Willis Towers Watson (NASDAQ: WTW) grants deferred RSUs to executive

Rhea-AI Filing Summary

Willis Towers Watson executive Imran Qureshi reported new equity awards. As Global Head of Geographies, he acquired 41.9319 restricted share units on January 12, 2026 at a reference price of $329.45 per underlying ordinary share, bringing his holdings under this award line to 2,938.1511 derivative securities held directly. On the same date, he acquired an additional 8.8408 restricted share units at the same price, for a total of 1,644.3844 derivative securities in that line, also held directly.

The restricted share units settle into ordinary shares of Willis Towers Watson on a 1:1 basis under company non-qualified deferred compensation plans. One tranche is tied to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, with units reflecting both the participant’s deferral elections and company matching contributions. The other tranche is linked to the Non-Qualified Stable Value Excess Plan for U.S. Employees, with settlement after separation from service or death under specified timing rules.

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

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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)

LONDON X0 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)
	Global Head of Geographies

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)
			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)	01/12/2026		A		41.9319(2)		(1)	(1)	Ordinary Shares, nominal value $0.000304635 per share	41.9319	$329.45	2,938.1511	D
Restricted Share Unit	(3)	01/12/2026		A		8.8408(4)		(3)	(3)	Ordinary Shares, nominal value $0.000304635 per share	8.8408	$329.45	1,644.3844	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/ Imran Qureshi 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.
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FAQ

What insider transaction did Willis Towers Watson (WTW) report for Imran Qureshi?

The filing shows Imran Qureshi, Global Head of Geographies at Willis Towers Watson, acquiring two blocks of restricted share units as derivative securities on January 12, 2026.

How many restricted share units did Imran Qureshi receive in this WTW Form 4?

Imran Qureshi received 41.9319 restricted share units in one transaction and 8.8408 restricted share units in a second transaction, both reported as acquisitions.

At what price were the Willis Towers Watson restricted share units reported in the Form 4?

Both restricted share unit transactions were reported with a price of $329.45 per underlying ordinary share of Willis Towers Watson.

How many derivative securities does Imran Qureshi hold after these WTW transactions?

After the transactions, Qureshi beneficially owns 2,938.1511 derivative securities in one restricted share unit line and 1,644.3844 in the second, all held directly.

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

The restricted share units settle 1:1 into ordinary shares. Some units settle six months after the reporting person’s termination date, while units under the Stable Value Excess Plan settle on the first business day when NASDAQ is open after the earlier of six months post separation from service or 30 days after death.

Which Willis Towers Watson compensation plans are involved in these restricted share unit grants?

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 as the plans under which these restricted share units were acquired and vest.