Form 4: Willis Towers Watson Executive Reports Acquisition of Restricted Share Units

Joseph Stephen Kurpis, PAO and Controller at Willis Towers Watson PLC, reports the acquisition of restricted share units under the company's Non-Qualified Stable Value Excess Plan.

Summary

• Joseph Stephen Kurpis, a Principal Accounting Officer and Controller at Willis Towers Watson PLC (WTW), filed a Form 4 with the SEC on February 12, 2025.
• The filing reports a transaction on February 10, 2025, where Kurpis acquired 3.2627 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 on the first business day of the month following the earlier of (i) six months after separation from service or (ii) 30 days after death.
• Following the reported transaction, Kurpis beneficially owns 434.2946 derivative securities.
• The price of the derivative security is $0.

Sentiment

Score: 7

Explanation: The document is a routine SEC filing related to executive compensation. It doesn't contain any information that would significantly impact the company's valuation positively or negatively.

Future Outlook

The vested shares will 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

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings and transactions of company insiders. This filing indicates standard compensation practices at Willis Towers Watson.

Stakeholder Impact

• The acquisition of restricted share units by a company executive can align management's interests with those of shareholders.

Key Dates

Keywords

Form 4, SEC Filing, Restricted Share Units, Willis Towers Watson, WTW, Joseph Stephen Kurpis, Non-Qualified Stable Value Excess Plan, Beneficial Ownership, Ordinary Shares