Willis Towers Watson officer reports non-cash RSU accruals
Rhea-AI Filing Summary
Willis Towers Watson (WTW) officer (PAO and Controller) reported routine equity compensation activity. On 10/15/2025, the filer acquired 0.486 Ordinary Shares at $0 via dividend equivalent rights. Following this, the filer beneficially owned 1,204.829 Ordinary Shares directly.
Derivative awards reflect dividend credits to restricted share units: 0.9335 RSUs (Non‑Qualified Deferred Savings Plan) and 1.1841 RSUs (Non‑Qualified Stable Value Excess Plan), each at $0. RSUs settle into Ordinary Shares on a 1:1 basis per plan terms. Dividend equivalent rights on time‑based RSUs vest on the same schedule as the underlying awards. Deferred Savings Plan RSUs settle 6 months after termination, and Excess Plan RSUs settle on the first business day of the month after the earlier of 6 months post‑separation or 30 days after death.
Positive
- None.
Negative
- None.
Insights
Routine Form 4 with small, non-cash RSU dividend credits.
The filing records administrative equity movements tied to compensation plans on 10/15/2025. The reporter acquired 0.486 Ordinary Shares via dividend equivalents and small RSU dividend credits of 0.9335 and 1.1841 units under established non-qualified plans. These entries occur at $0 price, indicating non-cash accruals.
Settlement mechanics are standard: RSUs convert to Ordinary Shares on a 1:1 basis under plan-specific schedules. Dividend equivalents vest in line with the underlying time-based RSUs, which anchors timing to the original vesting cadence.
This is typically not thesis-changing. Actual impact depends on future vesting and settlement under plan terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 0.934 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 1.184 | $0.00 | -- |
| Grant/Award | Ordinary Shares, nominal value $0.000304635 per share | 0.486 | $0.00 | -- |
Footnotes (1)
- The dividend equivalent rights accrued on the reporting person's time-based restricted share unit award and will vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share. 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. 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. 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. 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.
