Chubb’s president John Keogh sells $2.87 million in stock

Published 10/06/2025, 23:36
Chubb’s president John Keogh sells $2.87 million in stock

Chubb Ltd (NYSE:CB) President and COO John W. Keogh recently made notable transactions involving the company’s common shares. On June 6, 2025, Keogh sold 9,793.67 shares at a price of $292.99 per share, resulting in a total sale value of approximately $2.87 million. These shares were held indirectly through a trust associated with his daughter.

In a separate transaction on the same day, Keogh acquired 9,809.67 shares at the same price of $292.99 per share, totaling approximately $2.87 million. This acquisition was made directly, increasing his direct ownership to 247,537.67 shares following the transaction.

The transactions reflect changes in Keogh’s holdings, as detailed in a recent SEC filing, and highlight ongoing activity by Chubb’s executive management in the company’s stock.

In other recent news, Chubb Limited announced a 6.6% increase in its annual dividend, raising it to $3.88 per share, marking the 32nd consecutive year of dividend growth. This decision was made at the company’s Annual General Meeting, where shareholders also approved a new $5 billion share repurchase program set to begin on July 1, 2025. Additionally, during the AGM, Chubb’s shareholders renewed the company’s capital band, allowing for adjustments to share capital by up to 20% until May 15, 2026. In executive news, Tim Boroughs was appointed Vice Chairman, while Chris Hogan was promoted to Chief Investment Officer, reflecting Chubb’s commitment to strong leadership. On the analyst front, Deutsche Bank (ETR:DBKGn) downgraded Chubb’s stock from Buy to Hold, adjusting the price target to $303, citing concerns about the insurance pricing cycle. Keefe, Bruyette & Woods also revised Chubb’s price target to $314, maintaining an Outperform rating despite anticipated slower growth in investment income. The analyst firm remains optimistic about Chubb’s ability to outperform the market, highlighting its strong underwriting margins and resilience in property and casualty pricing. These developments reflect the company’s strategic moves and market challenges as it navigates the current financial landscape.

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