Form 4: Willis Towers Watson CEO Carl Hess Reports Share Transactions
SEC Form 4 Filing
Carl Hess, CEO of Willis Towers Watson, reports the acquisition and disposal of company shares related to the vesting and settlement of restricted share units.
Summary
- On April 1, 2025, Carl Hess, the CEO of Willis Towers Watson, reported transactions involving the company's ordinary shares.
- He acquired 96 shares through the vesting of restricted share units (RSUs).
- 22,421 shares were disposed of to cover tax obligations related to the vesting of these RSUs at a price of $337.95 per share.
- Following these transactions, Hess directly owns 89,287.5347 ordinary shares.
- The transactions also involved dividend equivalent rights, which were credited as additional RSUs that vested simultaneously with the underlying RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing share transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and share ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of share acquisition and disposal transactions, and vesting of restricted share units. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
Willis Towers Watson, Carl Hess, share transactions, Form 4, RSU, restricted share units, dividend equivalent rights, beneficial ownership, CEO
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