Willis Towers Watson CHRO covers taxes with shares

Willis Towers Watson plc Chief Human Resources Officer Kristy D. Banas reported a routine tax-related share disposition.

Accepted by SEC EDGAR 04/03/2026 - 06:21 PM EDT

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Rhea-AI Filing Summary

Willis Towers Watson plc Chief Human Resources Officer Kristy D. Banas reported a routine tax-related share disposition. On April 1, 2026, the issuer withheld 2,538 ordinary shares at $290.70 per share to cover taxes on vesting and settlement of restricted share units (RSUs).

This was a tax-withholding disposition, not an open-market sale. After the transaction, Banas directly holds 10,620.1472 ordinary shares of Willis Towers Watson plc.

Insider Trade Summary

Exercise Price or Tax Liability: 2,538 shares

Exercise Price or Tax Liability 1 txn

Insider Banas Kristy D

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Ordinary Shares, nominal value $0.000304635 per share	2,538	$290.70	$738K

Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 10,620.1472 shares (Direct)

Holdings Before and After: Ordinary Shares, nominal value $0.000304635 per share, 13,158.1472 to 10,620.1472 shares (Direct)

Footnotes (1)

F1. Withholding of shares by Issuer incident to the tax payment related to the vesting and settlement of restricted share units ("RSUs") on April 1, 2026.

Key Figures

Shares withheld for taxes: 2,538 shares Withholding price per share: $290.70 per share Shares held after transaction: 10,620.1472 shares +1 more

4 metrics

Shares withheld for taxes 2,538 shares Ordinary shares withheld on April 1, 2026 for RSU tax payment

Withholding price per share $290.70 per share Valuation used for the 2,538 withheld ordinary shares

Shares held after transaction 10,620.1472 shares Direct ordinary share holdings after April 1, 2026 transaction

Transaction code Code F Payment of tax liability by delivering securities

Key Terms

restricted share units ("RSUs"), withholding of shares, tax-withholding disposition, Chief Human Resources Officer

4 terms

withholding of shares financial

"Withholding of shares by Issuer incident to the tax payment related to the vesting"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Chief Human Resources Officer financial

"officer_title": "Chief Human Resources Officer""

The chief human resources officer is the senior executive who leads a company's people strategy—hiring, pay and benefits, training, workplace culture, legal compliance, and leadership development—like a head coach who builds and keeps the team. Investors care because the CHRO’s choices shape productivity, labor costs, turnover, regulatory risk and succession of key leaders; those outcomes affect a company’s profitability, growth potential and reputation in ways that show up on the balance sheet.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did WTW executive Kristy D. Banas report?

Kristy D. Banas reported a tax-related share disposition. The company withheld 2,538 ordinary shares to cover taxes due on restricted share units vesting on April 1, 2026, rather than Banas selling shares in the open market.

How many Willis Towers Watson (WTW) shares were withheld for taxes?

The issuer withheld 2,538 ordinary shares to satisfy tax obligations. These shares were taken in connection with the vesting and settlement of restricted share units (RSUs) on April 1, 2026, as disclosed in the Form 4 footnote.

At what price were Kristy D. Banas’s WTW shares valued for tax withholding?

The withheld shares were valued at $290.70 per share. This price applies to the 2,538 ordinary shares used to pay taxes on the vesting and settlement of restricted share units on April 1, 2026, as shown in the transaction data.

How many Willis Towers Watson shares does Kristy D. Banas hold after this transaction?

After the tax-withholding disposition, Kristy D. Banas directly holds 10,620.1472 ordinary shares. This figure reflects her direct ownership of Willis Towers Watson plc following the April 1, 2026 RSU-related withholding transaction.

Was Kristy D. Banas’s WTW Form 4 transaction an open-market sale?

No, it was not an open-market sale. The Form 4 shows a tax-withholding disposition, where 2,538 shares were retained by the issuer to cover taxes tied to the vesting and settlement of RSUs, rather than being sold on the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Banas Kristy D

(Last)

(First)

(Middle)

C/O WILLIS GROUP LIMITED

51 LIME STREET

(Street)

LONDON

EC3M 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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Human Resources Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

X	Form 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)
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)
Ordinary Shares, nominal value $0.000304635 per share	04/01/2026		F		2,538⁽¹⁾	D	$290.7	10,620.1472	D

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)

Explanation of Responses:

1. Withholding of shares by Issuer incident to the tax payment related to the vesting and settlement of restricted share units ("RSUs") on April 1, 2026.

	/s/ Kristy D. Banas by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)	04/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR