How many restricted share units did the WTW CFO receive in this filing?

He received 6.8261 and 2.4526 restricted share units, each economically equivalent to one WTW ordinary share. These units relate to dividend equivalents and company matching contributions under non-qualified employee savings and excess plans.

When do the WTW restricted share units reported here settle into ordinary shares?

Restricted share units tied to these awards settle into ordinary shares on a 1:1 basis after separation events. One plan specifies settlement six months after the termination date, while another settles on the first business day after defined separation or death triggers.

Willis Towers Watson (WTW) CFO granted new share units and stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Willis Towers Watson CFO Andrew Jay Krasner reported compensation-related share awards, not open-market trades. On April 15, 2026, he acquired 6.8261 and 2.4526 restricted share units that track dividend equivalents on existing awards, each economically equal to one ordinary share. He also received 13.2690 ordinary shares credited through company non-qualified savings and excess plans, reflecting his deferral elections and related company matching contributions. After these awards, he directly holds 2,835.2490 ordinary shares, and a revocable trust associated with him holds 19,048.6318 ordinary shares. The restricted share units and plan-related vested shares settle into ordinary shares on a 1:1 basis under specified post-termination or separation-from-service timing rules.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Krasner Andrew Jay

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	6.826	$0.00	--
Grant/Award	Restricted Share Unit	2.453	$0.00	--
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share	13.269	$0.00	--
holding	Ordinary Shares, nominal value $0.000304635 per share	--	--	--

Holdings After Transaction: Restricted Share Unit — 2,564.931 shares (Direct); Ordinary Shares, nominal value $0.000304635 per share — 2,835.249 shares (Direct); Ordinary Shares, nominal value $0.000304635 per share — 19,048.632 shares (Indirect, Revocable Trust)

Footnotes (1)

The dividend equivalent rights accrued on the reporting person's restricted share unit award and vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share. 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. Represents dividends 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. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess 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 Excess Plan.

Key Figures

RSUs granted (dividend equivalents): 6.8261 restricted share units Additional RSUs granted: 2.4526 restricted share units Ordinary shares credited: 13.2690 ordinary shares +3 more

6 metrics

RSUs granted (dividend equivalents) 6.8261 restricted share units Grant code A on April 15, 2026; economic equivalent of ordinary shares

Additional RSUs granted 2.4526 restricted share units Grant code A on April 15, 2026 under non-qualified plan

Ordinary shares credited 13.2690 ordinary shares Grant code A on April 15, 2026 via non-qualified plans

Direct ordinary shares after awards 2,835.2490 ordinary shares Direct ownership following April 15, 2026 transactions

Indirect trust holdings 19,048.6318 ordinary shares Held indirectly through a revocable trust after reported date

RSU settlement ratio 1:1 into ordinary shares Restricted share units settle for ordinary shares on a 1:1 basis

Key Terms

Restricted Share Unit, dividend equivalent rights, Non-Qualified Deferred Savings Plan, Non-Qualified Stable Value Excess Plan, +1 more

5 terms

dividend equivalent rights financial

"The dividend equivalent rights accrued on the reporting person's restricted share unit award"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

Non-Qualified Deferred Savings Plan financial

"Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees"

Non-Qualified Stable Value Excess Plan financial

"Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares"

Revocable Trust financial

"Ordinary Shares ... total shares following transaction 19048.6318 ... nature_of_ownership: Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 04:37 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).

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^*

Krasner Andrew Jay

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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)
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)
Ordinary Shares, nominal value $0.000304635 per share	04/15/2026		A		13.269⁽¹⁾	A	$0	2,835.249	D
Ordinary Shares, nominal value $0.000304635 per share								19,048.6318	I	Revocable Trust

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	⁽²⁾	04/15/2026		A		6.8261⁽³⁾		⁽²⁾	⁽²⁾	Ordinary Shares, nominal value $0.000304635 per share	6.8261	$0	2,564.9306	D
Restricted Share Unit	⁽⁴⁾	04/15/2026		A		2.4526⁽⁵⁾		⁽⁴⁾	⁽⁴⁾	Ordinary Shares, nominal value $0.000304635 per share	2.4526	$0	748.8789	D

Explanation of Responses:

1. The dividend equivalent rights accrued on the reporting person's restricted share unit award and vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.

2. 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.

3. Represents dividends 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.

4. 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.

5. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess 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 Excess Plan.

	/s/ Andrew Krasner by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	04/17/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did WTW CFO Andrew Jay Krasner report in this Form 4?

Andrew Jay Krasner reported awards of restricted share units and ordinary shares as part of compensation-related plans. These reflect dividend equivalents and deferral elections, rather than open-market buying or selling of WILLIS TOWERS WATSON PLC (WTW) stock.

Were there any open-market stock purchases or sales by WTW’s CFO?

No open-market purchases or sales were reported. All transactions use code A for grant or award acquisitions of restricted share units and ordinary shares, reflecting compensation and plan-related credits, not discretionary trading in the market.

How many WTW ordinary shares does the CFO hold directly after these transactions?

Following the reported acquisitions, Andrew Jay Krasner directly holds 2,835.2490 WTW ordinary shares. This figure reflects his direct ownership position after the April 15, 2026 compensation-related awards reported in the Form 4.

What indirect holdings of WTW shares are associated with the CFO?

A revocable trust associated with Andrew Jay Krasner holds 19,048.6318 WTW ordinary shares. This entry is shown as indirect ownership, indicating the shares are held through the trust rather than in his name directly.