Form 4: Willis Towers Watson CFO Krasner Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Andrew Jay Krasner, CFO of Willis Towers Watson, reports transactions involving ordinary shares and restricted share units.

Summary

  • Andrew Jay Krasner, the Chief Financial Officer of Willis Towers Watson PLC, filed a Form 4 detailing changes in his beneficial ownership of company securities.
  • The transactions occurred on July 15, 2024, and involve the acquisition and disposal of ordinary shares and restricted share units.
  • Krasner acquired 10.001 ordinary shares and disposed of 7,970.577 ordinary shares.
  • He also acquired 4.5043 and 1.9472 restricted share units, while disposing of 1,427.5544 and 588.9482 restricted share units respectively.
  • Additionally, he acquired 15.311 and 1.934 dividend equivalent rights related to restricted share unit awards.
  • Some of the acquired restricted share units are related to the Willis Towers Watson Non-Qualified Deferred Savings Plan and the Non-Qualified Stable Value Excess Plan for U.S. Employees.
  • The dividend equivalent rights accrue on previously reported restricted share unit awards and vest according to the same schedule as the underlying awards.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company. It is a legal requirement.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the CFO's transactions in company stock.
  • The transactions may have a minor impact on the overall shareholding structure.

Key Dates

DateDescription
07/15/2024Date of the reported transactions involving ordinary shares, restricted share units, and dividend equivalent rights.
07/17/2024Date of signature for the Form 4 filing.

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