Willis Towers Watson grants RSUs to General Counsel

Furman Matthew reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Furman Matthew reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson PLC granted General Counsel Matthew Furman 51.5389 restricted share units linked to ordinary shares, with a transaction price of $289.6500 per unit. After this award, he directly holds 3670.3552 restricted share units, which settle into ordinary shares on a 1:1 basis six months after his termination date. These holdings include units credited under the company’s Non-Qualified Deferred Savings Plan for U.S. employees through deferrals and matching contributions.

Insider Trade Summary

Grant/Award: 51.5389 shares

Grant/Award 1 txn

Insider Furman Matthew

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit F1, F2	51.5389	$289.65	$15K

Holdings After Transaction: Restricted Share Unit — 3,670.3552 contracts (Direct)

Footnotes (2)

1. 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.
2. 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

Restricted share units granted: 51.5389 units Transaction price per unit: $289.6500 Restricted share units held after grant: 3670.3552 units +2 more

5 metrics

Restricted share units granted 51.5389 units Grant to General Counsel Matthew Furman on 2026-07-10

Transaction price per unit $289.6500 Reference transaction price for the restricted share unit award

Restricted share units held after grant 3670.3552 units Direct RSU holdings of Matthew Furman following the reported award

RSU settlement ratio 1:1 Each restricted share unit settles into one ordinary share six months after termination

Ordinary share nominal value $0.000304635 per share Nominal value of Willis Towers Watson ordinary shares underlying the RSUs

Key Terms

Restricted share units, Non-Qualified Deferred Savings Plan, matching contribution, nominal value

4 terms

Restricted share units financial

"Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

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, on a 1:1 basis"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity award did Matthew Furman report at Willis Towers Watson (WTW)?

General Counsel Matthew Furman reported a grant of 51.5389 restricted share units tied to Willis Towers Watson ordinary shares at a transaction price of $289.6500 per unit, increasing his directly held restricted share unit position as part of his compensation.

How many Willis Towers Watson (WTW) restricted share units does Matthew Furman now hold?

Following the latest award, Matthew Furman directly holds 3670.3552 restricted share units in Willis Towers Watson. These units represent deferred equity compensation that will ultimately settle in ordinary shares, supplementing his existing long-term alignment with shareholders.

When do Matthew Furman’s Willis Towers Watson (WTW) restricted share units settle into shares?

Furman’s restricted share units settle into ordinary shares on a 1:1 basis six months after his termination date. This structure defers delivery of shares, linking a portion of his compensation to his tenure and post-employment period with Willis Towers Watson.

What plan covers part of Matthew Furman’s Willis Towers Watson (WTW) restricted share units?

Part of Furman’s holdings come from the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees. Under this plan, his deferral elections and the company’s matching contributions are credited to his account in the form of restricted share units.

Are Matthew Furman’s Willis Towers Watson (WTW) restricted share units equivalent to ordinary shares?

Each restricted share unit is designed to settle for one ordinary share of Willis Towers Watson, giving them a 1:1 conversion ratio. However, settlement occurs only six months after Furman’s termination date, so they function as deferred equity rather than current shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/14/2026 - 04:11 PM Learn about SEC filing dates

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^*

Furman Matthew

(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)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

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)	07/10/2026		A		51.5389(2)		(1)	(1)	Ordinary Shares, nominal value $0.000304635 per share	51.5389	$289.65	3,670.3552	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/ Matthew Furman by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed)	07/14/2026
	** 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)