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

Carl Hess, CEO of Willis Towers Watson PLC, reports the acquisition of restricted share units through employee savings plans.

Summary

• Carl Hess, the Chief Executive Officer of Willis Towers Watson PLC, filed a Form 4 detailing changes in beneficial ownership.
• On January 10, 2025, Hess acquired 76.7208 restricted share units at a price of $312.92, through the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees.
• He also acquired 16.1523 restricted share units through the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, also at $312.92.
• Following these transactions, Hess directly owns 8,597.8947 and 7,895.9294 restricted share units respectively.
• These restricted share units will settle for Ordinary Shares on a 1:1 basis after a specified period following Hess's termination date.

Sentiment

Score: 5

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

Positives

• The acquisition of restricted share units indicates continued alignment of the CEO's interests with the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, ensuring fair markets.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation.

Key Dates