Form 4: Willis Towers Watson Director Inga K. Beale Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Director Inga K. Beale disposed of 423 ordinary shares of Willis Towers Watson plc to cover tax obligations related to the vesting of restricted share units.
Summary
- On May 17, 2024, Inga K. Beale, a director of Willis Towers Watson plc, disposed of 423 ordinary shares.
- The shares were disposed of to cover tax obligations related to the vesting and settlement of 881 restricted share units granted on May 17, 2023.
- The transaction was executed at a price of $256.38 per share.
- Following the transaction, Beale directly owns 1,108 ordinary shares.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are disposed of to cover tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date of grant for 881 restricted share units. |
| 05/17/2024 | Date of transaction: disposal of 423 shares to cover tax obligations. |
| 05/21/2024 | Date of report filing. |
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