Willis Towers Watson (WTW) awards 6.6046 restricted units to PAO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willis Towers Watson PLC reported that its PAO and Controller, Joseph Stephen Kurpis, acquired 6.6046 restricted share units on March 3, 2026 as a grant or award. These units are credited under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
After this transaction, Kurpis held a total of 446.9538 restricted share units directly. According to the plan, vested units settle into ordinary shares on a 1:1 basis after separation from service or death, based on specified timing conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kurpis Joseph Stephen
Role
PAO and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 6.605 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Unit — 446.954 shares (Direct)
Footnotes (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. 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.
FAQ
What insider transaction did WTW report for Joseph Stephen Kurpis?
Willis Towers Watson reported that PAO and Controller Joseph Stephen Kurpis acquired 6.6046 restricted share units as a grant or award. The units were credited under the company’s Non-Qualified Stable Value Excess Plan for U.S. Employees and are held as a derivative security position.
Is the WTW Form 4 transaction for direct or indirect ownership?
The Form 4 shows that the 6.6046 restricted share units acquired by Joseph Stephen Kurpis are held with direct ownership. The ownership code is listed as “D,” and no separate entity or indirect ownership structure is identified in the transaction details or related footnotes.