Chubb Ltd Chairman & CEO Evan Greenberg Sells $5.0M in Common Shares
Chubb Ltd
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Filing Summary
Chubb Ltd ($CB): Chairman & CEO Evan Greenberg reported open-market sales of 13,889 shares held via a revocable trust for ~$5.00M at an average price of $360.02 on October 29, 2026. Following the sale, he indirectly retains 277,274 shares in the trust alongside 171,347 direct shares.
Comprehensive Analysis
Executive Summary
On November 2, 2026, Chubb Ltd ($CB) Chairman & Chief Executive Officer Evan G. Greenberg reported transactions involving common shares executed on October 29, 2026. The key transaction was an open-market sale of 13,889 common shares held indirectly through a revocable trust at a weighted-average price of $360.0203 per share, totaling approximately $5.00 million.
Additionally, the filing reported:
- An option exercise on October 29, 2026, for 719 common shares at an exercise price of $139.01.
- A retrospective estate planning transfer on May 28, 2026, moving 291,163 shares from direct ownership to a revocable trust where Mr. Greenberg serves as sole trustee and beneficiary.
Transaction Breakdown
- Open-Market Sale (Code S): 13,889 common shares were sold indirectly by the Revocable Trust at prices ranging between $360.00 and $360.24 per share (weighted average $360.0203), realizing proceeds of $5,000,321.95.
- Option Exercise (Code M): 719 options expiring February 23, 2027, were exercised at $139.01 and acquired directly.
- Post-Transaction Beneficial Holdings:
- Direct: 171,347 common shares
- Indirect (Revocable Trust): 277,274 common shares
- Indirect (Daughter's Trust): 41,564 common shares
- Indirect (Spouse): 136 common shares
- Derivative Holdings: 251,087 stock options across other tranches
Market Significance
The transaction is categorized as Medium significance. While a $5.0 million open-market sale by the top executive commands market attention, it represents only a small portion (~2.8%) of Mr. Greenberg's total equity exposure in Chubb Ltd, which exceeds 490,000 shares plus extensive option awards.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
