Form 4: Willis Towers Watson PLC: CEO Carl Hess Reports Share Unit Acquisition
SEC Form 4 Filing
CEO Carl Hess reports the acquisition of restricted share units under the Willis Towers Watson Non-Qualified Stable Value Excess Plan.
Summary
- On February 10, 2025, Carl Hess, CEO of Willis Towers Watson PLC, acquired 89.5092 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.
- Settlement will occur on the first business day of the month the NASDAQ is open following the earlier of (i) 6 months after separation from service or (ii) 30 days after death.
- Following the transaction, Hess directly owns 8,007.5678 Ordinary Shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of executive compensation in the form of share units, common in publicly traded companies to align management interests with shareholder value.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning management's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of transaction: Carl Hess acquired restricted share units. |
| 02/12/2025 | Date of report filing. |
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