Willis Towers Watson (WTW) PAO Kurpis receives additional restricted share units

Rhea-AI Filing Summary

Kurpis Joseph Stephen reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson PLC officer Joseph Stephen Kurpis received a small grant of restricted share units tied to the company’s ordinary shares. The award covers 0.0725 restricted share units at a reference price of $280.1400 per unit, bringing his reported restricted share unit holdings to 409.8291 units.

Each restricted share unit is designed to settle into one ordinary share with a nominal value of $0.000304635 per share. Settlement occurs on a 1:1 basis six months after Kurpis’s termination date, and the holdings include units credited under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, reflecting both his deferral elections and related company matching contributions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kurpis Joseph Stephen

Role PAO and Controller

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	0.073	$280.14	$20.31

Holdings After Transaction: Restricted Share Unit — 409.829 shares (Direct)

Footnotes (1)

1. 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. Includes restricted share units 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.

Key Figures

RSUs granted: 0.0725 restricted share units Reference price: $280.1400 per unit Total RSUs after grant: 409.8291 restricted share units +3 more

6 metrics

RSUs granted 0.0725 restricted share units Grant on 2026-04-10 to PAO and Controller

Reference price $280.1400 per unit Value reference for restricted share unit grant

Total RSUs after grant 409.8291 restricted share units Holdings following the reported transaction

Settlement ratio 1:1 RSU to ordinary share Conversion into ordinary shares upon settlement

Settlement timing 6 months after termination Timing for RSU settlement into ordinary shares

Nominal share value $0.000304635 per share Nominal value of underlying ordinary shares

Key Terms

Restricted Share Unit, Non-Qualified Deferred Savings Plan, matching contribution, nominal value

4 terms

Restricted Share Unit financial

"security_title: "Restricted Share Unit""

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

Non-Qualified Deferred Savings Plan financial

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

matching contribution financial

"the Company's matching contribution on the participant's deferral election credited to the participant's account"

An employer’s matching contribution is when a company adds money to an employee’s retirement or savings account based on the employee’s own contributions, like a store offering to top up a customer’s purchase to reach a discount threshold. It matters to investors because matching increases a firm’s compensation costs and can improve staff retention and morale, which affect productivity, cash flow and long-term liabilities that influence a company’s financial outlook.

nominal value financial

"Ordinary Shares, nominal value $0.000304635 per share"

Nominal value is the stated or face amount assigned to a financial instrument — for shares it’s the par value printed on the stock certificate, and for money or returns it can mean the number not adjusted for inflation. Think of it like a price tag on an item versus its buying power: the tag tells you the label, but not how much you can actually buy. Investors care because nominal values affect accounting, legal capital, dividend calculations and comparisons over time when inflation may distort real worth.

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^*

Kurpis Joseph Stephen

(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)
	PAO and Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

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

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	(1)	04/10/2026		A		0.0725(2)		(1)	(1)	Ordinary Shares, nominal value $0.000304635 per share	0.0725	$280.14	409.8291	D

Explanation of Responses:

1. 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.

2. Includes restricted share units 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.

	/s/ Joseph S. Kurpis by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	04/14/2026
	** 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 did Willis Towers Watson (WTW) officer Joseph Kurpis report in this Form 4?

Joseph Stephen Kurpis reported receiving 0.0725 restricted share units linked to Willis Towers Watson ordinary shares. This grant is a compensation-related award, increasing his total reported restricted share unit holdings to 409.8291 units under company equity-based programs.

How do the restricted share units for WTW’s Joseph Kurpis settle into shares?

Each restricted share unit settles into one Willis Towers Watson ordinary share on a 1:1 basis. Settlement occurs six months after Kurpis’s termination date, so the units function as deferred equity that converts into ordinary shares after his employment ends.

What is the value reference for Joseph Kurpis’s new restricted share units at Willis Towers Watson (WTW)?

The 0.0725 restricted share units are recorded at a reference price of $280.1400 per unit. This price helps describe the notional value of the equity-based compensation but does not necessarily represent a cash transaction in the open market.

How many restricted share units does Joseph Kurpis now hold at Willis Towers Watson (WTW)?

After the reported award, Kurpis holds 409.8291 restricted share units in total. These holdings include units credited through the Willis Towers Watson Non-Qualified Deferred Savings Plan and the company’s matching contributions under that plan.

What role does the Willis Towers Watson Non-Qualified Deferred Savings Plan play in Kurpis’s holdings?

Kurpis’s restricted share unit balance includes awards under the Non-Qualified Deferred Savings Plan for U.S. Employees. The plan credits his deferral elections and related company matching contributions in the form of restricted share units, increasing his deferred equity exposure.