Willis Towers Watson (WTW) officer granted 650 performance-based share units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
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 | -- |
Holdings After Transaction:
Ordinary Shares, nominal value $0.000304635 per share — 1,852.352 shares (Direct)
Footnotes (1)
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FAQ
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.