Willis Towers Watson (WTW) director has shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willis Towers Watson director Michael P. Hammond reported a tax-related share disposition tied to restricted share unit vesting. On the vesting and settlement of 709.655 restricted share units granted on May 15, 2025, 340.635 ordinary shares were withheld by the company at a price of $247.64 per share to cover tax obligations. After this non-market transaction, Hammond directly holds 2,164.020 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hammond Michael P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares, nominal value $0.000304635 per share | 340.635 | $247.64 | $84K |
Holdings After Transaction:
Ordinary Shares, nominal value $0.000304635 per share — 2,164.02 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 340.635 shares
Transaction price: $247.64 per share
RSUs vested: 709.655 units
+2 more
5 metrics
Tax-withholding shares
340.635 shares
Ordinary shares withheld to cover tax on RSU vesting
Transaction price
$247.64 per share
Value applied to withheld shares for tax payment
RSUs vested
709.655 units
Restricted share units granted on May 15, 2025 that vested
Shares held after transaction
2,164.020 shares
Direct holdings of Michael P. Hammond following withholding
Transaction date
May 15, 2026
Date of tax-withholding disposition reported on Form 4
Key Terms
restricted share units, tax-withholding disposition, Ordinary Shares, nominal value $0.000304635 per share, Payment of exercise price or tax liability by delivering securities
4 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 340.635 ordinary shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transaction did WTW director Michael P. Hammond report?
Michael P. Hammond reported a tax-withholding disposition of 340.635 Willis Towers Watson ordinary shares. The shares were withheld by the company to satisfy tax obligations related to vesting restricted share units, rather than sold in the open market.
What RSU vesting event triggered Michael Hammond’s WTW tax withholding?
The tax withholding was triggered by the vesting and settlement of 709.655 restricted share units granted on May 15, 2025. Upon vesting, a portion of the resulting shares was withheld by the issuer to cover related tax liabilities.