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

Imran Ahmed Qureshi, Head of North America at Willis Towers Watson, reports the acquisition of restricted share units under the company's Non-Qualified Stable Value Excess Plan.

Summary

• Imran Ahmed Qureshi, Head of North America at Willis Towers Watson, filed a Form 4 on November 11, 2024, reporting a transaction involving restricted share units.
• The transaction occurred on November 7, 2024, and involved the acquisition of 18.2053 restricted share units.
• These units were acquired under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
• The vested shares will settle for ordinary shares on a 1:1 basis, with the settlement date being the first business day of the month following either six months after separation from service or 30 days after the reporting person's death.
• Following the reported transaction, Qureshi beneficially owns 1,555.8009 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the sentiment is neutral.

Future Outlook

The vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees 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 regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates an executive's participation in a company compensation plan.

Key Dates