Willis Towers Watson PLC (NASDAQ: WTW) CHRO receives new RSU grant

Rhea-AI Filing Summary

Willis Towers Watson PLC reports that Chief Human Resources Officer Kristy D. Banas received a grant of 43.3100 restricted share units on 2026-07-10, each linked 1:1 to ordinary shares. These units settle in shares six months after her termination date. Following this award, she directly holds 1333.8140 restricted share units, which include units acquired under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Banas Kristy D

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit F1, F2	43.31	$289.65	$13K

Holdings After Transaction: Restricted Share Unit — 1,333.814 shares (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: 43.3100 units Reported price per restricted share unit: $289.6500 Restricted share units following transaction: 1333.8140 units +2 more

5 metrics

Restricted share units granted 43.3100 units Grant/award acquisition on 2026-07-10 to Kristy D. Banas

Reported price per restricted share unit $289.6500 Value per unit for the 43.3100 restricted share units granted

Restricted share units following transaction 1333.8140 units Direct holdings of Kristy D. Banas after the RSU grant

Settlement period after termination 6 months RSUs settle into ordinary shares six months after termination date

Share settlement ratio 1:1 Each restricted share unit settles into one ordinary share

Key Terms

Restricted Share Unit, Non-Qualified Deferred Savings Plan, Ordinary Shares

3 terms

Restricted Share Unit financial

"Security reported as a Restricted Share Unit granted to the officer"

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"

Ordinary Shares financial

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

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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Form 4 Insider Transactions: What Each Field Means →

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

FAQ

What RSU award did Willis Towers Watson (WTW) executive Kristy D. Banas receive?

Kristy D. Banas, Chief Human Resources Officer of Willis Towers Watson PLC, received a grant of 43.3100 restricted share units on 2026-07-10. Each unit is linked 1:1 to an ordinary share, subject to settlement terms tied to her termination date.

At what value was the RSU grant to WTW’s Kristy D. Banas reported?

The grant of 43.3100 restricted share units to Kristy D. Banas was reported at $289.6500 per unit. This figure reflects the value used for the Form 4 disclosure and helps quantify the size of the award in dollar terms.

How many restricted share units does WTW’s Kristy D. Banas hold after this transaction?

After the reported grant, Kristy D. Banas directly holds 1333.8140 restricted share units. This total includes units associated with her participation in Willis Towers Watson’s Non-Qualified Deferred Savings Plan for U.S. Employees, as described in the filing footnotes.

When do Kristy D. Banas’s WTW restricted share units settle into ordinary shares?

The restricted share units reported for Kristy D. Banas settle into ordinary shares on a 1:1 basis exactly six months after her termination date. Until that time, they remain as units rather than delivered ordinary shares.

What plan covers some of Kristy D. Banas’s restricted share units at Willis Towers Watson (WTW)?

Some of Kristy D. Banas’s restricted share units are acquired under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees. The filing notes these include units from her deferral elections and the company’s matching contributions credited in RSU form.

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^*

Banas Kristy D

(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 Human Resources Officer

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		43.31(2)		(1)	(1)	Ordinary Shares, nominal value $0.000304635 per share	43.31	$289.65	1,333.814	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/ Kristy D. Banas 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)