Form 4: Willis Towers Watson Executive Julie Jarecke Gebauer Reports Changes in Beneficial Ownership

Julie Jarecke Gebauer, a Pres.-Health, Wealth & Career at Willis Towers Watson PLC, reported the acquisition and disposal of ordinary shares and restricted share units.

Summary

• On January 15, 2025, Julie Jarecke Gebauer reported changes in her beneficial ownership of Willis Towers Watson PLC (WTW) securities.
• She acquired 8,162 ordinary shares at $0, and disposed of 72,217.159 ordinary shares.
• She also acquired 65.0946 restricted share units (RSUs) related to the Non-Qualified Deferred Savings Plan and 14.7066 RSUs related to the Non-Qualified Stable Value Excess Plan, and disposed of 23,296.3314 and 5,262.4514 RSUs respectively.
• Additionally, she acquired 1.096 dividend equivalent rights related to a 2022 RSU award.
• Following these transactions, Gebauer directly owns 72,217.159 ordinary shares and indirectly owns 534 ordinary shares through the Dane Adam Gebauer Management Trust UA Feb 18, 2012 and 534 ordinary shares through the Jeffrey Austin Gebauer Management Trust UA Feb 18, 2012.
• She also directly owns 23,296.3314 Restricted Share Units, 5,262.4514 Restricted Share Units and 15.268 Dividend Equivalent Rights2022 RSU Award.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and assess their confidence in the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• Similar filings are made by executives at companies like Aon and Mercer, which are major competitors of Willis Towers Watson in the consulting and brokerage space.
• The reported transactions are typical for executives who receive stock-based compensation and manage their holdings over time.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
• Employees participating in the Non-Qualified Deferred Savings Plan and Non-Qualified Stable Value Excess Plan are indirectly affected by the RSU transactions.

Key Dates