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[Form 4] WILLIS TOWERS WATSON PLC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Willis Towers Watson plc (WTW) reported a routine insider transaction by its General Counsel, Matthew Furman. On 11/25/2025, the company withheld 51 ordinary shares coded as transaction type "F" to cover the reporting person's FICA and income tax withholding obligations. After this tax-related withholding, Furman beneficially owns 35,365.611 ordinary shares directly. This event reflects administrative share withholding rather than an open-market purchase or sale.

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*
Furman Matthew

(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)
General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025
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)
Code V Amount (A) or (D) Price
Ordinary Shares, nominal value $0.000304635 per share 11/25/2025 F 51(1) D $317.52 35,365.611 D
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
Explanation of Responses:
1. Represents the number of ordinary shares of the Issuer withheld by the Issuer to satisfy the reporting person's FICA and income tax withholding obligations.
/s/ Matthew Furman by Gary Pang, Attorney-in-Fact (power of attorney previously filed) 11/26/2025
** 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.

FAQ

What insider transaction did Willis Towers Watson (WTW) report on this Form 4?

The filing reports that 51 ordinary shares of Willis Towers Watson plc were withheld on 11/25/2025 to satisfy the General Counsel's FICA and income tax withholding obligations.

Who is the reporting person in this Willis Towers Watson (WTW) Form 4?

The reporting person is Matthew Furman, an officer of Willis Towers Watson plc serving as General Counsel.

What does transaction code "F" mean in the WTW Form 4 filing?

Transaction code "F" indicates that the 51 ordinary shares were withheld by the issuer to cover tax withholding obligations rather than being bought or sold in the market.

How many Willis Towers Watson (WTW) shares does the insider own after this transaction?

Following the reported tax withholding, the reporting person beneficially owns 35,365.611 ordinary shares of Willis Towers Watson plc in direct ownership.

Is the WTW Form 4 transaction an open-market trade?

No. The filing explains that the 51 ordinary shares were withheld by the issuer to satisfy FICA and income tax obligations, not traded in the open market.

Does this Willis Towers Watson (WTW) Form 4 involve derivative securities?

No derivative securities are reported. The table for derivative securities is present but contains no derivative transactions or holdings.
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