Willis Towers Watson (WTW) awards deferred restricted share units to controller

Rhea-AI Filing Summary

Kurpis Joseph Stephen reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson PLC reported an equity award for PAO and Controller Joseph Stephen Kurpis. He received 8.5779 restricted share units on 2026-07-10, valued at $289.6500 per underlying ordinary share, increasing his deferred RSU holdings to 419.7534 units that settle into ordinary shares 6 months after termination.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kurpis Joseph Stephen

Role PAO and Controller

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	8.578	$289.65	$2K

Holdings After Transaction: Restricted Share Unit — 419.753 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.

Key Figures

Restricted share units granted: 8.5779 units Reference price per unit: $289.6500 per underlying ordinary share Restricted share units after transaction: 419.7534 units +2 more

5 metrics

Restricted share units granted 8.5779 units Grant of restricted share units to Joseph Stephen Kurpis on 2026-07-10

Reference price per unit $289.6500 per underlying ordinary share Transaction price per share associated with the restricted share unit award

Restricted share units after transaction 419.7534 units Total restricted share units held by Joseph Kurpis following the award

Nominal value per ordinary share $0.000304635 per share Nominal value of Ordinary Shares underlying the restricted share units

Settlement timing 6 months after termination RSUs settle into ordinary shares 6 months after the reporting person’s termination date

Key Terms

Restricted Share Unit, Non-Qualified Deferred Savings Plan, deferral election, nominal value

4 terms

Restricted Share Unit financial

"Security title listed as Restricted Share Unit in the insider transaction table."

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."

nominal value financial

"Ordinary Shares, nominal value $0.000304635 per share, underlie the restricted share units."

Nominal value is the stated or face amount assigned to a financial instrument — for shares it’s the par value printed on the stock certificate, and for money or returns it can mean the number not adjusted for inflation. Think of it like a price tag on an item versus its buying power: the tag tells you the label, but not how much you can actually buy. Investors care because nominal values affect accounting, legal capital, dividend calculations and comparisons over time when inflation may distort real worth.

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Available on EDGAR 07/14/2026 - 04:06 PM Accepted by SEC EDGAR 07/14/2026 - 04:06 PM Learn about SEC filing dates

FAQ

What insider transaction did Willis Towers Watson (WTW) disclose for Joseph Stephen Kurpis?

Willis Towers Watson reported a grant of 8.5779 restricted share units to PAO and Controller Joseph Stephen Kurpis on 2026-07-10. The award is a compensation-related acquisition rather than an open-market trade and is credited under a company deferred savings plan.

How many Willis Towers Watson (WTW) restricted share units does Joseph Kurpis hold after this Form 4?

Following the reported transaction, Joseph Kurpis holds 419.7534 restricted share units at Willis Towers Watson. This total includes units acquired through his deferral elections and the company’s matching contributions under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees.

At what reference price were the new WTW restricted share units granted to Joseph Kurpis?

The 8.5779 restricted share units for Joseph Kurpis carry a reference value of $289.6500 per underlying ordinary share. This price reflects the grant-date value used for the award, not a separate open-market purchase transaction by the executive.

When will Joseph Kurpis’s WTW restricted share units settle into ordinary shares?

The restricted share units settle into ordinary shares on a 1:1 basis six months after Joseph Kurpis’s termination date. Settlement timing is therefore tied to the end of his employment, rather than a fixed calendar vesting schedule during active service.

What plan governs the restricted share units reported for Willis Towers Watson (WTW) insider Joseph Kurpis?

The units are credited under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees. They reflect Joseph Kurpis’s deferral elections and the company’s matching contributions, which are recorded in the form of restricted share units within his plan account.

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^*

Kurpis Joseph Stephen

(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)
	PAO and Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

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)
			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)	07/10/2026		A		8.5779(2)		(1)	(1)	Ordinary Shares, nominal value $0.000304635 per share	8.5779	$289.65	419.7534	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.

	/s/ Joseph S. Kurpis by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)	07/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)