Form 4: Willis Towers Watson Executive Acquires Restricted Share Units

Joseph Stephen Kurpis, a Principal Accounting Officer and Controller at Willis Towers Watson, acquired restricted share units under the company's Non-Qualified Deferred Savings Plan.

Summary

• On April 11, 2024, Joseph Stephen Kurpis, a Principal Accounting Officer and Controller at Willis Towers Watson PLC, acquired restricted share units.
• The acquisition was made pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees.
• The acquired restricted share units include both the participant's deferral election under the Plan and the Company's matching contribution.
• The price of the derivative security was $260.31.
• Following the transaction, Kurpis directly owns 276.1415 restricted share units.
• These restricted share units will settle for Ordinary Shares on a 1:1 basis six months after the reporting person's termination date.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, indicating a neutral to slightly positive sentiment as it demonstrates the executive's participation in the company's savings plan.

Positives

• The acquisition of restricted share units demonstrates the executive's participation in the company's savings plan.
• The company's matching contribution to the savings plan is a positive benefit for employees.

Future Outlook

The restricted share units will settle for Ordinary Shares on a 1:1 basis six months after the reporting person's termination date.

Industry Context

Executive compensation through restricted share units is a common practice in publicly traded companies to align management's interests with those of shareholders.

Comparison to Industry Standards

• Companies like Aon and Marsh McLennan also utilize restricted share units as part of their executive compensation packages.
• The vesting schedules and terms of these units are generally comparable across the industry, often tied to continued employment or performance metrics.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.
• Employees participating in the savings plan benefit from the company's matching contributions.

Key Dates