Chubb Ltd EVP boroughs sells $3.38 million in shares

Published 26/11/2025, 21:46
Chubb Ltd EVP boroughs sells $3.38 million in shares

Chubb Ltd (NYSE:CB) Executive Vice President Timothy Alan Boroughs sold 11,430 common shares of the company on November 24, 2025, for approximately $3.38 million. The sales were executed in two tranches, with prices ranging from $295.19 to $296.17 per share.

Specifically, Boroughs sold 10,580 shares at a weighted average price of $296.17, and another 850 shares at a weighted average price of $295.19. Following these transactions, Boroughs directly owns 12,660 shares.

Additionally, Boroughs transferred 850 shares to a Family Foundation for no consideration.

In other recent news, Chubb Limited announced the declaration of a quarterly dividend of $0.97 per share, payable on January 2, 2026, to shareholders of record as of December 12, 2025. This marks the third installment of dividends approved earlier in May 2025. In leadership updates, Bill Hazelton has been appointed as Chief Operating Officer for Chubb North America Field Operations, effective December 1, 2025. Additionally, Susan Spivak has been named Senior Vice President of Investor Relations, bringing over 20 years of experience to the role. In a significant change, Vice Chairman John Lupica will retire on December 31, 2025, after a 25-year tenure with Chubb. Meanwhile, Goldman Sachs has raised its price target for Chubb to $309, maintaining a Neutral rating. The investment bank has also increased its earnings per share estimates for 2026 and 2027, citing an anticipated $10 billion increase in capital deployment. These developments reflect ongoing strategic and operational adjustments within the company.

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