Keogh John W 4
Research Summary
AI-generated summary
Chubb (CB) President & COO John Keogh Sells Shares
What Happened
- John W. Keogh, President & COO of Chubb Ltd (CB), reported open-market sales of 20,176 shares at a weighted average ~$321.45 and 2,824 shares at a weighted average ~$321.95 on May 27, 2026 — a total of 23,000 shares for roughly $7.39 million in proceeds.
- The filing also reports gift transactions: a disposal of 61,000 shares by gift and an acquisition of 61,000 shares by gift on May 27, plus a gift disposal of 1,352 shares on May 28. Gifts are reported at $0 per share.
Key Details
- Transaction dates: May 27, 2026 (sales and large gifts) and May 28, 2026 (additional gift).
- Sale prices/ranges: weighted averages reported as $321.45 and $321.95; footnotes indicate the sales occurred across ranges $320.86–$321.86 and $321.87–$321.98 respectively (report shows rounded weighted averages).
- Total proceeds from reported sales: approximately $7,394,740.
- Shares owned after transaction: not specified in the details provided in your summary (not included here).
- Footnotes: F1 and F2 explain price ranges and availability of per-price breakdown on request; F3 denotes gift transactions.
- Timeliness: Period of report 2026-05-27, filed 2026-05-29 — filing appears timely (within the standard two-business-day window).
Context
- The sales were open-market disposals (code S); such sales are commonly routine liquidity events and do not by themselves indicate management’s view of company prospects.
- Gift transactions (code G) are not purchases and generally reflect personal or estate planning transfers rather than trading intent.