Willis Towers Watson (WTW) director gains 1,318 RSUs and updates share holdings

Rhea-AI Filing Summary

REILLY PAUL C reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson plc director Paul C. Reilly reported a new equity award and updated holdings. He received 1,318.638 restricted share units, which are rights to receive ordinary shares at no cash cost. After this grant, he holds 3,146.395 ordinary shares directly and 48 shares indirectly through a revocable trust.

The restricted share units will vest in full on the earlier of the one-year anniversary of the grant date and the company’s 2027 Annual General Meeting of Shareholders, aligning his compensation with future company performance over that period.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider REILLY PAUL C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share	1,318.638	$0.00	--
holding	Ordinary Shares, nominal value $0.000304635 per share	--	--	--

Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 3,146.395 shares (Direct, null); Ordinary Shares, nominal value $0.000304635 per share — 48 shares (Indirect, Revocable Trust)

Footnotes (1)

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Key Figures

RSU grant size: 1,318.638 RSUs Direct shares after grant: 3,146.395 shares Indirect shares: 48 shares +1 more

4 metrics

RSU grant size 1,318.638 RSUs Restricted share units granted to Paul C. Reilly

Direct shares after grant 3,146.395 shares Ordinary shares held directly after transaction

Indirect shares 48 shares Ordinary shares held indirectly via revocable trust

Security nominal value $0.000304635 per share Nominal value of ordinary shares underlying RSUs

Key Terms

restricted share units, RSUs, Revocable Trust, Annual General Meeting of Shareholders, +1 more

5 terms

restricted share units financial

"Comprised of 1,318.638 restricted share units ("RSUs"), which represent the right to receive ordinary shares"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

RSUs financial

"1,318.638 restricted share units ("RSUs"), which represent the right to receive ordinary shares"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Revocable Trust financial

"total_shares_following_transaction": "48.0000", "direct_or_indirect": "I", "nature_of_ownership": "Revocable Trust""

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

Annual General Meeting of Shareholders financial

"shall vest in full on the earlier of the one-year anniversary of the grant date and the Issuer's 2027 Annual General Meeting of Shareholders."

Ordinary Shares financial

"Ordinary Shares, nominal value $0.000304635 per share"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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^*

REILLY PAUL C

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		A		1,318.638(1)	A	$0	3,146.395	D
Ordinary Shares, nominal value $0.000304635 per share								48	I	Revocable Trust

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. Comprised of 1,318.638 restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000304635 per share, of the Issuer. The RSUs shall vest in full on the earlier of the one-year anniversary of the grant date and the Issuer's 2027 Annual General Meeting of Shareholders.

	/s/ Paul C. Reilly by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)	05/22/2026
	** 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 Paul C. Reilly report for WTW on this Form 4?

Paul C. Reilly reported an acquisition of 1,318.638 restricted share units in Willis Towers Watson. These RSUs represent rights to receive ordinary shares and were granted as compensation, not purchased in the open market, updating his reported equity stake in the company.

How many Willis Towers Watson shares does Paul C. Reilly hold after this Form 4 filing?

After the reported grant, Paul C. Reilly holds 3,146.395 ordinary shares directly in Willis Towers Watson and 48 shares indirectly through a revocable trust. The filing shows these updated positions, providing a view of his total reported equity exposure to the company.

What are the vesting terms of Paul C. Reilly’s new RSU award at Willis Towers Watson (WTW)?

The 1,318.638 restricted share units granted to Paul C. Reilly vest in full on the earlier of the one-year anniversary of the grant date and Willis Towers Watson’s 2027 Annual General Meeting of Shareholders. Until vesting, they represent a contingent right to receive ordinary shares.

Is Paul C. Reilly’s Form 4 transaction for WTW a stock purchase or a compensation award?

The Form 4 shows a compensation-related award, not an open-market stock purchase. Paul C. Reilly received 1,318.638 restricted share units coded as a grant or award, with a reported price per share of 0.0000, indicating a non-cash equity compensation grant from Willis Towers Watson.

How are Paul C. Reilly’s indirect holdings in Willis Towers Watson structured?

The filing reports 48 ordinary shares held indirectly for Paul C. Reilly through a revocable trust. This entry is categorized as indirect ownership, separate from his directly held 3,146.395 shares, and reflects an additional component of his overall reported stake in Willis Towers Watson.

Does Paul C. Reilly have any derivative positions disclosed in this Willis Towers Watson Form 4?

The Form 4 data show no derivative securities for Paul C. Reilly, with the derivative section empty. The reported activity relates only to non-derivative ordinary shares and restricted share units, simplifying the picture of his current disclosed equity exposure to Willis Towers Watson.