Form 4: Willis Towers Watson Executive Anne Pullum Reports Share Unit Transaction

Anne Pullum, Head of Europe at Willis Towers Watson, reports the acquisition of restricted share units under the company's Non-Qualified Stable Value Excess Plan.

Summary

• On February 10, 2025, Anne Pullum, Head of Europe at Willis Towers Watson, reported a transaction involving restricted share units.
• The transaction involved the acquisition of 7.1669 restricted share units under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
• These vested shares will settle for Ordinary Shares on a 1:1 basis under specific conditions related to separation from service or death.
• Following the reported transaction, Ms. Pullum beneficially owns 876.5343 derivative securities.
• The reporting person has designated Quashetta Neckles as Attorney-in-Fact.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.

Positives

• The acquisition of restricted share units indicates continued alignment of executive interests with shareholder value.

Future Outlook

The vested shares settle for Ordinary Shares, nominal value $0. per share, on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It is a standard practice in the financial services industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies like Willis Towers Watson and are comparable to similar filings made by executives at companies such as Aon and Marsh & McLennan.
• The reporting requirements are dictated by the SEC and apply uniformly across the industry.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.

Key Dates