WTW officer receives 650 performance-based share units

Willis Towers Watson officer Joseph Stephen Kurpis reported an equity award linked to company performance.

Rhea-AI Filing Summary

Willis Towers Watson officer Joseph Stephen Kurpis reported an equity award linked to company performance. On the reported date, he acquired 650 ordinary-share-based units at a price of $0.0000 per share through a grant or award, bringing his direct holdings to 1,852.352 ordinary shares.

The footnote explains these are performance-based restricted share units earned after certain pre-set performance goals for the period ending December 31, 2025 were certified. Each earned unit can convert into one ordinary share if a service-based vesting requirement is satisfied on April 1, 2026, and the total also reflects dividend equivalents accrued as additional restricted share units.

Insider Trade Summary

Grant/Award: 650 shares

Grant/Award 1 txn

Insider Kurpis Joseph Stephen

Role PAO and Controller

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share	650	$0.00	$0.00

Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 1,852.352 shares (Direct)

Footnotes (1)

1. F1. Represents the number of performance-based restricted share units earned upon the certification of the achievement of certain pre-established performance goals for the performance period that ended on December 31, 2025. Each earned unit represents the right to receive one ordinary share of the Issuer upon the satisfaction of the service-based vesting requirement on April 1, 2026, subject to the terms of the award agreement. This number also includes the number of ordinary shares of the Issuer that are issuable pursuant to the dividend equivalent right under the terms of the award agreement providing for the accrual of dividends in the form of additional restricted share units that vest and are payable at the same time as the underlying performance-based restricted share units.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did WTW officer Joseph Stephen Kurpis report in this Form 4 filing?

He reported an equity award of 650 performance-based units tied to Willis Towers Watson ordinary shares. These units were earned after performance goals were certified and may convert into shares if service-based vesting conditions are met on April 1, 2026.

Was the WTW Form 4 transaction a stock purchase or a grant to Kurpis?

The transaction was a grant or award acquisition, not a market purchase. The Form 4 uses transaction code A, indicating a grant, award, or other acquisition with a per-share price of $0.0000, reflecting equity compensation rather than an open-market trade.

How many WTW shares or units does Kurpis hold after this Form 4 transaction?

After the reported grant, Kurpis is shown holding 1,852.352 ordinary-share-based holdings. This figure includes the 650 performance-based restricted share units earned, plus amounts tied to dividend equivalents that accrue as additional restricted share units under the award terms.

What performance period applies to Kurpis’s WTW performance-based restricted share units?

The performance-based restricted share units were earned for a performance period that ended on December 31, 2025. They became earned upon certification that certain pre-established performance goals for that period were achieved under the award agreement’s terms.

When do Kurpis’s WTW performance-based units vest and convert into ordinary shares?

Each earned performance-based restricted share unit can convert into one ordinary share if a service-based vesting condition is met on April 1, 2026. Vesting and payment follow the specific terms of the underlying award agreement.

Do Kurpis’s WTW performance-based restricted share units include dividend equivalents?

Yes. The reported number also includes ordinary shares issuable from dividend equivalent rights. Under the award, dividends accrue as additional restricted share units that vest and are payable at the same time as the underlying performance-based restricted share units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/27/2026 - 04:11 PM Learn about SEC filing dates

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)
02/25/2026

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
Ordinary Shares, nominal value $0.000304635 per share	02/25/2026		A		650(1)	A	$0	1,852.352	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 performance-based restricted share units earned upon the certification of the achievement of certain pre-established performance goals for the performance period that ended on December 31, 2025. Each earned unit represents the right to receive one ordinary share of the Issuer upon the satisfaction of the service-based vesting requirement on April 1, 2026, subject to the terms of the award agreement. This number also includes the number of ordinary shares of the Issuer that are issuable pursuant to the dividend equivalent right under the terms of the award agreement providing for the accrual of dividends in the form of additional restricted share units that vest and are payable at the same time as the underlying performance-based restricted share units.

	/s/ Joseph S. Kurpis by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	02/27/2026
	** 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.