Form 4: WTW Executive Acquires Restricted Share Units

Imran Ahmed Qureshi, Global Head of Geographies at Willis Towers Watson PLC, acquired 50.7727 restricted share units on January 12, 2026.

Summary

• Imran Ahmed Qureshi, Global Head of Geographies at Willis Towers Watson PLC, acquired a total of 50.7727 Restricted Share Units (RSUs) on January 12, 2026.
• One acquisition involved 41.9319 RSUs at a price of $329.45 per unit, pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees. These RSUs include both participant deferral and company matching contributions.
• The second acquisition involved 8.8408 RSUs at a price of $329.45 per unit, pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
• The RSUs from the Deferred Savings Plan settle for Ordinary Shares on a 1:1 basis 6 months after the reporting person's termination date.
• The RSUs from the Stable Value Excess Plan settle for Ordinary Shares on a 1:1 basis on the first business day of the month following the earlier of 6 months after separation from service or 30 days after death.
• Following these transactions, Imran Ahmed Qureshi beneficially owns 2,938.1511 RSUs under the Deferred Savings Plan and 1,644.3844 RSUs under the Stable Value Excess Plan, totaling 4,582.5355 RSUs.

Sentiment

Score: 7

Explanation: The acquisition of restricted share units by a key executive, while routine as part of compensation plans, generally indicates continued alignment of interests with shareholders, which is a positive signal.

Positives

• The acquisition of restricted share units by a key executive aligns management's interests with those of shareholders, indicating continued confidence in the company's future performance.

Future Outlook

The Restricted Share Units are scheduled to settle for Ordinary Shares on a 1:1 basis, with specific settlement dates tied to the reporting person's termination or separation from service, or death, as per the terms of the respective plans.

Industry Context

This filing is a routine disclosure of an insider transaction, reflecting executive compensation practices within the financial services and human capital consulting industry. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders may view the executive's increased beneficial ownership as a positive sign of management's commitment and alignment with shareholder interests.

Next Steps

• Settlement of Restricted Share Units for Ordinary Shares 6 months after the reporting person's termination date for the Deferred Savings Plan units.
• Settlement of Vested Shares for Ordinary Shares on the first business day of the month following the earlier of 6 months after separation from service or 30 days after death for the Stable Value Excess Plan units.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of restricted share units by a key executive as part of their compensation plan. While it signals continued alignment of management interests with shareholders, it does not present new information that would fundamentally alter the investment thesis for Willis Towers Watson PLC, thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Willis Towers Watson, WTW, Imran Qureshi, Form 4, Restricted Share Units, RSU, Insider Transaction, Executive Compensation, Deferred Savings Plan, Stable Value Excess Plan