Form 4: Willis Towers Watson CEO Carl Hess Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Carl Hess, CEO of Willis Towers Watson, reports acquisition and disposal of ordinary shares and restricted share units.
Summary
- Carl Hess, the CEO of Willis Towers Watson, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On October 15, 2024, Hess acquired 42.322 ordinary shares at $0, and disposed of 77,602.558 ordinary shares.
- He also acquired 25.4292 restricted share units related to the Non-Qualified Deferred Savings Plan, 23.4196 restricted share units related to the Non-Qualified Stable Value Excess Plan, and 7.351 dividend equivalent rights related to the 2022 RSU Award.
- These transactions involve ordinary shares with a nominal value of $0 per share.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- Shareholders are informed about the CEO's transactions in company stock, providing insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transactions involving ordinary shares and restricted share units. |
| 10/17/2024 | Date of signature for the Form 4 filing. |
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