Form 4: Willis Towers Watson Executive Thomson-Hall Reports Changes in Beneficial Ownership

Pamela Thomson-Hall, Head of International at Willis Towers Watson, reports acquisition of dividend equivalent rights related to restricted share units.

Summary

• Pamela Thomson-Hall, Head of International at Willis Towers Watson PLC, filed a Form 4 detailing changes in her beneficial ownership of the company's securities.
• The report indicates the acquisition of dividend equivalent rights related to previously reported restricted share unit awards.
• On July 15, 2024, Ms. Thomson-Hall acquired 4.228 ordinary shares at $0 and disposed of 4,499.94 ordinary shares.
• She also acquired 7.191 dividend equivalent rights related to the 2021 RSU award and 0.502 dividend equivalent rights related to the 2022 RSU award, both at a price of $0.
• These dividend equivalent rights vest based on the same schedule as the underlying restricted share unit awards and are economically equivalent to one WTW Ordinary Share each.
• The filing was signed on July 17, 2024, by Quashetta Neckles, Attorney-in-Fact, under a power of attorney dated June 27, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing transactions of an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. This filing indicates activity related to dividend equivalent rights, which are common in executive compensation packages.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a key executive.

Key Dates