How many restricted share units did Matthew Furman receive in this WTW Form 4?

He received 154.7738 restricted share units in one transaction and 9.4863 restricted share units in another, each with a value of $329.45 per unit.

What are Matthew Furman’s WTW restricted share unit holdings after these transactions?

Following the reported awards, he beneficially owns 3,354.3165 restricted share units under one plan and 2,553.5715 restricted share units under another, all reported as direct holdings.

How and when do these Willis Towers Watson restricted share units settle into ordinary shares?

The restricted share units generally settle into ordinary shares on a 1:1 basis . Units tied to the Non-Qualified Deferred Savings Plan settle six months after the reporting person’s termination date , while vested units under the Non-Qualified Stable Value Excess Plan settle on the first business day of a month when NASDAQ is open after the earlier of six months post-separation or 30 days after death.

Willis Towers Watson (NASDAQ: WTW) GC receives restricted share units

Q: What insider transaction did WTW report for its General Counsel Matthew Furman?

The company reported that Matthew Furman , General Counsel of Willis Towers Watson, received two awards of restricted share units on January 12, 2026 , as disclosed on a Form 4.

Q: Which Willis Towers Watson compensation plans are referenced in this Form 4 for WTW?

The filing references the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees and the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees , under which restricted share units are credited based on deferral elections and company matching contributions.

Q: Does this WTW Form 4 show Matthew Furman selling any Willis Towers Watson shares?

No. The reported transactions are coded “A” for acquisitions of restricted share units , indicating awards or accruals rather than sales of existing Willis Towers Watson shares.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Willis Towers Watson plc reported an insider equity award for its General Counsel, Matthew Furman. On January 12, 2026, he received two grants of restricted share units, one for 154.7738 units and another for 9.4863 units, each valued at $329.45 per unit. These derivative awards bring his reported restricted share unit holdings to 3,354.3165 units for one plan and 2,553.5715 units for another.

The units generally settle into ordinary shares of Willis Towers Watson on a 1:1 basis. Units under the Non-Qualified Deferred Savings Plan settle six months after his termination date, while vested units under the Non-Qualified Stable Value Excess Plan settle on the first business day of a month when NASDAQ is open following the earlier of six months after separation from service or 30 days after death.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Furman Matthew

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	154.774	$329.45	$51K
Grant/Award	Restricted Share Unit	9.486	$329.45	$3K

Holdings After Transaction: Restricted Share Unit — 3,354.317 shares (Direct)

Footnotes (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.

Form 4 Insider Transactions: What Each Field Means →

01/14/2026 - 04:09 PM

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^*

Furman Matthew

(Last)

(First)

(Middle)

C/O WILLIS GROUP LIMITED

51 LIME STREET

(Street)

LONDON

EC3M 7DQ

(City)

(State)

(Zip)

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)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Unit	⁽¹⁾	01/12/2026		A		154.7738⁽²⁾		⁽¹⁾	⁽¹⁾	Ordinary Shares, nominal value $0.000304635 per share	154.7738	$329.45	3,354.3165	D
Restricted Share Unit	⁽³⁾	01/12/2026		A		9.4863⁽⁴⁾		⁽³⁾	⁽³⁾	Ordinary Shares, nominal value $0.000304635 per share	9.4863	$329.45	2,553.5715	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/ Matthew Furman by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)	01/14/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did WTW report for its General Counsel Matthew Furman?

The company reported that Matthew Furman, General Counsel of Willis Towers Watson, received two awards of restricted share units on January 12, 2026, as disclosed on a Form 4.

Which Willis Towers Watson compensation plans are referenced in this Form 4 for WTW?

The filing references the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees and the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, under which restricted share units are credited based on deferral elections and company matching contributions.

Does this WTW Form 4 show Matthew Furman selling any Willis Towers Watson shares?

No. The reported transactions are coded “A” for acquisitions of restricted share units, indicating awards or accruals rather than sales of existing Willis Towers Watson shares.