Willis Towers Watson reports CEO RSU acquisitions on 10/09/2025

Q: What did WTW (WTW) disclose about insider activity?

CEO and director Carl A. Hess acquired RSUs on 10/09/2025 under two company non-qualified plans.

Q: How many WTW RSUs did the CEO acquire and under which plans?

He acquired 71.0922 RSUs under the Deferred Savings Plan and 14.9537 RSUs under the Stable Value Excess Plan.

Q: How do these WTW RSUs settle into shares?

Each RSU settles into one Ordinary Share on a 1:1 basis with plan-specific settlement timing.

Q: What reference price was used for the RSU credits?

The filing shows a price of $337.39 for the derivative securities.

Q: What is the insider’s relationship to WTW?

Carl A. Hess is a Director and Chief Executive Officer of WTW.

Q: What ownership form did the filing report for these RSUs?

The ownership form is reported as Direct (D) .

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Willis Towers Watson (WTW) disclosed insider equity awards for CEO and director Carl A. Hess. On 10/09/2025, he acquired two blocks of restricted share units (RSUs): 71.0922 RSUs credited under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (including deferral elections and company match) and 14.9537 RSUs credited under the Non-Qualified Stable Value Excess Plan for U.S. Employees.

Each RSU settles into one Ordinary Share on a 1:1 basis. Deferred Savings Plan RSUs settle 6 months after the reporting person’s termination date. Stable Value Excess Plan vested shares settle on the first business day of the month the NASDAQ Stock Market is open following the earlier of 6 months after separation from service or 30 days after death. The filing lists a reference price of $337.39 for these credits. Ownership form is reported as Direct.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hess Carl Aaron

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	71.092	$337.39	$24K
Grant/Award	Restricted Share Unit	14.954	$337.39	$5K

Holdings After Transaction: Restricted Share Unit — 9,508.359 shares (Direct)

Footnotes (1)

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. Includes restricted share units 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. 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 acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.

Form 4 Insider Transactions: What Each Field Means →

10/14/2025 - 04:05 PM

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).

1. Name and Address of Reporting Person^*

Hess Carl Aaron

(Last)

(First)

(Middle)

C/O WILLIS GROUP LIMITED

51 LIME STREET

(Street)

LONDON

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/09/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Unit	⁽¹⁾	10/09/2025		A		71.0922⁽²⁾		⁽¹⁾	⁽¹⁾	Ordinary Shares, nominal value $0.000304635 per share	71.0922	$337.39	9,508.3594	D
Restricted Share Unit	⁽³⁾	10/09/2025		A		14.9537⁽⁴⁾		⁽³⁾	⁽³⁾	Ordinary Shares, nominal value $0.000304635 per share	14.9537	$337.39	8,136.3596	D

Explanation of Responses:

1. 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.

2. Includes restricted share units 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.

3. 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.

4. Includes restricted share units acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.

	/s/ Carl A. Hess by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney attached)	10/13/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did WTW (WTW) disclose about insider activity?

CEO and director Carl A. Hess acquired RSUs on 10/09/2025 under two company non-qualified plans.

How many WTW RSUs did the CEO acquire and under which plans?

He acquired 71.0922 RSUs under the Deferred Savings Plan and 14.9537 RSUs under the Stable Value Excess Plan.

How do these WTW RSUs settle into shares?

Each RSU settles into one Ordinary Share on a 1:1 basis with plan-specific settlement timing.

What are the WTW RSU settlement timings disclosed?

Deferred Savings Plan: 6 months after termination. Stable Value Excess Plan: first business day of the month after the earlier of 6 months post-separation or 30 days after death.

What reference price was used for the RSU credits?

The filing shows a price of $337.39 for the derivative securities.

What is the insider’s relationship to WTW?

Carl A. Hess is a Director and Chief Executive Officer of WTW.

What ownership form did the filing report for these RSUs?

The ownership form is reported as Direct (D).