Willis Towers Watson (WTW) awards RSUs to Health, Wealth & Career president

Rhea-AI Filing Summary

Willis Towers Watson PLC reported that executive Julie Jarecke Gebauer, President of Health, Wealth & Career, received a grant of 373.7073 restricted share units on Ordinary Shares. These units were valued at $280.1400 per unit for reporting purposes and increase her direct holdings to 24,342.2604 restricted share units.

According to the filing, the restricted share units convert into Ordinary Shares with a nominal value of $0.000304635 per share on a 1:1 basis, settling six months after her termination date. The total includes units credited under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, reflecting both her deferral elections and the company’s matching contributions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gebauer Julie Jarecke

Role Pres.-Health, Wealth & Career

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	373.707	$280.14	$105K

Holdings After Transaction: Restricted Share Unit — 24,342.26 shares (Direct)

Footnotes (1)

1. Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis 6 months after the reporting person's termination date. Includes restricted share units acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan"), including the participant's deferral election under the Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Plan.

Key Figures

RSUs granted: 373.7073 units Reported unit value: $280.1400 per unit RSUs after grant: 24,342.2604 units +1 more

4 metrics

RSUs granted 373.7073 units Grant of restricted share units on 2026-04-10

Reported unit value $280.1400 per unit Value used for the restricted share unit grant

RSUs after grant 24,342.2604 units Total direct restricted share unit holdings following transaction

Ordinary share nominal value $0.000304635 per share Nominal value of underlying Ordinary Shares

Key Terms

Restricted Share Unit, Non-Qualified Deferred Savings Plan, matching contribution

3 terms

Restricted Share Unit financial

"373.7073 restricted share units on Ordinary Shares"

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

Non-Qualified Deferred Savings Plan financial

"acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees"

matching contribution financial

"the Company's matching contribution on the participant's deferral election credited to the participant's account"

An employer’s matching contribution is when a company adds money to an employee’s retirement or savings account based on the employee’s own contributions, like a store offering to top up a customer’s purchase to reach a discount threshold. It matters to investors because matching increases a firm’s compensation costs and can improve staff retention and morale, which affect productivity, cash flow and long-term liabilities that influence a company’s financial outlook.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gebauer Julie Jarecke

(Last) (First) (Middle)

C/O WILLIS GROUP LIMITED

51 LIME STREET

(Street)

LONDON EC3M 7DQ

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
WILLIS TOWERS WATSON PLC [ WTW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres.-Health, Wealth & Career

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Unit	(1)	04/10/2026		A		373.7073(2)		(1)	(1)	Ordinary Shares, nominal value $0.000304635 per share	373.7073	$280.14	24,342.2604	D

Explanation of Responses:

1. Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis 6 months after the reporting person's termination date.

2. Includes restricted share units acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan"), including the participant's deferral election under the Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Plan.

	/s/ Julie J. Gebauer by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	04/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WTW report for Julie Jarecke Gebauer?

WTW reported that executive Julie Jarecke Gebauer received a grant of 373.7073 restricted share units. These units are tied to Ordinary Shares and reflect compensation rather than an open-market purchase, increasing her total direct restricted share unit holdings to 24,342.2604 units.

How many Willis Towers Watson restricted share units does the insider now hold?

After the latest grant, the reporting person directly holds 24,342.2604 restricted share units. This figure includes units granted under the company’s Non-Qualified Deferred Savings Plan for U.S. Employees, combining her own deferrals and employer matching contributions into a single reported balance.

At what value were the new WTW restricted share units reported?

The 373.7073 newly granted restricted share units were reported at a value of $280.1400 per unit. This value is used for disclosure and accounting purposes and does not represent an open-market purchase price paid by the executive for the shares.

When do the WTW restricted share units granted to the executive settle?

The restricted share units settle into Ordinary Shares on a 1:1 basis six months after the reporting person’s termination date. This means actual share delivery is deferred, aligning the value of the award with the executive’s continued service and eventual departure from the company.

What role does the WTW Non-Qualified Deferred Savings Plan play in this Form 4?

The filing states that reported restricted share units include amounts credited under the WTW Non-Qualified Deferred Savings Plan. Units arise from the participant’s deferral elections and the company’s matching contributions, all recorded as restricted share units in the executive’s account for reporting purposes.