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Chubb Ltd Director's Dealing 2024

Jun 24, 2024

29852_dirs_2024-06-24_49a99a66-5fb7-4455-9a28-1ec6b9bc8dbf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2024-06-20

Reporting Person: Enns Peter C. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-06-20 Common Shares S 3000 $263.92 Disposed 51053 Direct
2024-06-20 Common Shares S 5200 $267.29 Disposed 45853 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Stock Units $0 Common Shares () 24526 Direct

Footnotes

F1: The Common Shares reported herein as being sold were sold at a range of between $263.80 and $264.145 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range.

F2: The totals reported in Tables I and II have been decreased and increased, respectively, to reflect the replacement of (i) 3,065 performance-based restricted stock awards pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan") with 3,065 performance stock units ("PSUs") pursuant to the Plan and (ii) 3,065 performance-based restricted stock awards pursuant to the Plan, representing a premium award, with 3,065 PSUs pursuant to the Plan, representing a premium award. As with the previously-reported performance-based restricted stock awards, the PSUs vest in whole or in part on the third anniversary of the award subject to the satisfaction of certain service and performance-based criteria. Each PSU represents a contingent right to receive one Common Share, and any PSUs that have not vested at the third anniversary of the award will be cancelled. Dividends shall be accumulated and distributed only when, and to the extent that, the PSUs have vested.

F3: The sale price reported above has been rounded to the nearest cent.

F4: This Form 4 does not report a new award of securities. The awards were originally granted on 02/26/2024 and previously reported on a Form 4 filed on 02/28/2024. See footnote 2 for additional information. Total includes other PSUs also granted on 02/26/2024 and previously reported on a Form 4 filed on 02/28/2024.