Willis Towers Watson (WTW) CHRO gains dividend-linked share and RSU credits
Rhea-AI Filing Summary
Willis Towers Watson PLC executive Kristy D. Banas, Chief Human Resources Officer, reported compensation-related acquisitions on July 15, 2026. She was credited with 5.1740 dividend equivalent rights economically equivalent to Ordinary Shares, and additional restricted share units of 1.8667 and 4.3451 tied to non-qualified employee plans and dividend accruals. Following these transactions, she directly holds 11,365.7038 Ordinary Shares and 556.2179 and 1,338.1591 restricted share units in the respective plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5.174 shares
Net Buy
3 txns
Insider
Banas Kristy D
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit F2, F3 | 4.3451 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Unit F4, F5 | 1.8667 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares, nominal value $0.000304635 per share F1 | 5.174 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Unit — 1,894.377 shares (Direct);
Ordinary Shares, nominal value $0.000304635 per share — 11,365.7038 shares (Direct)
Footnotes (5)
- 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.
- 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.
- 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.
- 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.
- 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
Ordinary Shares acquired: 5.1740 shares
Ordinary Shares held after: 11,365.7038 shares
RSUs acquired (Excess Plan): 1.8667 units
+4 more
7 metrics
Ordinary Shares acquired
5.1740 shares
Dividend equivalent rights credited on July 15, 2026
Ordinary Shares held after
11,365.7038 shares
Direct Ordinary Share holdings following the non-derivative acquisition
RSUs acquired (Excess Plan)
1.8667 units
Restricted share units credited under the Non-Qualified Stable Value Excess Plan
RSUs held after (Excess Plan)
556.2179 units
Total restricted share units in the Excess Plan after the transaction
RSUs acquired (Deferred Savings Plan)
4.3451 units
Restricted share units credited under the Non-Qualified Deferred Savings Plan
RSUs held after (Deferred Savings Plan)
1,338.1591 units
Total restricted share units in the Deferred Savings Plan after the transaction
Settlement timing
6 months
Certain RSUs settle 6 months after separation from service or termination date
Key Terms
dividend equivalent rights, Restricted Share Unit, Non-Qualified Deferred Savings Plan, Non-Qualified Stable Value Excess Plan
4 terms
dividend equivalent rights financial
"The dividend equivalent rights accrued on the reporting person's previously reported restricted share"
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.
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Kristy D. Banas report for WTW on July 15, 2026?
Kristy D. Banas reported three compensation-related acquisitions: 5.1740 dividend equivalent rights linked to Ordinary Shares and two restricted share unit credits of 1.8667 and 4.3451 units, all arising from dividends and non-qualified plan elections rather than open-market trading.
Were the WTW insider transactions by Kristy D. Banas open-market buys or sells?
No. All reported transactions are awards and credits, not open‑market buys or sells. They represent dividend equivalent rights and restricted share units from non-qualified savings and excess plans plus related company matching contributions.
How do the dividend equivalent rights work for Kristy D. Banas’s WTW awards?
Dividend equivalent rights accrue on previously reported restricted share units and will vest on the same schedule as the underlying awards. Each right is the economic equivalent of one WTW Ordinary Share, increasing her share-equivalent exposure over time.