Form 4: Willis Towers Watson Executive Julie Jarecke Gebauer Reports Share Transactions

Julie Jarecke Gebauer, Head of Health, Wealth & Career at Willis Towers Watson, reports acquisition and disposal of ordinary shares and restricted share units.

Summary

• On July 15, 2024, Julie Jarecke Gebauer, Head of Health, Wealth & Career at Willis Towers Watson PLC, reported transactions involving the company's ordinary shares and restricted share units.
• Gebauer acquired 23.955 ordinary shares at $0, and disposed of 73,922.079 ordinary shares.
• She also acquired 76.568 restricted share units related to dividends from the Non-Qualified Deferred Savings Plan, 17.1574 restricted share units from the Stable Value Excess Plan, and 1.296 dividend equivalent rights from a 2022 RSU award, all at $0.
• Following these transactions, Gebauer directly owns 23,052.7409 restricted share units 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.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting transactions without expressing any positive or negative sentiment.

Industry Context

This filing is a routine disclosure of transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The transactions reported are typical for executives who receive stock-based compensation and participate in company savings plans.
• Similar filings can be observed for executives at comparable companies like Aon and Marsh & McLennan.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the amounts are relatively small.
• Employees participating in the Non-Qualified Deferred Savings Plan and Stable Value Excess Plan are indirectly affected by the allocation of restricted share units.

Key Dates