STOCK TITAN

Willis Towers Watson (NASDAQ: WTW) awards 244 RSUs to General Counsel

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

Rhea-AI Filing Summary

Furman Matthew reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson General Counsel Matthew Furman received a compensation-related equity grant. On this Form 4, he was awarded 244.4871 restricted share units at a reference price of $280.14 per unit, increasing his directly held restricted share units to 3,607.7646. These units settle into Ordinary Shares on a 1:1 basis six months after his termination date and include restricted share units credited under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, reflecting both his deferral elections and the company’s matching contributions.

Positive

  • None.

Negative

  • None.
Insider Furman Matthew
Role General Counsel
Type Security Shares Price Value
Grant/Award Restricted Share Unit 244.487 $280.14 $68K
Holdings After Transaction: Restricted Share Unit — 3,607.765 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.
RSUs granted 244.4871 units Restricted share units awarded to General Counsel on April 10, 2026
Reference price per unit $280.14 per unit Reported transaction price for restricted share unit grant
Total RSUs held after grant 3,607.7646 units Directly held restricted share units following this transaction
Settlement ratio 1 RSU : 1 Ordinary Share RSUs settle into Ordinary Shares six months after termination date
Restricted Share Unit financial
"Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
Non-Qualified Deferred Savings Plan financial
"acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees"
deferral election financial
"including the participant's deferral election under the Plan and the Company's matching contribution"
matching contribution financial
"the Company's matching contribution on the participant's deferral election credited to the participant's account"
An employer’s matching contribution is when a company adds money to an employee’s retirement or savings account based on the employee’s own contributions, like a store offering to top up a customer’s purchase to reach a discount threshold. It matters to investors because matching increases a firm’s compensation costs and can improve staff retention and morale, which affect productivity, cash flow and long-term liabilities that influence a company’s financial outlook.
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*
Furman Matthew

(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)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
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
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
Restricted Share Unit(1)04/10/2026A244.4871(2) (1) (1)Ordinary Shares, nominal value $0.000304635 per share244.4871$280.143,607.7646D
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.
/s/ Matthew Furman by Gary Pang, Attorney-in-Fact (power of attorney previously filed)04/14/2026
** 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 insider transaction did WTW report for Matthew Furman?

WTW reported an equity grant to General Counsel Matthew Furman. He received 244.4871 restricted share units, increasing his directly held restricted share units to 3,607.7646. This reflects routine, compensation-related stock-based awards rather than an open-market purchase or sale.

How many restricted share units did WTW grant to its General Counsel?

WTW granted 244.4871 restricted share units to its General Counsel. These units were reported with a reference price of $280.14 per unit and are part of his long-term, stock-based compensation package as disclosed in the Form 4 filing.

When do Matthew Furman’s WTW restricted share units settle into shares?

The restricted share units settle six months after his termination date. At that time, each restricted share unit converts into one Ordinary Share of Willis Towers Watson, giving him share ownership based on the number of units credited to his account.

What does the WTW Non-Qualified Deferred Savings Plan disclosure mean in this Form 4?

The filing notes participation in WTW’s Non-Qualified Deferred Savings Plan. Restricted share units include amounts from Furman’s deferral elections and the company’s matching contributions, all credited in the form of restricted share units under this U.S. employee plan.

Is Matthew Furman’s WTW Form 4 an open-market stock purchase or sale?

No, the Form 4 reflects a grant, not a market trade. The transaction code is “A,” indicating a grant or award acquisition of restricted share units as compensation, rather than buying or selling WTW shares on the open market.