STOCK TITAN

[Form 4] Willis Towers Watson Public Limited Company Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Electronic Arts Inc. (EA) filed a Form 144 indicating that insider Jacob J. Schatz intends to sell 1,500 common shares through Morgan Stanley Smith Barney on or about 15 July 2025. The shares carry an aggregate market value of $223,245 based on the filing's reference price and represent only 0.0006 % of EA’s 250,765,972 shares outstanding. The securities were originally acquired via RSU/PSU awards on 17 May 2012.

The same insider has already disposed of 3,000 shares in two Rule 10b5-1 transactions during the past three months (15 May 2025 and 16 June 2025) for combined gross proceeds of roughly $447,497. Assuming the proposed sale is executed, total insider disposals within the rolling 90-day window will reach 4,500 shares valued at about $670,742.

While the dollar amount is notable, the volume is de minimis relative to EA’s float and does not, by itself, signal a material shift in fundamentals. However, investors often monitor sustained insider selling for sentiment clues, especially when clustered within short periods.

Electronic Arts Inc. (EA) ha presentato un Modulo 144 indicando che l'insider Jacob J. Schatz intende vendere 1.500 azioni ordinarie tramite Morgan Stanley Smith Barney intorno al 15 luglio 2025. Le azioni hanno un valore di mercato complessivo di 223.245 $ basato sul prezzo di riferimento indicato nel modulo e rappresentano solo lo 0,0006% delle 250.765.972 azioni in circolazione di EA. I titoli erano stati originariamente acquisiti tramite premi RSU/PSU il 17 maggio 2012.

Lo stesso insider ha già venduto 3.000 azioni in due operazioni secondo la Regola 10b5-1 negli ultimi tre mesi (il 15 maggio 2025 e il 16 giugno 2025) per un ricavo lordo complessivo di circa 447.497 $. Se la vendita proposta sarà effettuata, il totale delle azioni vendute dall'insider nell’arco mobile di 90 giorni raggiungerà 4.500 azioni per un valore di circa 670.742 $.

Nonostante l’importo in dollari sia significativo, il volume è de minimis rispetto al flottante di EA e non indica da solo un cambiamento rilevante nei fondamentali. Tuttavia, gli investitori spesso monitorano vendite interne continuative per cogliere segnali di sentiment, soprattutto quando concentrati in brevi periodi.

Electronic Arts Inc. (EA) presentó un Formulario 144 indicando que el insider Jacob J. Schatz planea vender 1,500 acciones comunes a través de Morgan Stanley Smith Barney alrededor del 15 de julio de 2025. Las acciones tienen un valor de mercado agregado de $223,245 según el precio de referencia del formulario y representan solo el 0.0006% de las 250,765,972 acciones en circulación de EA. Los títulos fueron adquiridos originalmente mediante premios RSU/PSU el 17 de mayo de 2012.

El mismo insider ya ha vendido 3,000 acciones en dos transacciones bajo la Regla 10b5-1 durante los últimos tres meses (el 15 de mayo de 2025 y el 16 de junio de 2025) por un ingreso bruto combinado de aproximadamente $447,497. Si la venta propuesta se ejecuta, el total de disposiciones internas en un período móvil de 90 días alcanzará 4,500 acciones valoradas en cerca de $670,742.

Aunque el monto en dólares es notable, el volumen es de minimis en relación con el flotante de EA y no indica por sí solo un cambio material en los fundamentos. Sin embargo, los inversores suelen monitorear ventas internas sostenidas para obtener pistas sobre el sentimiento, especialmente cuando se agrupan en periodos cortos.

Electronic Arts Inc. (EA)는 Form 144를 제출했습니다, 내부자 Jacob J. Schatz가 약 2025년 7월 15일경 Morgan Stanley Smith Barney를 통해 1,500주 보통주를 매도할 계획임을 나타냅니다. 제출서의 기준 가격에 따른 해당 주식의 총 시장 가치는 223,245달러이며, EA의 총 발행 주식수 250,765,972주의 단지 0.0006%에 해당합니다. 이 증권들은 원래 2012년 5월 17일 RSU/PSU 보상으로 취득되었습니다.

