Form 4: Willis Towers Watson CEO Carl Hess Reports Acquisition of Restricted Share Units
SEC Form 4 Filing
CEO Carl Hess reports acquiring restricted share units in Willis Towers Watson through deferred savings plans.
Summary
- Carl Hess, CEO of Willis Towers Watson, filed a Form 4 on April 11, 2025, reporting transactions related to restricted share units.
- On April 10, 2025, Hess acquired 683.795 restricted share units through the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees at a price of $316.64.
- He also acquired 0.0299 restricted share units through the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees at the same price.
- Following these transactions, Hess beneficially owns 9,305.6203 restricted share units directly and 8,007.5977 restricted share units directly.
- These restricted share units will settle for Ordinary Shares on a 1:1 basis under specific conditions related to termination or death.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard executive compensation practices. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of executive compensation and holdings, common in publicly traded companies. It provides transparency into the alignment of management's interests with those of shareholders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Date of transaction for restricted share units acquisition. |
| 04/11/2025 | Date of Form 4 filing. |
Keywords
Form 4, Restricted Share Units, Carl Hess, Willis Towers Watson, WTW, Beneficial Ownership, Non-Qualified Deferred Savings Plan, Non-Qualified Stable Value Excess Plan
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