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Willis Towers Watson (WTW) CEO covers RSU taxes with 31,149 shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Willis Towers Watson plc Chief Executive Officer Carl Aaron Hess reported a tax-related share disposition tied to restricted share units. On April 1, 2026, 31,149 ordinary shares were withheld by the company at a price of $290.70 per share to cover tax obligations on RSU vesting. Following this withholding, Hess directly owns 108,092.7062 ordinary shares, indicating this was a compensation and tax-settlement event rather than an open-market trade.

Positive

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Negative

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Insider Hess Carl Aaron
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Ordinary Shares, nominal value $0.000304635 per share 31,149 $290.70 $9.06M
Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 108,092.706 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 31,149 shares Tax-withholding disposition on April 1, 2026
Withholding price per share $290.70 per share Value used for RSU-related tax withholding
Shares held after transaction 108,092.7062 shares Direct holdings after April 1, 2026 withholding
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.
restricted share units ("RSUs") financial
"related to the vesting and settlement of restricted share units ("RSUs")"
Ordinary Shares, nominal value $0.000304635 per share financial
"security_title: "Ordinary Shares, nominal value $0.000304635 per share""
SEC Form 4
FORM 4UNITED 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*
Hess Carl Aaron

(Last)(First)(Middle)
C/O WILLIS GROUP LIMITED
51 LIME STREET

(Street)
LONDONX0EC3M 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive 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)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares, nominal value $0.000304635 per share04/01/2026F31,149(1)D$290.7108,092.7062D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Carl A. Hess by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)04/03/2026
** Signature of Reporting PersonDate
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 WTW CEO Carl Aaron Hess report?

Carl Aaron Hess reported a tax-withholding disposition of shares. On April 1, 2026, WTW withheld 31,149 ordinary shares to cover taxes due on vesting restricted share units, rather than executing an open-market sale.

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

WTW withheld 31,149 ordinary shares for taxes. The withholding occurred in connection with the vesting and settlement of restricted share units on April 1, 2026, and reflects a compensation-related tax payment, not a discretionary stock sale.

At what price were the WTW shares withheld in the CEO’s Form 4 filing?

The withheld WTW shares were valued at $290.70 per share. This price was used to determine the number of ordinary shares needed to satisfy the tax liability arising from the vesting and settlement of restricted share units on April 1, 2026.

How many Willis Towers Watson shares does the CEO hold after this transaction?

After the tax-withholding transaction, the CEO directly holds 108,092.7062 ordinary shares. This post-transaction balance, reported in the Form 4, shows that the disposition was limited to covering tax obligations on RSU vesting.

Was the WTW CEO’s Form 4 transaction an open-market sale of shares?

No, the transaction was not an open-market sale. The Form 4 specifies that 31,149 shares were withheld by the issuer to pay taxes associated with vesting restricted share units, a routine compensation-related event rather than a discretionary sale into the market.