WTW officer granted additional restricted share units
Kurpis Joseph Stephen reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit | 0.0725 | $280.14 | $20.31 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Non-Qualified Deferred Savings Plan financial
matching contribution financial
nominal value financial
FAQ
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What did Willis Towers Watson (WTW) officer Joseph Kurpis report in this Form 4?
What role does the Willis Towers Watson Non-Qualified Deferred Savings Plan play in Kurpis’s holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.