Willis Towers Watson (WTW) GC reports dividend-linked share and RSU awards
Rhea-AI Filing Summary
Willis Towers Watson plc General Counsel Matthew Furman reported acquisitions of share-based awards tied to dividends and deferred compensation. He received 6.0770 Ordinary Shares through dividend equivalent rights on previously reported restricted share unit awards, which vest on the same schedule as the underlying awards.
He was also credited with 12.1846 Restricted Share Units under the Non-Qualified Deferred Savings Plan and 8.7424 Restricted Share Units under the Non-Qualified Stable Value Excess Plan. These RSUs are credited based on deferral elections, company matching contributions, and related dividends, and each unit will settle into one Ordinary Share under the applicable post-termination or separation schedules. Following these transactions, he directly holds 35,561.3529 Ordinary Shares, 3,682.5396 RSUs under the savings plan, and 2,605.2072 RSUs under the excess plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Furman Matthew
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 12.185 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 8.742 | $0.00 | -- |
| Grant/Award | Ordinary Shares, nominal value $0.000304635 per share | 6.077 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 3,682.54 shares (Direct);
Ordinary Shares, nominal value $0.000304635 per share — 35,561.353 shares (Direct)
Footnotes (1)
- The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit awards and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share. 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. Represents dividends 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. 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. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess 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 Excess Plan.
Key Figures
Ordinary Shares acquired: 6.0770 shares
RSUs acquired (Deferred Savings Plan): 12.1846 RSUs
RSUs acquired (Excess Plan): 8.7424 RSUs
+3 more
6 metrics
Ordinary Shares acquired
6.0770 shares
Dividend equivalent rights credited on restricted share unit awards on 2026-07-15
RSUs acquired (Deferred Savings Plan)
12.1846 RSUs
Restricted Share Units credited under the Non-Qualified Deferred Savings Plan on 2026-07-15
RSUs acquired (Excess Plan)
8.7424 RSUs
Restricted Share Units credited under the Non-Qualified Stable Value Excess Plan on 2026-07-15
Ordinary Shares after transaction
35,561.3529 shares
Direct WTW Ordinary Share holdings following reported acquisitions
Deferred Savings Plan RSUs after transaction
3,682.5396 RSUs
Total Restricted Share Units under the Non-Qualified Deferred Savings Plan after the grant
Excess Plan RSUs after transaction
2,605.2072 RSUs
Total Restricted Share Units under the Non-Qualified Stable Value Excess Plan after the grant
Key Terms
Restricted Share Unit, dividend equivalent rights, Non-Qualified Deferred Savings Plan, Non-Qualified Stable Value Excess Plan
4 terms
dividend equivalent rights financial
"The dividend equivalent rights accrued on the reporting person's previously reported"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Non-Qualified Deferred Savings Plan financial
"pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S."
Non-Qualified Stable Value Excess Plan financial
"pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Willis Towers Watson (WTW) General Counsel Matthew Furman acquire in this Form 4?
Matthew Furman reported three acquisition transactions: 6.0770 Ordinary Shares from dividend equivalent rights and additional Restricted Share Units under two non-qualified employee plans. All awards are forms of equity compensation that will ultimately settle in WTW Ordinary Shares.
Does this WTW Form 4 involve any sales or dispositions by Matthew Furman?
No. The reported transactions are all acquisitions coded as grants or awards (Code A). The summary data shows no sales, exercises, gifts, or tax-withholding dispositions in this particular Form 4 filing.