Form 4: Willis Towers Watson Officer Reports Share Acquisitions

Joseph Stephen Kurpis, PAO and Controller at Willis Towers Watson PLC, reported the acquisition of ordinary shares and restricted share units through dividend equivalents and company plans.

Summary

• Joseph Stephen Kurpis, the PAO and Controller of Willis Towers Watson PLC (WTW), reported transactions on January 15, 2026.
• Acquired 0.498 Ordinary Shares at a price of $0, representing dividend equivalent rights accrued on previously reported restricted share unit awards.
• Acquired 1.0607 Restricted Share Units (RSUs) at a price of $0, representing dividends acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, including participant deferral and company matching contributions.
• Acquired 1.2268 Restricted Share Units (RSUs) at a price of $0, representing dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, including participant deferral and company matching contributions.
• Following these transactions, beneficial ownership stands at 1,202.352 Ordinary Shares, 409.7566 RSUs under the Deferred Savings Plan, and 440.3492 RSUs under the Stable Value Excess Plan.

Sentiment

Score: 6

Explanation: The filing reports an officer's routine acquisition of shares and restricted share units through company benefit plans, which generally indicates alignment of interests.

Positives

• Officer Joseph Stephen Kurpis increased beneficial ownership of Willis Towers Watson PLC (WTW) ordinary shares and restricted share units, aligning management interests with shareholders.
• The acquisitions are related to dividend equivalent rights and company matching contributions, indicating active participation in employee benefit plans.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The increase in beneficial ownership by a key officer may be viewed positively as it aligns management's financial interests with those of the shareholders.
• Employees: The transactions highlight the ongoing operation of the company's non-qualified deferred savings and stable value excess plans, which are part of employee compensation and benefits.

Key Dates

Recommendation

This Form 4 reports routine acquisitions of shares and restricted share units by an officer through company benefit plans. While it indicates continued participation and alignment, the transaction size and nature are not significant enough to warrant a change in investment recommendation based solely on this filing.

Keywords

Willis Towers Watson, WTW, Form 4, Insider Transaction, Share Acquisition, Restricted Share Units, Joseph Stephen Kurpis, Officer Compensation, Deferred Compensation