Form 4: Willis Towers Watson PLC: Officer Faber Alexis Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Chief Operating Officer Faber Alexis reports a transaction involving Willis Towers Watson PLC ordinary shares due to tax obligations related to dividend equivalent rights.
Summary
- On October 17, 2024, Faber Alexis, Chief Operating Officer of Willis Towers Watson PLC, reported a change in beneficial ownership of the company's ordinary shares.
- The transaction involved the withholding of shares by the issuer to cover tax obligations related to the settlement of dividend equivalent rights.
- Specifically, the issuer withheld shares at a price of $294.53.
- Following the transaction, Faber Alexis directly owns 5,581.208 ordinary shares and indirectly owns shares through an immediate family member.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to a routine tax transaction, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related transaction and doesn't necessarily reflect a strategic shift or major event for Willis Towers Watson PLC.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of transaction involving the withholding of shares for tax obligations. |
| 10/18/2024 | Date of signature for the Form 4 filing. |
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