HUGIN ROBERT J 4

What Happened

• Robert J. Hugin, a director of Chubb Limited (CB), was granted 1,135 restricted shares on 2026-05-21 as director fees under Chubb's long-term incentive plan (transaction coded as an award/grant).
• No purchase price is reported (shares were granted, not bought or sold). The award will vest on the day of the next annual Chubb shareholders meeting, provided Hugin remains a director on that date.
• The filing (Form 4) was submitted on 2026-05-26.

Key Details

• Transaction date: 2026-05-21 (Grant/Award, code A)
• Shares granted: 1,135 restricted shares; price: N/A (grant)
• Vesting: Vests on the date of the next annual Chubb Limited shareholders meeting, conditional on Hugin remaining a director (per footnote).
• Compliance note: Award granted under a Plan that meets Rule 16b-3 requirements (typical for director compensation).
• Beneficial ownership: The reporting person disclaims beneficial ownership of these securities (per footnote).
• Filing timeliness: Form filed 2026-05-26; this is one business day after the two-business-day Form 4 deadline for a 2026-05-21 transaction (i.e., the filing appears late by one business day).

Context

• Restricted stock awards are compensation for service and typically vest over time or upon a condition (here, continued board service until the next annual meeting). They are not the same as an open-market purchase (which can be viewed as a direct bullish signal).
• Because this is a compensation grant to a director and the filer disclaims beneficial ownership, it should be viewed as routine director compensation rather than an explicit endorsement to buy or sell the stock.