/25).
• Forfeiture: 1,869 shares disposed to the issuer at $0.00 (footnote F1 — forfeited due to partial satisfaction of performance criteria under the 2016 Long-Term Incentive Plan).
• Tax withholding: 11,730 shares withheld at $330.26/share for taxes (footnote F2), total value ≈ $3,873,950. Transaction code F indicates shares withheld to pay tax liability.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context

• These transactions are not open-market sales but internal adjustments: one forfeiture of performance-based restricted stock and one withholding of shares to cover taxes (a routine post-award tax settlement).
• For retail investors, tax-withholding or forfeiture events typically reflect compensation settlement mechanics rather than a direct buy/sell signal about the executive’s market view.