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Willis Towers Watson (WTW) awards 6.6046 restricted units to PAO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Kurpis Joseph Stephen

(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)
PAO and Controller
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 6.6046(2) (1) (1) Ordinary Shares, nominal value $0.000304635 per share 6.6046 $0 446.9538 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/ Joseph S. Kurpis 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 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.

How many restricted share units does the WTW officer hold after this Form 4?

After the reported transaction, Joseph Stephen Kurpis held a total of 446.9538 restricted share units directly. This figure reflects his updated balance under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, net of units acquired through his plan contributions.

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

The restricted share units granted to Joseph Stephen Kurpis on March 3, 2026, had a transaction price per unit of $0.0000. This reflects that the Form 4 categorizes the event as a grant, award, or other acquisition rather than a market purchase for cash consideration.

How do WTW Non-Qualified Stable Value Excess Plan units settle into ordinary shares?

Under the Willis Towers Watson Non-Qualified Stable Value Excess Plan, vested units settle into ordinary shares on a 1:1 basis. Settlement occurs on the first qualifying business day after the earlier of six months following separation from service or thirty days after the participant’s death.

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.

What plan governs the restricted share units in this WTW Form 4?

The restricted share units reported for Joseph Stephen Kurpis are governed by the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees. The filing notes that units are credited under the plan’s accrual formula, net of additional units acquired through the participant’s own plan contributions.
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