Willis Towers Watson (WTW) director receives 925 restricted share units in equity grant

Rhea-AI Filing Summary

WILLIS TOWERS WATSON PLC director Michelle R. Swanback received an equity award in the form of 925.014 ordinary shares on 2026-05-20, recorded at a price of $0.0000 per share as a grant, not a market purchase. Following this award, her directly held ordinary shares total 2,848.034. The award is structured as restricted share units that convert into ordinary shares and will vest in full on the earlier of the one-year anniversary of the grant date or the company’s 2027 Annual General Meeting of Shareholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Swanback Michelle R

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share	925.014	$0.00	--

Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 2,848.034 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 925.014 shares Grant price: $0.0000 per share Shares after transaction: 2,848.034 shares +1 more

4 metrics

RSUs granted 925.014 shares Restricted share units granted on 2026-05-20

Grant price $0.0000 per share Recorded grant price for the RSU award

Shares after transaction 2,848.034 shares Total ordinary shares held directly after the grant

Vesting condition Earlier of 1-year from grant or 2027 AGM RSUs vest in full based on time or 2027 meeting

Key Terms

restricted share units ("RSUs"), Annual General Meeting of Shareholders, Grant, award, or other acquisition

3 terms

restricted share units ("RSUs") financial

"Comprised of 925.014 restricted share units ("RSUs"), which represent the right to receive ordinary shares"

Annual General Meeting of Shareholders financial

"shall vest in full on the earlier of the one-year anniversary of the grant date and the Issuer's 2027 Annual General Meeting of Shareholders"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

Swanback Michelle R

(Last) (First) (Middle)

C/O WILLIS GROUP LIMITED

51 LIME STREET

(Street)

LONDON EC3M 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares, nominal value $0.000304635 per share	05/20/2026		A		925.014(1)	A	$0	2,848.034	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. Comprised of 925.014 restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000304635 per share, of the Issuer. The RSUs shall vest in full on the earlier of the one-year anniversary of the grant date and the Issuer's 2027 Annual General Meeting of Shareholders.

	/s/ Michelle R. Swanback by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Willis Towers Watson (WTW) report for Michelle R. Swanback?

Willis Towers Watson reported that director Michelle R. Swanback received a grant of 925.014 restricted share units. These units represent the right to receive ordinary shares and are a form of equity compensation rather than an open-market stock purchase.

How many Willis Towers Watson (WTW) shares does Michelle R. Swanback hold after this Form 4?

After the reported grant, Michelle R. Swanback holds 2,848.034 ordinary shares directly. This total includes the newly awarded 925.014 restricted share units, which convert into ordinary shares once they vest under the award’s terms.

What type of security was granted to Michelle R. Swanback in this Willis Towers Watson (WTW) filing?

The filing shows a grant of 925.014 restricted share units, or RSUs, tied to Willis Towers Watson ordinary shares. Each RSU represents the right to receive one ordinary share, subject to the vesting conditions described in the award documentation.

When do the restricted share units granted to Michelle R. Swanback at Willis Towers Watson (WTW) vest?

The RSUs will vest in full on the earlier of the one-year anniversary of the grant date or Willis Towers Watson’s 2027 Annual General Meeting of Shareholders. Vesting must occur before the RSUs convert into ordinary shares deliverable to the director.

Was the Willis Towers Watson (WTW) transaction for Michelle R. Swanback a stock purchase or a compensation grant?

The transaction was a compensation-related grant, not an open-market stock purchase. It is coded as a grant or award acquisition, with 925.014 restricted share units awarded at a recorded price of $0.0000 per share in the Form 4.