[Form 4] WILLIS TOWERS WATSON PLC Insider Trading Activity

Rhea-AI Filing Summary

Willis Towers Watson plc (WTW) reported an insider transaction by an officer serving as General Counsel on 10/15/2025. The filing shows the acquisition of 5.003 ordinary shares at $0, reflecting dividend equivalent rights tied to time-based RSUs.

Two derivative entries were also credited as restricted share units: 8.1519 RSUs under the Non‑Qualified Deferred Savings Plan and 6.8084 RSUs under the Non‑Qualified Stable Value Excess Plan. Following these transactions, direct beneficial ownership totaled 35,373.1312 ordinary shares, with derivative holdings of 3,199.5426 RSUs and 2,525.4939 RSUs. RSUs settle into ordinary shares on a 1:1 basis under the plans’ stated terms.

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

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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)
10/15/2025

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	10/15/2025		A		5.003(1)	A	$0	35,373.1312	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
Restricted Share Unit	(2)	10/15/2025		A		8.1519(3)		(2)	(2)	Ordinary Shares, nominal value $0.000304635 per share	8.1519	$0	3,199.5426	D
Restricted Share Unit	(4)	10/15/2025		A		6.8084(5)		(4)	(4)	Ordinary Shares, nominal value $0.000304635 per share	6.8084	$0	2,525.4939	D

Explanation of Responses:

1. The dividend equivalent rights accrued on the reporting person's time-based restricted share unit award and will 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/ Matthew Furman by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	10/17/2025
	** 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).
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FAQ

What did WTW's Form 4 report on 10/15/2025?

An officer (General Counsel) acquired 5.003 ordinary shares at $0 via dividend equivalent rights and received small RSU credits under company plans.

How many WTW shares are beneficially owned after the transactions?

Direct beneficial ownership is 35,373.1312 ordinary shares following the reported activity.

What derivative (RSU) positions were updated in the filing?

Two RSU credits: 8.1519 RSUs (Deferred Savings Plan) and 6.8084 RSUs (Stable Value Excess Plan).

What are the total RSUs beneficially owned after the report?

Derivative holdings are 3,199.5426 RSUs under one plan and 2,525.4939 RSUs under the other, both held directly.

How do WTW RSUs and dividend equivalents settle?

RSUs settle into ordinary shares on a 1:1 basis under plan terms; dividend equivalents vest on the same schedule as the underlying RSUs.

What is the price associated with the acquired shares?

The 5.003 ordinary shares were acquired at $0, reflecting credited dividend equivalents.