Form 4: Willis Towers Watson Executive Acquires Restricted Share Units
SEC Form 4 Filing
Imran Ahmed Qureshi, Head of North America at Willis Towers Watson, reports acquisition of restricted share units through deferral elections in employee savings plans.
Summary
- On October 10, 2024, Imran Ahmed Qureshi, Head of North America at Willis Towers Watson, acquired restricted share units (RSUs) in the company.
- The acquisitions were made through participation in the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees and the Non-Qualified Stable Value Excess Plan for U.S. Employees.
- Qureshi acquired 47.7692 RSUs at a price of $290.24, and 6.1007 RSUs at the same price.
- Following these transactions, Qureshi directly owns 2,628.9535 RSUs and 1,532.9803 RSUs respectively.
- The RSUs will settle for ordinary shares on a 1:1 basis after a specified period following the reporting person's termination date.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing standard executive compensation practices.
Industry Context
This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects standard practices for incentivizing and retaining key personnel.
Stakeholder Impact
- The acquisition of restricted share units by an executive aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | Date of restricted share unit acquisition |
| 10/14/2024 | Date of Form 4 filing |
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