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WTW (WTW) executive has shares withheld to cover RSU tax bill

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

Rhea-AI Filing Summary

Willis Towers Watson’s Global Head of Geographies, Imran Ahmed Qureshi, reported a routine tax-related share disposition tied to equity compensation. On April 1, 2026, 3,197 ordinary shares were withheld at $290.70 per share to cover taxes on vested restricted share units.

Following this withholding, Qureshi holds 1,558.615 ordinary shares directly and 9,702 ordinary shares indirectly through a revocable trust, reflecting an internal transfer rather than an open‑market trade.

Positive

  • None.

Negative

  • None.
Insider Qureshi Imran Ahmed
Role Global Head of Geographies
Type Security Shares Price Value
Tax Withholding Ordinary Shares, nominal value $0.000304635 per share 3,197 $290.70 $929K
holding Ordinary Shares, nominal value $0.000304635 per share -- -- --
Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 1,558.615 shares (Direct); Ordinary Shares, nominal value $0.000304635 per share — 9,702 shares (Indirect, Revocable Trust)
Footnotes (1)
  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. Reflects the transfer of shares to the reporting person's revocable trust following the vesting and settlement reported in this Form 4.
Tax-withholding shares 3,197 shares Withheld for RSU tax payment on April 1, 2026
Withholding price $290.70 per share Value used for 3,197-share tax withholding
Direct holdings after transaction 1,558.615 shares Direct WTW ordinary shares held post withholding
Indirect revocable trust holdings 9,702 shares Ordinary shares held indirectly via revocable trust
restricted share units ("RSUs") financial
"related to the vesting and settlement of restricted share units ("RSUs") on April 1, 2026"
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.
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.
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*
Qureshi Imran Ahmed

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Global Head of Geographies
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 share04/01/2026F3,197(1)D$290.71,558.615D
Ordinary Shares, nominal value $0.000304635 per share9,702(2)IRevocable 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)
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.
2. Reflects the transfer of shares to the reporting person's revocable trust following the vesting and settlement reported in this Form 4.
/s/ Imran Qureshi 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 executive Imran Ahmed Qureshi report?

Imran Ahmed Qureshi reported a tax-withholding disposition of 3,197 Willis Towers Watson ordinary shares. The shares were withheld by the company to pay taxes due on vested restricted share units that settled on April 1, 2026, rather than sold on the open market.

At what price were WTW shares withheld for Imran Ahmed Qureshi’s taxes?

The 3,197 Willis Towers Watson shares were withheld at $290.70 per share. This price reflects the value used to satisfy the tax obligation arising from the vesting and settlement of restricted share units on April 1, 2026, as disclosed in the filing.

How many Willis Towers Watson shares does Imran Ahmed Qureshi hold directly after this Form 4?

After the tax withholding, Imran Ahmed Qureshi directly holds 1,558.615 Willis Towers Watson ordinary shares. This figure shows his remaining direct ownership following the non‑market disposition of 3,197 shares to cover tax liabilities on vested restricted share units.

What does the revocable trust holding mean for Imran Ahmed Qureshi’s WTW shares?

The filing shows 9,702 Willis Towers Watson ordinary shares held indirectly through a revocable trust. A footnote explains this reflects a transfer of shares to the trust following RSU vesting and settlement, representing an ownership structure change rather than a market purchase or sale.

Was Imran Ahmed Qureshi’s WTW Form 4 transaction an open-market sale?

No, the 3,197-share transaction was a tax-withholding disposition, not an open-market sale. The company withheld shares to pay taxes triggered by restricted share units vesting on April 1, 2026, a common administrative step for equity compensation recipients.

Why did Willis Towers Watson withhold shares from Imran Ahmed Qureshi’s RSU vesting?

Willis Towers Watson withheld 3,197 shares to satisfy tax obligations from Qureshi’s RSU vesting and settlement. Instead of paying cash for taxes, part of the vested equity was delivered back to the issuer, a standard method for covering equity award tax liabilities.