Form 4: Willis Towers Watson Executive Acquires Restricted Share Units

Anne Pullum, Head of Europe at Willis Towers Watson, acquired restricted share units through company savings plans.

Summary

• Anne Pullum, Head of Europe at Willis Towers Watson, acquired restricted share units on January 10, 2025.
• These acquisitions were made through two company savings plans: the Non-Qualified Deferred Savings Plan for U.S. Employees and the Non-Qualified Stable Value Excess Plan for U.S. Employees.
• A total of 47,9505 restricted share units were acquired under the Non-Qualified Deferred Savings Plan at a price of $312.92 per unit.
• An additional 10.0907 restricted share units were acquired under the Non-Qualified Stable Value Excess Plan at a price of $312.92 per unit.
• The restricted share units will settle for ordinary shares on a 1:1 basis after a specified period following the reporting person's termination date.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally viewed positively as it aligns executive interests with company performance. There are no indications of any negative issues.

Positives

• The acquisition of restricted share units indicates continued alignment of the executive's interests with the company's performance.
• The use of company savings plans for these acquisitions suggests a commitment to employee benefits and long-term incentives.

Future Outlook

The restricted share units will convert to ordinary shares on a 1:1 basis after a specified period following termination of employment.

Industry Context

The use of restricted share units as part of executive compensation is a common practice in the financial services industry, aligning executive interests with shareholder value.

Comparison to Industry Standards

• Many companies in the financial services sector, such as Marsh & McLennan Companies and Aon, use similar equity-based compensation plans for their executives.
• The vesting schedules and terms of these plans are generally aligned with industry norms, focusing on long-term performance and retention.
• The specific details of the plans, such as the deferral options and matching contributions, are often tailored to the company's specific needs and employee demographics.

Stakeholder Impact

• The acquisition of restricted share units by an executive is generally viewed positively by shareholders as it aligns executive interests with company performance.
• Employees may view the company's savings plans as a positive benefit.

Key Dates

Keywords

Restricted Share Units, Willis Towers Watson, Executive Compensation, Share Acquisition, Employee Benefits, Form 4, Anne Pullum