Form 4: WTW Executive Qureshi Acquires Shares, RSUs

Willis Towers Watson PLC's Global Head of Geographies, Imran Ahmed Qureshi, reported the acquisition of ordinary shares and restricted share units through dividend equivalent rights and company plans.

Summary

• Imran Ahmed Qureshi, Global Head of Geographies at Willis Towers Watson PLC, reported transactions on January 15, 2026.
• Acquired 4.905 Ordinary Shares through dividend equivalent rights, which accrued on restricted share unit awards and vest based on the same schedule as the underlying RSUs.
• Acquired 8.1114 Restricted Share Units (RSUs) through the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, representing participant deferral elections and company matching contributions.
• Acquired 4.5808 Restricted Share Units (RSUs) through the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, representing participant deferral elections and company matching contributions.
• Following these transactions, Qureshi directly beneficially owns 2,219.788 Ordinary Shares and 2,946.2625 RSUs (from the Deferred Savings Plan) and 1,648.9651 RSUs (from the Stable Value Excess Plan).
• An additional 5,652 Ordinary Shares are indirectly beneficially owned through a Revocable Trust.

Sentiment

Score: 6

Explanation: The filing reports an executive's acquisition of additional shares and restricted share units through dividend equivalent rights and company compensation plans, indicating continued alignment with shareholder interests. This is a routine, slightly positive event.

Positives

• The acquisition of additional shares and restricted share units by a key executive, even through compensation plans and dividend reinvestment, indicates continued alignment of management's interests with those of shareholders.
• Participation in company-sponsored deferred savings and excess plans demonstrates executive commitment and long-term investment in the company's equity.

Future Outlook

Restricted Share Units (RSUs) acquired through the Non-Qualified Deferred Savings Plan will settle for Ordinary Shares on a 1:1 basis 6 months after the reporting person's termination date. Vested shares under the Non-Qualified Stable Value Excess Plan will settle for Ordinary Shares on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) 6 months after the reporting person's separation from service and (ii) 30 days after the reporting person's death.

Industry Context

This Form 4 filing is specific to an insider transaction and does not provide broader industry context or trends. It reflects an individual executive's equity holdings and compensation structure within Willis Towers Watson PLC.

Related Party Transactions

• The reported transactions involve an officer of Willis Towers Watson PLC acquiring company securities through company-sponsored compensation and deferred savings plans. These are standard related-party transactions within the scope of executive compensation.

Stakeholder Impact

• Shareholders: The transactions indicate continued executive ownership and participation in company equity, which can be viewed positively as it aligns management's financial interests with those of shareholders.
• Employees: The filing details aspects of executive compensation plans, which may be of interest to employees regarding company benefits and equity programs.

Next Steps

• Vesting and settlement of the acquired Restricted Share Units will occur according to the terms of the Willis Towers Watson Non-Qualified Deferred Savings Plan and the Non-Qualified Stable Value Excess Plan.

Key Dates

Recommendation

This Form 4 reports routine acquisitions of shares and restricted share units by an executive through dividend equivalent rights and company compensation plans. While it indicates continued executive alignment, these transactions are not significant enough in scope or nature to alter a fundamental investment thesis or warrant a change from a 'hold' position based solely on this filing. Investors should consider broader company performance and market conditions.

Keywords

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