Form 4: WTW CFO Acquires Shares & RSUs via Dividend Reinvestment

Willis Towers Watson CFO Andrew Krasner acquired additional ordinary shares and restricted share units through dividend equivalent rights and company plans.

Summary

• Andrew Jay Krasner, Chief Financial Officer of Willis Towers Watson PLC (WTW), reported transactions on October 15, 2025.
• Acquired 10.885 ordinary shares at a price of $0, representing dividend equivalent rights accrued on existing time-based restricted share unit awards.
• Acquired 5.2894 restricted share units (RSUs) at a price of $0, representing dividends from the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, including participant deferrals and company matching contributions.
• Acquired 1.8318 restricted share units (RSUs) at a price of $0, representing dividends from the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, including participant deferrals and company matching contributions.
• Following these transactions, Krasner directly owns 4,029.892 ordinary shares and indirectly owns 11,982.33 ordinary shares through a revocable trust.
• Direct beneficial ownership of derivative securities includes 2,013.6179 Restricted Share Units (from the Deferred Savings Plan) and 689.5784 Restricted Share Units (from the Stable Value Excess Plan).

Sentiment

Score: 7

Explanation: The filing indicates an increase in beneficial ownership by a key executive through routine dividend reinvestment and participation in company deferred compensation plans, which is generally viewed positively as it aligns executive interests with shareholders.

Positives

• Increased beneficial ownership by a key executive, aligning interests with shareholders.
• Participation in company deferred savings and excess plans demonstrates commitment to the company's long-term performance.

Future Outlook

NA

Industry Context

This Form 4 filing details routine executive compensation and dividend reinvestment activities for a senior executive at a global advisory, broking, and solutions company. Such transactions are common for executives participating in company-sponsored deferred compensation and equity plans, reflecting standard practices in executive remuneration within the financial services and consulting industry.

Related Party Transactions

• The transactions involve the acquisition of shares and restricted share units by a Chief Financial Officer from Willis Towers Watson PLC through company-sponsored deferred savings and excess plans, which are standard related-party compensation arrangements.

Stakeholder Impact

• Shareholders: Increased alignment with management due to higher insider ownership, potentially fostering greater confidence in executive commitment.
• Employees: Demonstrates executive participation in company equity and deferred compensation plans, which can reinforce trust in internal programs.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation and dividend reinvestment activities for the CFO, which do not provide new material information to warrant a change in investment recommendation. The transactions reflect standard participation in company equity plans and do not indicate a significant shift in company fundamentals or outlook.

Keywords

Willis Towers Watson, WTW, Andrew Krasner, CFO, Form 4, Insider Transaction, Share Acquisition, Restricted Share Units, Dividend Reinvestment, Executive Compensation