RSU tax withholding trims Willis Towers Watson (WTW) insider stake

Rhea-AI Filing Summary

Willis Towers Watson PLC Co-Head of Corporate Development Anne Pullum had shares withheld to cover taxes on vested stock awards. On April 1, 2026, 3,541 ordinary shares were disposed at an indicated value of $290.70 per share through tax withholding related to restricted share units.

This was not an open-market sale, but a payment of tax liability using shares that vested. After this withholding, Pullum directly holds 21,435.8033 ordinary shares of Willis Towers Watson, maintaining a substantial equity position in the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Pullum Anne

Role Co-Head of Corporate Dev.

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Shares, nominal value $0.000304635 per share	3,541	$290.70	$1.03M

Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 21,435.803 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 3,541 shares Withholding share price: $290.70 per share Shares held after transaction: 21,435.8033 shares +2 more

5 metrics

Shares withheld for taxes 3,541 shares Tax-withholding disposition on April 1, 2026

Withholding share price $290.70 per share Value used for RSU-related tax payment

Shares held after transaction 21,435.8033 shares Direct holdings after April 1, 2026 withholding

Transaction date April 1, 2026 Date RSU vesting and tax withholding occurred

Transaction code F Payment of tax liability by delivering securities

Key Terms

restricted share units ("RSUs"), withholding of shares, tax-withholding disposition, Ordinary Shares, nominal value $0.000304635 per share

4 terms

restricted share units ("RSUs") financial

"related to the vesting and settlement of restricted share units ("RSUs") on April 1, 2026"

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.

Ordinary Shares, nominal value $0.000304635 per share financial

"security_title": "Ordinary Shares, nominal value $0.000304635 per share""

Form 4 Insider Transactions: What Each Field Means →

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^*

Pullum Anne

(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)
	Co-Head of Corporate Dev.

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares, nominal value $0.000304635 per share	04/01/2026		F		3,541(1)	D	$290.7	21,435.8033	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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/ Anne Pullum 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)

FAQ

What insider transaction did Willis Towers Watson (WTW) report for Anne Pullum?

Willis Towers Watson reported that executive Anne Pullum had shares withheld to pay taxes on vested RSUs. On April 1, 2026, 3,541 ordinary shares were disposed through tax withholding, rather than an open-market sale, as part of routine equity compensation processing.

Was the Willis Towers Watson (WTW) Form 4 transaction an open-market stock sale?

No, the Form 4 transaction was not an open-market sale. The 3,541 shares were withheld by Willis Towers Watson to satisfy tax obligations from vesting restricted share units, a standard non-market mechanism that does not reflect a discretionary decision to sell shares in the market.

How many Willis Towers Watson (WTW) shares does Anne Pullum hold after the tax withholding?

After the tax withholding transaction, Anne Pullum directly holds 21,435.8033 Willis Towers Watson ordinary shares. This post-transaction balance shows she retains a meaningful equity stake in the company even after using shares to cover RSU-related tax liabilities on April 1, 2026.

What was the price used for the Willis Towers Watson (WTW) tax-withholding shares?

The Form 4 lists a price of $290.70 per share for the 3,541 shares withheld. This price is used to determine the value of shares applied toward satisfying the tax payment tied to the vesting and settlement of restricted share units on April 1, 2026.

What does transaction code “F” mean in the Willis Towers Watson (WTW) Form 4?

Transaction code “F” indicates a tax-withholding disposition, where shares are delivered to the issuer to cover tax or exercise costs. In this case, shares from vested RSUs were withheld by Willis Towers Watson to pay Pullum’s tax liability, rather than being sold on the open market.