Willis Towers Watson (NASDAQ: WTW) awards RSUs to Health, Wealth & Career chief

Rhea-AI Filing Summary

Gebauer Julie Jarecke reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson plc reported that executive Julie Jarecke Gebauer, Pres.-Health, Wealth & Career, received two awards of restricted share units on 2026-07-10 for 2.2402 and 65.4026 units at a reference price of $289.65 per unit. These compensation-related RSUs, credited under non-qualified deferred compensation plans, settle into ordinary shares on a 1:1 basis after separation from service, leaving plan balances of 5,594.8804 and 24,486.4233 units, respectively.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Gebauer Julie Jarecke

Role Pres.-Health, Wealth & Career

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	65.403	$289.65	$19K
Grant/Award	Restricted Share Unit	2.24	$289.65	$648.87

Holdings After Transaction: Restricted Share Unit — 24,486.423 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. 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. Includes restricted share units acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.

Key Figures

RSUs granted (award 1): 2.2402 units RSUs granted (award 2): 65.4026 units Reference price per unit: $289.6500 +2 more

5 metrics

RSUs granted (award 1) 2.2402 units Restricted share units credited on 2026-07-10

RSUs granted (award 2) 65.4026 units Restricted share units credited on 2026-07-10

Reference price per unit $289.6500 Transaction price per share used for the RSU awards

RSU balance after award 1 5,594.8804 units Total restricted share units following the smaller award

RSU balance after award 2 24,486.4233 units Total restricted share units following the larger award

Key Terms

Restricted share units, Non-Qualified Deferred Savings Plan, Stable Value Excess Plan, separation from service

4 terms

Restricted share units financial

"Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Non-Qualified Deferred Savings Plan financial

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

Stable Value Excess Plan financial

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

separation from service financial

"following the earlier of (i) the date that is 6 months after the reporting person's separation from service"

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Available on EDGAR 07/14/2026 - 04:10 PM Accepted by SEC EDGAR 07/14/2026 - 04:10 PM Learn about SEC filing dates

FAQ

What insider transaction did Willis Towers Watson (WTW) report for Julie Jarecke Gebauer?

Julie Jarecke Gebauer received two awards of restricted share units as executive compensation. On 2026-07-10 she was credited with 2.2402 and 65.4026 units under Willis Towers Watson’s non-qualified deferred compensation plans, rather than trading ordinary shares in the open market.

How many restricted share units did WTW executive Julie Jarecke Gebauer receive?

She received two separate restricted share unit credits of 2.2402 units and 65.4026 units. Both entries are derivative awards that convert into ordinary shares on a 1:1 basis under Willis Towers Watson’s non-qualified deferred compensation arrangements for U.S. employees.

At what reference price were Julie Jarecke Gebauer’s WTW restricted share units recorded?

Both restricted share unit awards were recorded at a reference price of $289.65 per unit. This price reflects the transaction price per share used for reporting purposes and does not indicate that Gebauer paid cash to acquire these compensation-related units.

When will Julie Jarecke Gebauer’s WTW restricted share units settle into ordinary shares?

The restricted share units settle into ordinary shares on a 1:1 basis after separation from service. One plan settles about six months after termination, while another settles on the first business day after six months from separation or 30 days after death, whichever is earlier.

What are Julie Jarecke Gebauer’s post-transaction RSU balances at Willis Towers Watson (WTW)?

After the reported awards, her restricted share unit balances in the relevant plans are 5,594.8804 units and 24,486.4233 units. These units represent deferred compensation that will ultimately be delivered as Willis Towers Watson ordinary shares under the plans’ settlement terms.

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)
07/10/2026

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)	07/10/2026		A		65.4026(2)		(1)	(1)	Ordinary Shares, nominal value $0.000304635 per share	65.4026	$289.65	24,486.4233	D
Restricted Share Unit	(3)	07/10/2026		A		2.2402(4)		(3)	(3)	Ordinary Shares, nominal value $0.000304635 per share	2.2402	$289.65	5,594.8804	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.

3. 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.

4. Includes restricted share units acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.

	/s/ Julie J. Gebauer by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)	07/14/2026
	** 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)