Willis Towers Watson officer receives dividend share awards

Imran Ahmed Qureshi, Global Head of Geographies at Willis Towers Watson PLC, reported receiving small equity-based awards on July 15, 2026.

Rhea-AI Filing Summary

Imran Ahmed Qureshi, Global Head of Geographies at Willis Towers Watson PLC, reported receiving small equity-based awards on July 15, 2026. He acquired 6.354 ordinary shares as dividend equivalent rights on prior restricted share units, bringing his direct holdings to 2,359.010 ordinary shares. He was also credited 10.3745 and 5.6843 restricted share units as dividend and matching contributions under non-qualified employee plans, each convertible into one ordinary share on deferred settlement schedules. He additionally reports indirect ownership of 9,860.871 ordinary shares through a revocable trust.

Insider Trade Summary

Grant/Award: 22.4128 shares

Grant/Award 4 txns

Insider Qureshi Imran Ahmed

Role Global Head of Geographies

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit F2, F3	10.3745	$0.00	$0.00
Grant/Award	Restricted Share Unit F4, F5	5.6843	$0.00	$0.00
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share F1	6.354	$0.00	$0.00
holding	Ordinary Shares, nominal value $0.000304635 per share	--	--	--

Holdings After Transaction: Restricted Share Unit — 4,837.3746 contracts (Direct); Ordinary Shares, nominal value $0.000304635 per share — 2,359.01 shares (Direct); Ordinary Shares, nominal value $0.000304635 per share — 9,860.871 shares (Indirect, Revocable Trust)

Footnotes (5)

1. F1. The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit awards and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.
2. F2. 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.
3. F3. Represents dividends 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.
4. F4. Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death.
5. F5. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess 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 Excess Plan.

Key Figures

Direct ordinary shares after awards: 2,359.010 shares Indirect ordinary shares via revocable trust: 9,860.871 shares Dividend equivalent ordinary shares acquired: 6.354 shares +4 more

7 metrics

Direct ordinary shares after awards 2,359.010 shares Direct holdings of Willis Towers Watson ordinary shares after July 15, 2026 acquisition

Indirect ordinary shares via revocable trust 9,860.871 shares Indirect ownership through a revocable trust as of July 15, 2026

Dividend equivalent ordinary shares acquired 6.354 shares Ordinary shares credited as dividend equivalent rights on restricted share units on July 15, 2026

Deferred Savings Plan RSUs after credit 3,143.4147 units Restricted share units under the Non-Qualified Deferred Savings Plan after 10.3745-unit dividend and match credit

Excess Plan RSUs after credit 1,693.9599 units Restricted share units under the Non-Qualified Stable Value Excess Plan after 5.6843-unit dividend and match credit

RSU settlement delay after termination 6 months Certain RSUs settle into ordinary shares 6 months after the reporting person’s termination date

Alternate RSU settlement after death 30 days Stable Value Excess Plan RSUs may settle 30 days after death, subject to business day conditions

Key Terms

dividend equivalent rights, Restricted Share Unit, Non-Qualified Deferred Savings Plan, Non-Qualified Stable Value Excess Plan, +1 more

5 terms

dividend equivalent rights financial

"The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit awards"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

Restricted Share Unit financial

"Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis"

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

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

Non-Qualified Stable Value Excess Plan financial

"pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees"

revocable trust financial

"total_shares_following_transaction 9860.8710, ownership type Indirect, nature of ownership Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity awards did Imran Ahmed Qureshi report at Willis Towers Watson (WTW) on July 15, 2026?

On July 15, 2026, he received 6.354 ordinary shares as dividend equivalents and 10.3745 plus 5.6843 restricted share units linked to non-qualified plans. These awards represent dividend credits and company matching contributions rather than market purchases or sales of Willis Towers Watson (WTW) stock.

How many Willis Towers Watson (WTW) shares does Imran Ahmed Qureshi hold directly and indirectly after the latest Form 4?

After these awards, he directly holds 2,359.010 Willis Towers Watson ordinary shares and indirectly holds 9,860.871 shares through a revocable trust. He also holds restricted share units that are each economically equivalent to one ordinary share and settle on future deferred dates.

What are the settlement terms for Imran Ahmed Qureshi’s restricted share units at Willis Towers Watson (WTW)?

Certain restricted share units settle into ordinary shares on a 1:1 basis 6 months after his termination date. Others under the Stable Value Excess Plan settle on the first business day after the earlier of 6 months post-separation or 30 days after his death, subject to NASDAQ business days.

Were Imran Ahmed Qureshi’s July 15, 2026 WTW Form 4 transactions made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, indicating these awards are not reported as executed under a Rule 10b5-1 trading plan. They reflect scheduled equity accruals from existing compensation arrangements, primarily dividend-related credits in company plans.

How are dividend equivalent rights reflected in Imran Ahmed Qureshi’s Willis Towers Watson (WTW) equity compensation?

Dividend equivalent rights accrued on his previously reported restricted share unit awards and are the economic equivalent of one WTW ordinary share each. On July 15, 2026, this produced an additional 6.354 ordinary shares credited to him, vesting on the same schedule as the underlying RSUs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/17/2026 - 04:13 PM Learn about SEC filing dates

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^*

Qureshi Imran Ahmed

(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)
	Global Head of Geographies

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

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
Ordinary Shares, nominal value $0.000304635 per share	07/15/2026		A		6.354(1)	A	$0	2,359.01	D
Ordinary Shares, nominal value $0.000304635 per share								9,860.871	I	Revocable Trust

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	(2)	07/15/2026		A		10.3745(3)		(2)	(2)	Ordinary Shares, nominal value $0.000304635 per share	10.3745	$0	3,143.4147	D
Restricted Share Unit	(4)	07/15/2026		A		5.6843(5)		(4)	(4)	Ordinary Shares, nominal value $0.000304635 per share	5.6843	$0	1,693.9599	D

Explanation of Responses:

1. The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit awards and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.

2. 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.

3. Represents dividends 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.

4. Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death.

5. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess 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 Excess Plan.

	/s/ Imran Qureshi by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	07/17/2026
	** 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)