WTW executive reports new equity awards on Form 4

Willis Towers Watson plc executive Imran Ahmed Qureshi reported routine equity compensation-related acquisitions.

Rhea-AI Filing Summary

Willis Towers Watson plc executive Imran Ahmed Qureshi reported routine equity compensation-related acquisitions. On April 15, 2026, he received restricted share units and ordinary shares credited mainly as dividend equivalents and plan contributions.

The filing shows grants of restricted share units tied to dividend equivalent rights under existing awards, plus additional restricted share units and ordinary shares acquired through the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees and the Non-Qualified Stable Value Excess Plan for U.S. Employees. These instruments generally settle into ordinary shares on a 1:1 basis under the plans’ stated post-termination or separation-from-service timelines. The report also notes separate indirect ownership of ordinary shares through a revocable trust.

Insider Trade Summary

Grant/Award: 20.9809 shares

Grant/Award 4 txns

Insider Qureshi Imran Ahmed

Role Global Head of Geographies

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	9.6814	$0.00	$0.00
Grant/Award	Restricted Share Unit	5.5295	$0.00	$0.00
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share	5.77	$0.00	$0.00
holding	Ordinary Shares, nominal value $0.000304635 per share	--	--	--

Holdings After Transaction: Restricted Share Unit — 4,769.5164 contracts (Direct); Ordinary Shares, nominal value $0.000304635 per share — 1,564.385 shares (Direct); Ordinary Shares, nominal value $0.000304635 per share — 9,702 shares (Indirect, Revocable Trust)

Footnotes (5)

1. F1. The dividend equivalent rights accrued on the reporting person's restricted share unit award and vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.
2. F2. 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.
3. F3. 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.
4. F4. 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.
5. F5. 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

RSU grant 1: 9.6814 restricted share units RSU holdings after grant 1: 3,081.2410 restricted share units RSU grant 2: 5.5295 restricted share units +2 more

5 metrics

RSU grant 1 9.6814 restricted share units Grant on April 15, 2026; price per unit $0.0000

RSU holdings after grant 1 3,081.2410 restricted share units Total derivative holdings following first RSU acquisition

RSU grant 2 5.5295 restricted share units Second RSU acquisition on April 15, 2026

Ordinary share grant 5.7700 ordinary shares Award on April 15, 2026; nominal value $0.000304635 per share

Indirect ordinary shares 9,702.0000 ordinary shares Indirect ownership through a revocable trust

Key Terms

Restricted Share Unit, dividend equivalent rights, Non-Qualified Deferred Savings Plan, Non-Qualified Stable Value Excess Plan, +1 more

5 terms

Restricted Share Unit financial

"security_title: "Restricted Share Unit""

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

dividend equivalent rights financial

"The dividend equivalent rights accrued on the reporting person's restricted share unit award"

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

"Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan")"

Non-Qualified Stable Value Excess Plan financial

"Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan")"

Revocable Trust financial

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did WTW’s Imran Ahmed Qureshi report on this Form 4?

Imran Ahmed Qureshi reported equity compensation-related acquisitions, not open-market trades. The filing shows grants of restricted share units and ordinary shares credited as dividend equivalents and plan contributions under Willis Towers Watson’s non-qualified employee plans.

How many restricted share units did Imran Ahmed Qureshi acquire in the WTW filing?

He reported two restricted share unit acquisitions: 9.6814 units and 5.5295 units. Both are recorded at a price per unit of $0.0000 and are linked to existing compensation arrangements and dividend equivalent accruals rather than market purchases.

What ordinary share acquisition is disclosed for WTW’s Imran Ahmed Qureshi?

The filing shows an acquisition of 5.7700 ordinary shares with a nominal value of $0.000304635 per share. Footnotes explain these represent dividends credited through Willis Towers Watson’s non-qualified employee plans, rather than open-market buying of stock.

How do the WTW restricted share units for Imran Ahmed Qureshi settle into ordinary shares?

Footnotes state restricted share units settle into ordinary shares on a 1:1 basis. Settlement occurs six months after the reporting person’s termination date, or under specified timing rules for the company’s non-qualified stable value excess plan tied to separation from service or death.

What do the dividend equivalent rights mean in the WTW Form 4 for Imran Ahmed Qureshi?

Dividend equivalent rights accrue on restricted share unit awards and vest on the same schedule as the underlying units. Each dividend equivalent right is described as economically equivalent to one Willis Towers Watson ordinary share, effectively mirroring dividend value through additional restricted share units.

What indirect WTW share holdings are reported for Imran Ahmed Qureshi?

The Form 4 lists 9,702.0000 ordinary shares held indirectly through a revocable trust. This entry reflects indirect ownership rather than a new transaction, distinguishing these trust-held shares from the directly held awards and units credited under the company’s compensation plans.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/17/2026 - 04:41 PM Learn about SEC filing dates

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^*

Qureshi Imran Ahmed

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Global Head of Geographies

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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	04/15/2026		A		5.77(1)	A	$0	1,564.385	D
Ordinary Shares, nominal value $0.000304635 per share								9,702	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
Restricted Share Unit	(2)	04/15/2026		A		9.6814(3)		(2)	(2)	Ordinary Shares, nominal value $0.000304635 per share	9.6814	$0	3,081.241	D
Restricted Share Unit	(4)	04/15/2026		A		5.5295(5)		(4)	(4)	Ordinary Shares, nominal value $0.000304635 per share	5.5295	$0	1,688.2754	D

Explanation of Responses:

1. The dividend equivalent rights accrued on the reporting person's restricted share unit award and vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.

2. 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.

3. 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.

4. 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.

5. 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.

	/s/ Imran Qureshi by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	04/17/2026
	** 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)