동일한 내부자는 지난 3개월 동안 두 차례의 Rule 10b5-1 거래(2025년 5월 15일 및 6월 16일)를 통해 이미 3,000주를 처분했으며, 총 매출액은 약 447,497달러입니다. 제안된 매도가 실행될 경우, 최근 90일간 내부자의 총 처분 주식은 4,500주로 약 670,742달러의 가치에 달할 것입니다.

금액은 상당하지만, 거래량은 EA의 유통 주식 수에 비해 미미한 수준이며 단독으로는 펀더멘털의 중대한 변화를 의미하지 않습니다. 그러나 투자자들은 특히 단기간 내 집중된 내부자 매도를 심리적 신호로 주시하는 경향이 있습니다.

Electronic Arts Inc. (EA) a déposé un formulaire 144 indiquant que l'initié Jacob J. Schatz prévoit de vendre 1 500 actions ordinaires via Morgan Stanley Smith Barney aux alentours du 15 juillet 2025. Les actions ont une valeur marchande globale de 223 245 $ selon le prix de référence du dépôt et représentent seulement 0,0006 % des 250 765 972 actions en circulation d’EA. Ces titres ont été initialement acquis via des attributions RSU/PSU le 17 mai 2012.

Le même initié a déjà cédé 3 000 actions dans deux transactions selon la règle 10b5-1 au cours des trois derniers mois (les 15 mai 2025 et 16 juin 2025) pour un produit brut combiné d’environ 447 497 $. Si la vente proposée est réalisée, le total des cessions internes sur une période glissante de 90 jours atteindra 4 500 actions pour une valeur d’environ 670 742 $.

Bien que le montant en dollars soit notable, le volume est de minimis par rapport au flottant d’EA et ne signale pas à lui seul un changement significatif des fondamentaux. Cependant, les investisseurs surveillent souvent les ventes internes soutenues pour en déduire des indices de sentiment, surtout lorsqu’elles sont concentrées sur de courtes périodes.

Electronic Arts Inc. (EA) hat ein Formular 144 eingereicht, in dem Insider Jacob J. Schatz beabsichtigt, etwa am 15. Juli 2025 1.500 Stammaktien über Morgan Stanley Smith Barney zu verkaufen. Die Aktien haben basierend auf dem Referenzpreis im Formular einen Gesamtmarktwert von 223.245 $ und stellen lediglich 0,0006 % der 250.765.972 ausstehenden EA-Aktien dar. Die Wertpapiere wurden ursprünglich am 17. Mai 2012 durch RSU/PSU-Zuteilungen erworben.

Der gleiche Insider hat in den letzten drei Monaten bereits 3.000 Aktien in zwei Rule 10b5-1-Transaktionen (am 15. Mai 2025 und 16. Juni 2025) verkauft und dabei einen Bruttoerlös von etwa 447.497 $ erzielt. Sollte der geplante Verkauf stattfinden, würden die Insider-Verkäufe innerhalb eines rollierenden 90-Tage-Zeitraums insgesamt 4.500 Aktien mit einem Wert von rund 670.742 $ erreichen.

Obwohl der Dollarbetrag beachtlich ist, ist das Volumen im Verhältnis zum Streubesitz von EA de minimis und signalisiert für sich genommen keine wesentliche Veränderung der Fundamentaldaten. Investoren beobachten jedoch häufig anhaltende Insider-Verkäufe als Indikator für die Stimmung, insbesondere wenn diese in kurzen Zeiträumen konzentriert auftreten.

Positive
  • None.
Negative
  • Continued insider selling: The same individual will have sold 4,500 shares (~$671k) within three months, which some investors may view as a bearish sentiment signal despite the small percentage of the float.

Insights

TL;DR: Small EA insider sale; cumulative 4,500 shares in 3 months, immaterial to float.

The Form 144 discloses a planned sale of 1,500 EA shares worth $223k by Jacob J. Schatz, who already liquidated 3,000 shares since May under a 10b5-1 plan. Even after inclusion of the proposed trade, the total represents less than 0.002% of shares outstanding, limiting balance-sheet or liquidity impact. Because the transactions are pre-scheduled, the informational value is tempered; nevertheless, clustered insider sales can be perceived negatively if they persist. Given the minimal size and 10b5-1 framework, I classify the filing as neutral for valuation purposes.

