Form 4: Willis Towers Watson Executive Acquires Restricted Share Units Under Deferred Savings Plan

Imran Ahmed Qureshi, Head of North America at Willis Towers Watson PLC, acquired 45.1665 restricted share units as part of the company's Non-Qualified Deferred Savings Plan.

Summary

• Imran Ahmed Qureshi, Head of North America for Willis Towers Watson PLC, acquired 45.1665 Restricted Share Units (RSUs) on July 11, 2025.
• Each RSU was valued at $307.32 at the time of acquisition.
• Following this transaction, Mr. Qureshi beneficially owns a total of 2,839.0021 Restricted Share Units.
• The RSUs were acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, which includes both the participant's deferral election and the company's matching contribution.
• These restricted share units are designed to settle for Ordinary Shares on a 1:1 basis six months after the reporting person's termination date.

Sentiment

Score: 7

Explanation: The document reports a routine executive compensation event, which is generally positive as it aligns management incentives with shareholder value, without indicating any negative or unexpected developments.

Positives

• The acquisition of restricted share units aligns the executive's financial interests with the long-term performance of Willis Towers Watson PLC.
• Participation in the Non-Qualified Deferred Savings Plan demonstrates a commitment to executive retention and incentivization.

Future Outlook

The acquired restricted share units are set to settle for Ordinary Shares on a 1:1 basis six months after the reporting person's termination date, providing a future payout mechanism tied to continued employment.

Industry Context

The acquisition of restricted share units is a common form of executive compensation in the financial services and consulting industry, used to align management incentives with shareholder value and promote long-term retention.

Comparison to Industry Standards

• The use of Restricted Share Units (RSUs) as part of an executive compensation package is a standard practice across the financial services and professional services industries, including major competitors like Marsh McLennan, Aon, and Gallagher.
• Deferred savings plans with company matching contributions are also a common component of executive benefits, designed to encourage long-term savings and retention.

Related Party Transactions

• The acquisition of restricted share units by an executive from the company is a related party transaction, conducted under the terms of the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees.

Stakeholder Impact

• Shareholders: The RSU grant aligns the interests of the Head of North America with shareholder value creation, as the value of the RSUs is tied to the company's share price.
• Employees: The existence of a Non-Qualified Deferred Savings Plan indicates a structured approach to executive compensation and benefits.

Next Steps

• Restricted Share Units will settle for Ordinary Shares on a 1:1 basis six months after the reporting person's termination date.

Key Dates

Recommendation

Keywords

Willis Towers Watson, WTW, SEC Form 4, Restricted Share Units, RSU, Executive Compensation, Insider Transaction, Deferred Savings Plan, Imran Qureshi