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Willis Towers Watson (WTW) exec earns 7,131 performance share units

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

Rhea-AI Filing Summary

Willis Towers Watson PLC reported that Co-Head of Corporate Development Anne Pullum acquired 7,131 performance-based restricted share units. These units were earned after pre-established performance goals were certified for a performance period ending December 31, 2025.

Each earned unit entitles her to receive one ordinary share on April 1, 2026, if a service-based vesting requirement is met, and the amount includes additional units from dividend equivalents. Following this award, her direct holdings total 24,978.5993 ordinary shares.

Positive

  • None.

Negative

  • None.
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 X0 EC3M 7DQ

(City) (State) (Zip)
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.
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/25/2026 A 7,131(1) A $0 24,978.5993 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. Represents the number of performance-based restricted share units earned upon the certification of the achievement of certain pre-established performance goals for the performance period that ended on December 31, 2025. Each earned unit represents the right to receive one ordinary share of the Issuer upon the satisfaction of the service-based vesting requirement on April 1, 2026, subject to the terms of the award agreement. This number also includes the number of ordinary shares of the Issuer that are issuable pursuant to the dividend equivalent right under the terms of the award agreement providing for the accrual of dividends in the form of additional restricted share units that vest and are payable at the same time as the underlying performance-based restricted share units.
/s/ Anne Pullum by Gary Pang, Attorney-in-Fact (power of attorney previously filed) 02/27/2026
** 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.

FAQ

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

Willis Towers Watson reported that executive Anne Pullum acquired 7,131 performance-based restricted share units. These units were earned after performance goals for a period ending December 31, 2025 were certified, and each unit can convert into one ordinary share if vesting conditions are later satisfied.

How many shares does Anne Pullum hold after the latest WTW Form 4 filing?

After the reported award, Anne Pullum holds a total of 24,978.5993 Willis Towers Watson ordinary shares directly. This figure reflects her ownership following the grant of 7,131 performance-based restricted share units tied to previously established performance goals and related dividend equivalent rights.

What are the terms of Anne Pullum’s performance-based restricted share units at WTW?

The 7,131 performance-based restricted share units were earned based on certified performance goals for a period ending December 31, 2025. Each unit represents the right to receive one ordinary share if a service-based vesting requirement is met on April 1, 2026, under the award agreement.

When do Anne Pullum’s Willis Towers Watson performance share units vest?

The earned performance-based restricted share units for Anne Pullum are scheduled to vest on April 1, 2026. Vesting requires satisfaction of a service-based condition, after which each unit converts into one ordinary share under the terms of the applicable award agreement and dividend equivalent provisions.

What does the dividend equivalent feature mean in Anne Pullum’s WTW award?

The award includes a dividend equivalent right that accrues dividends as additional restricted share units. These additional units vest and are payable at the same time as the underlying performance-based restricted share units, increasing the total number of ordinary shares Anne Pullum can ultimately receive upon vesting.
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