Electronic Arts Inc. (EA) ha presentato un Modulo 144 indicando che l'insider Jacob J. Schatz intende vendere 1.500 azioni ordinarie tramite Morgan Stanley Smith Barney intorno al 15 luglio 2025. Le azioni hanno un valore di mercato complessivo di 223.245 $ basato sul prezzo di riferimento indicato nel modulo e rappresentano solo lo 0,0006% delle 250.765.972 azioni in circolazione di EA. I titoli erano stati originariamente acquisiti tramite premi RSU/PSU il 17 maggio 2012.

Lo stesso insider ha già venduto 3.000 azioni in due operazioni secondo la Regola 10b5-1 negli ultimi tre mesi (il 15 maggio 2025 e il 16 giugno 2025) per un ricavo lordo complessivo di circa 447.497 $. Se la vendita proposta sarà effettuata, il totale delle azioni vendute dall'insider nell’arco mobile di 90 giorni raggiungerà 4.500 azioni per un valore di circa 670.742 $.

Nonostante l’importo in dollari sia significativo, il volume è de minimis rispetto al flottante di EA e non indica da solo un cambiamento rilevante nei fondamentali. Tuttavia, gli investitori spesso monitorano vendite interne continuative per cogliere segnali di sentiment, soprattutto quando concentrati in brevi periodi.

Electronic Arts Inc. (EA) presentó un Formulario 144 indicando que el insider Jacob J. Schatz planea vender 1,500 acciones comunes a través de Morgan Stanley Smith Barney alrededor del 15 de julio de 2025. Las acciones tienen un valor de mercado agregado de $223,245 según el precio de referencia del formulario y representan solo el 0.0006% de las 250,765,972 acciones en circulación de EA. Los títulos fueron adquiridos originalmente mediante premios RSU/PSU el 17 de mayo de 2012.

El mismo insider ya ha vendido 3,000 acciones en dos transacciones bajo la Regla 10b5-1 durante los últimos tres meses (el 15 de mayo de 2025 y el 16 de junio de 2025) por un ingreso bruto combinado de aproximadamente $447,497. Si la venta propuesta se ejecuta, el total de disposiciones internas en un período móvil de 90 días alcanzará 4,500 acciones valoradas en cerca de $670,742.

Aunque el monto en dólares es notable, el volumen es de minimis en relación con el flotante de EA y no indica por sí solo un cambio material en los fundamentos. Sin embargo, los inversores suelen monitorear ventas internas sostenidas para obtener pistas sobre el sentimiento, especialmente cuando se agrupan en periodos cortos.

Electronic Arts Inc. (EA)는 Form 144를 제출했습니다, 내부자 Jacob J. Schatz가 약 2025년 7월 15일경 Morgan Stanley Smith Barney를 통해 1,500주 보통주를 매도할 계획임을 나타냅니다. 제출서의 기준 가격에 따른 해당 주식의 총 시장 가치는 223,245달러이며, EA의 총 발행 주식수 250,765,972주의 단지 0.0006%에 해당합니다. 이 증권들은 원래 2012년 5월 17일 RSU/PSU 보상으로 취득되었습니다.

동일한 내부자는 지난 3개월 동안 두 차례의 Rule 10b5-1 거래(2025년 5월 15일 및 6월 16일)를 통해 이미 3,000주를 처분했으며, 총 매출액은 약 447,497달러입니다. 제안된 매도가 실행될 경우, 최근 90일간 내부자의 총 처분 주식은 4,500주로 약 670,742달러의 가치에 달할 것입니다.

금액은 상당하지만, 거래량은 EA의 유통 주식 수에 비해 미미한 수준이며 단독으로는 펀더멘털의 중대한 변화를 의미하지 않습니다. 그러나 투자자들은 특히 단기간 내 집중된 내부자 매도를 심리적 신호로 주시하는 경향이 있습니다.

