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Willis Towers Watson (WTW) CFO receives grant of additional restricted share units

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

Rhea-AI Filing Summary

Krasner Andrew Jay reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson plc Chief Financial Officer Andrew Jay Krasner reported receiving a grant of 22.1873 restricted share units under a non-qualified excess plan. After this award, he holds a total of 746.3968 restricted share units that will settle into ordinary shares on a 1:1 basis under the plan’s distribution rules.

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*
Krasner Andrew Jay

(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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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
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
Restricted Share Unit (1) 03/03/2026 A 22.1873(2) (1) (1) Ordinary Shares, nominal value $0.000304635 per share 22.1873 $0 746.3968 D
Explanation of Responses:
1. 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.
2. Includes restricted share units credited to the participant's account by the Company pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Plan") accrual formula, net of the units acquired pursuant to the participant's contribution under the Plan.
/s/ Andrew Krasner by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed) 03/05/2026
** 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 WTW CFO Andrew Jay Krasner report on this Form 4?

Andrew Jay Krasner reported an acquisition of 22.1873 restricted share units. These units were granted under Willis Towers Watson’s Non-Qualified Stable Value Excess Plan for U.S. Employees, reflecting part of his compensation rather than an open-market stock purchase or sale.

How many restricted share units does the WTW CFO hold after this transaction?

After this transaction, Andrew Jay Krasner holds 746.3968 restricted share units. This figure includes units credited under Willis Towers Watson’s Non-Qualified Stable Value Excess Plan, net of units acquired through his own contributions under the plan’s accrual formula.

What type of security is involved in Andrew Jay Krasner’s WTW Form 4 filing?

The security is a Restricted Share Unit. These units are credited under Willis Towers Watson’s Non-Qualified Stable Value Excess Plan for U.S. Employees and ultimately settle in the company’s ordinary shares on a one-for-one basis when distribution conditions are met.

At what price per unit were the WTW restricted share units granted to the CFO?

The restricted share units were reported with a transaction price per unit of 0.0000. This reflects that they were granted as part of a compensation plan rather than purchased for cash in an open-market or privately negotiated transaction.

How and when do WTW restricted share units under the excess plan settle into ordinary shares?

Vested units settle into ordinary shares on a 1:1 basis. Settlement occurs on the first business day of a month when NASDAQ is open, following either six months after separation from service or 30 days after the participant’s death, whichever is earlier.

Does the WTW Form 4 indicate an insider buy or sell in the open market?

The filing indicates an acquisition through a grant or award, not an open-market trade. The transaction code is “A” for a grant or other acquisition of restricted share units under the company’s non-qualified excess plan, rather than a typical market buy or sell.
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