Willis Towers SEC Filings

Willis Towers Watson (WTW) reported an insider equity award. CEO and Director Carl A. Hess acquired 94.2403 restricted share units on November 5, 2025, coded “A” at a price of $0.

Following this transaction, Hess beneficially owns 8,252.6132 derivative securities (RSUs), held directly. The units were credited under the Willis Towers Watson Non‑Qualified Stable Value Excess Plan for U.S. Employees and, on a 1:1 basis, settle into Ordinary Shares upon specified deferred events described by the plan.

Willis Towers Watson plc (WTW) insider Julie J. Gebauer, Pres.-Health, Wealth & Career, reported an equity award on a Form 4. On 11/05/2025, she acquired 75.4678 restricted share units (RSUs) at a $0 derivative price. Following the transaction, she beneficially owns 5,465.3037 derivative securities directly.

The RSUs relate to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees and settle into Ordinary Shares (nominal value $0.000304635 per share) on a 1:1 basis, pursuant to plan terms described in the footnotes.

Willis Towers Watson plc (WTW) filed a Form 4 reporting an equity award for its General Counsel, Matthew Furman. On 11/05/2025, Furman was credited with 18.5913 restricted share units (Transaction Code A) at a price of $0 under the company’s Non-Qualified Stable Value Excess Plan. Following the transaction, he beneficially owned 2,544.0852 derivative securities (RSUs) on a direct basis. The plan provides 1:1 settlement into Ordinary Shares pursuant to specified post‑service or death timing mechanics.

Willis Towers Watson (WTW) filed a Form 4 for Chief Operating Officer Alexis Faber. On 11/05/2025, the reporting person acquired 7.3684 restricted share units at $0 (code A). Following this transaction, the person beneficially owns 1,035.0885 derivative units.

The RSUs were credited under the Willis Towers Watson Non‑Qualified Stable Value Excess Plan for U.S. Employees and settle into ordinary shares on a 1:1 basis per plan terms.

Willis Towers Watson (WTW) reported an insider equity change by its Chief Human Resources Officer, Kristy D. Banas. On 11/05/2025, the reporting person acquired 5.2947 restricted share units (RSUs) at a stated price of $0.

Following this transaction, the reporting person beneficially owns 525.164 derivative securities (RSUs), held directly. The RSUs are credited under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees and settle into Ordinary Shares on a 1:1 basis under the plan’s distribution timing provisions.

Willis Towers Watson (WTW) filed an Amendment No. 1 to its current report to correct a typo in the Operating Margin Percentage shown in the Risk & Broking (R&B) table of its earnings press release (Exhibit 99.1) for the period ended September 30, 2025. The company states no other changes were made to the original report.

The updated Exhibit 99.1 is furnished, not filed, under the Exchange Act, and is therefore not subject to Section 18 liability nor incorporated by reference unless specifically stated.

Willis Towers Watson reported steady Q3 performance and a sharp year-over-year turnaround. Revenue was $2,288 million versus $2,289 million a year ago. Net income attributable to WTW was $304 million, compared with a loss of $(1,675) million in Q3 2024, reflecting the absence of last year’s large impairment and improved other income. Diluted EPS was $3.11 versus $(16.44) a year earlier.

For the first nine months, revenue was $6,772 million versus $6,895 million, and net income attributable to WTW was $870 million versus a loss of $(1,344) million. Operating cash flow reached $1,004 million. The company repurchased $1,300 million of shares year‑to‑date and reduced long‑term debt to $4,763 million from $5,309 million at year‑end. Segment mix shifted with Risk & Broking Q3 revenue up to $1,010 million while Health, Wealth & Career declined to $1,277 million. As of October 28, 2025, outstanding ordinary shares were 95,748,613.

Willis Towers Watson (WTW) furnished an update on its quarterly performance, announcing financial results for the period ended September 30, 2025. The company provided a press release as Exhibit 99.1 and an investor slide presentation as Exhibit 99.2, and noted that these materials include a reconciliation of certain non-GAAP measures to reported results. The information in Items 2.02 and 7.01 was furnished, not filed, under the Exchange Act.

Willis Towers Watson (WTW)$1,500,000,000 revolving credit facility with a maturity on October 17, 2030. The agreement, with Barclays Bank PLC as administrative agent, replaces the company’s prior 2021 facility and makes borrowings available for working capital, capital expenditures, permitted acquisitions and other lawful corporate purposes.

Borrowings will accrue interest, at WTW’s option, at a Term Benchmark or Daily Simple RFR plus 0.750%–1.375%, or at a Base Rate (defined by prime, Fed Funds +0.50%, or Term SOFR +1.00%, whichever is highest) plus 0.00%–0.375%, in each case based on WTW’s senior unsecured debt rating. Trinity Acquisition plc will also pay a commitment fee of 0.065%–0.150% on undrawn amounts and a letter of credit fee of 0.750%–1.375%.

The facility permits voluntary prepayments without penalty in amounts over $5,000,000 (or $1,000,000 multiples), and includes customary covenants and events of default. Obligations are guaranteed by WTW and certain subsidiaries under a restated guaranty; WTW’s obligations are unsecured.