Electronic Arts Inc. (EA) a déposé un formulaire 144 indiquant que l'initié Jacob J. Schatz prévoit de vendre 1 500 actions ordinaires via Morgan Stanley Smith Barney aux alentours du 15 juillet 2025. Les actions ont une valeur marchande globale de 223 245 $ selon le prix de référence du dépôt et représentent seulement 0,0006 % des 250 765 972 actions en circulation d’EA. Ces titres ont été initialement acquis via des attributions RSU/PSU le 17 mai 2012.

Le même initié a déjà cédé 3 000 actions dans deux transactions selon la règle 10b5-1 au cours des trois derniers mois (les 15 mai 2025 et 16 juin 2025) pour un produit brut combiné d’environ 447 497 $. Si la vente proposée est réalisée, le total des cessions internes sur une période glissante de 90 jours atteindra 4 500 actions pour une valeur d’environ 670 742 $.

Bien que le montant en dollars soit notable, le volume est de minimis par rapport au flottant d’EA et ne signale pas à lui seul un changement significatif des fondamentaux. Cependant, les investisseurs surveillent souvent les ventes internes soutenues pour en déduire des indices de sentiment, surtout lorsqu’elles sont concentrées sur de courtes périodes.

Electronic Arts Inc. (EA) hat ein Formular 144 eingereicht, in dem Insider Jacob J. Schatz beabsichtigt, etwa am 15. Juli 2025 1.500 Stammaktien über Morgan Stanley Smith Barney zu verkaufen. Die Aktien haben basierend auf dem Referenzpreis im Formular einen Gesamtmarktwert von 223.245 $ und stellen lediglich 0,0006 % der 250.765.972 ausstehenden EA-Aktien dar. Die Wertpapiere wurden ursprünglich am 17. Mai 2012 durch RSU/PSU-Zuteilungen erworben.

Der gleiche Insider hat in den letzten drei Monaten bereits 3.000 Aktien in zwei Rule 10b5-1-Transaktionen (am 15. Mai 2025 und 16. Juni 2025) verkauft und dabei einen Bruttoerlös von etwa 447.497 $ erzielt. Sollte der geplante Verkauf stattfinden, würden die Insider-Verkäufe innerhalb eines rollierenden 90-Tage-Zeitraums insgesamt 4.500 Aktien mit einem Wert von rund 670.742 $ erreichen.

Obwohl der Dollarbetrag beachtlich ist, ist das Volumen im Verhältnis zum Streubesitz von EA de minimis und signalisiert für sich genommen keine wesentliche Veränderung der Fundamentaldaten. Investoren beobachten jedoch häufig anhaltende Insider-Verkäufe als Indikator für die Stimmung, insbesondere wenn diese in kurzen Zeiträumen konzentriert auftreten.

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).
1. Name and Address of Reporting Person*
Gebauer Julie Jarecke

(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)
Pres.-Health, Wealth & Career
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025
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
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) 07/11/2025 A 1.0965(2) (1) (1) Ordinary Shares, nominal value $0.000304635 per share 1.0965 $307.32 5,340.8779 D
Explanation of Responses:
1. 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.
2. Includes restricted share units acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
/s/ Julie J. Gebauer by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed) 07/15/2025
** 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).
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.

FAQ

How many Electronic Arts (EA) shares are being sold under this Form 144?

The notice covers 1,500 common shares valued at approximately $223,245.

When is the planned sale date for the EA shares?

The filing lists an approximate sale date of 15 July 2025 on the NASDAQ.

Who is the insider selling EA stock and under what plan?

The seller is Jacob J. Schatz; the trades are made under a Rule 10b5-1 plan.

How many EA shares has this insider sold in the past three months?

Including the upcoming sale, the insider will have disposed of 4,500 shares since May 2025.

What percentage of EA's outstanding shares does the proposed sale represent?

The 1,500-share sale equals roughly 0.0006 % of EA’s 250,765,972 shares outstanding.
Willis Towers

NASDAQ:WTW

WTW Rankings

WTW Latest News

WTW Latest SEC Filings

WTW Stock Data

30.25B
98.86M
0.29%
96.23%
1.07%
Insurance Brokers
Insurance Agents, Brokers & Service
Link
United Kingdom
LONDON ENGLAND