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Willis Towers Watson (WTW) executive logs new RSU grant and tax withholding moves

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Willis Towers Watson executive Imran Ahmed Qureshi reported routine equity compensation activity. He received 1,053.749 time-based restricted share units (RSUs), each representing the right to receive an ordinary share. These RSUs vest in three equal annual installments on the first, second, and third anniversaries of the grant date.

The filing also shows 117.607 shares withheld by the company to cover taxes related to the vesting and settlement of earlier RSU awards, a non-market disposition. Following these transactions, Qureshi holds 2,352.656 shares directly and 9,860.871 shares indirectly through a revocable trust, reflecting a transfer of shares into that trust.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant and tax withholding with modest scale.

Global Head of Geographies Imran Ahmed Qureshi received 1,053.749 time-based RSUs at a zero price, a standard form of stock-based compensation that vests over three years. This aligns his long-term incentives with ordinary shareholders without an immediate cash transaction.

The 117.607 shares classified under code F were withheld to satisfy tax obligations from earlier RSU vesting, not sold on the open market. Post-transaction holdings of 2,352.656 direct shares and 9,860.871 indirect shares via a revocable trust indicate these are small, administrative moves rather than a strategic change in ownership.

Insider Qureshi Imran Ahmed
Role Global Head of Geographies
Type Security Shares Price Value
Tax Withholding Ordinary Shares, nominal value $0.000304635 per share 117.607 $297.64 $35K
Grant/Award Ordinary Shares, nominal value $0.000304635 per share 1,053.749 $0.00 --
holding Ordinary Shares, nominal value $0.000304635 per share -- -- --
Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 2,352.656 shares (Direct, null); Ordinary Shares, nominal value $0.000304635 per share — 9,860.871 shares (Indirect, Revocable Trust)
Footnotes (1)
  1. Comprised of 1053.749 time-based restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000304635 per share, of the Issuer. The RSUs shall vest ratably over a three-year period as of the first, second and third anniversaries of the grant date. Includes 11 shares relating to dividend equivalent rights that previously accrued on the reporting person's RSU awards and were not included in the prior Form 4 due to processing and settlement on April 21, 2026. Withholding of shares by Issuer incident to the tax payment related to the vesting and settlement of RSUs granted on April 20, 2025. Reflects the transfer of shares to the reporting person's revocable trust following the vesting and settlement reported in this Form 4.
RSU grant 1,053.749 units Time-based RSUs granted, vesting over three years
Tax-withheld shares 117.607 shares at $297.64 Shares withheld to cover RSU-related tax liability
Direct holdings after transactions 2,352.656 shares Ordinary shares held directly by Qureshi
Indirect trust holdings 9,860.871 shares Ordinary shares held via revocable trust
RSU dividend equivalents 11 shares Dividend equivalent rights added to prior RSU awards
restricted share units financial
"Comprised of 1053.749 time-based restricted share units ("RSUs"), which represent the right to receive ordinary shares"
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.
RSUs financial
"The RSUs shall vest ratably over a three-year period as of the first, second and third anniversaries"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
dividend equivalent rights financial
"Includes 11 shares relating to dividend equivalent rights that previously accrued on the reporting person's RSU 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.
revocable trust financial
"Reflects the transfer of shares to the reporting person's revocable trust following the vesting and settlement"
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.
SEC Form 4
FORM 4UNITED 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)
LONDONEC3M 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Global Head of Geographies
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares, nominal value $0.000304635 per share04/20/2026A1,053.749(1)A$02,629.134(2)D
Ordinary Shares, nominal value $0.000304635 per share04/21/2026F117.607(3)D$297.642,352.656D
Ordinary Shares, nominal value $0.000304635 per share9,860.871(4)IRevocable 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Comprised of 1053.749 time-based restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000304635 per share, of the Issuer. The RSUs shall vest ratably over a three-year period as of the first, second and third anniversaries of the grant date.
2. Includes 11 shares relating to dividend equivalent rights that previously accrued on the reporting person's RSU awards and were not included in the prior Form 4 due to processing and settlement on April 21, 2026.
3. Withholding of shares by Issuer incident to the tax payment related to the vesting and settlement of RSUs granted on April 20, 2025.
4. Reflects the transfer of shares to the reporting person's revocable trust following the vesting and settlement reported in this Form 4.
/s/ Imran Qureshi by Gary Pang, Attorney-in-Fact (power of attorney previously filed)04/22/2026
** Signature of Reporting PersonDate
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 did Imran Ahmed Qureshi report in the latest WTW Form 4 filing?

Imran Ahmed Qureshi reported a grant of 1,053.749 time-based RSUs and routine tax-related share withholding. The RSUs convert into ordinary shares over three years, while 117.607 shares were withheld by Willis Towers Watson to cover taxes from earlier RSU vesting and settlement.

How many Willis Towers Watson RSUs were granted to Imran Ahmed Qureshi?

He received 1,053.749 time-based restricted share units, each representing a right to one ordinary share. These RSUs vest ratably over three years on the first, second, and third anniversaries of the grant date, providing a staggered, long-term equity incentive structure tied to continued service.

Was there an open-market sale of WTW shares in this Form 4?

No open-market sale was reported. The 117.607 shares shown as a disposition were withheld by Willis Towers Watson to pay taxes on RSUs that vested earlier. This tax-withholding mechanism is a standard, non-market transaction and does not reflect discretionary selling activity.

What are Imran Ahmed Qureshi’s WTW share holdings after these transactions?

After the reported transactions, he directly owns 2,352.656 ordinary shares and indirectly owns 9,860.871 shares through a revocable trust. The trust holding reflects a transfer of shares into that structure following RSU vesting and settlement, as noted in the Form 4 footnotes.

How do the new RSUs for WTW’s Imran Ahmed Qureshi vest over time?

The 1,053.749 time-based RSUs vest ratably over three years, with one-third vesting on each of the first, second, and third anniversaries of the grant date. On each vesting date, the RSUs convert into Willis Towers Watson ordinary shares for the executive.