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Willis Towers Watson (WTW) counsel sells 3,000 shares, gets new RSUs

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Willis Towers Watson plc General Counsel Matthew Furman reported mixed insider activity in company equity. On March 3, 2026, he acquired 27.2411 restricted share units at a stated price of $0.0000 per unit, bringing his total restricted share units to 2,587.9376.

On the same date, he sold 3,000 ordinary shares at a weighted average price of $304.0029 per share, with individual trades ranging from $303.82 to $304.25, and held 38,185.0596 ordinary shares afterward. The filing notes these restricted share units relate to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, which settles vested units into ordinary shares on a 1:1 basis upon specified separation or death timing conditions.

Positive

  • None.

Negative

  • None.
Insider Furman Matthew
Role General Counsel
Sold 3,000 shs ($912K)
Type Security Shares Price Value
Grant/Award Restricted Share Unit 27.241 $0.00 --
Sale Ordinary Shares, nominal value $0.000304635 per share 3,000 $304.0029 $912K
Holdings After Transaction: Restricted Share Unit — 2,587.938 shares (Direct); Ordinary Shares, nominal value $0.000304635 per share — 38,185.06 shares (Direct)
Footnotes (1)
  1. This transaction was executed in multiple trades at prices ranging from $303.82 to $304.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares, nominal value $0.000304635 per share, 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) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death. Includes restricted share units credited to the participant's account by the Company pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Plan") accrual formula, net of the units acquired pursuant to the participant's contribution under the Plan.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Furman Matthew

(Last) (First) (Middle)
C/O WILLIS GROUP LIMITED
51 LIME STREET

(Street)
LONDON X0 EC3M 7DQ

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WILLIS TOWERS WATSON PLC [ WTW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares, nominal value $0.000304635 per share 03/03/2026 S 3,000 D $304.0029(1) 38,185.0596 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Unit (2) 03/03/2026 A 27.2411(3) (2) (2) Ordinary Shares, nominal value $0.000304635 per share 27.2411 $0 2,587.9376 D
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $303.82 to $304.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
2. Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares, nominal value $0.000304635 per share, 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) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death.
3. Includes restricted share units credited to the participant's account by the Company pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Plan") accrual formula, net of the units acquired pursuant to the participant's contribution under the Plan.
/s/ Matthew Furman by Lina Vanessa Jaramillo, Attorney-in-Fact (power of attorney previously filed) 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did WTW General Counsel Matthew Furman report?

Matthew Furman reported acquiring 27.2411 restricted share units and selling 3,000 ordinary shares of Willis Towers Watson plc. The sale occurred at a weighted average price of $304.0029 per share, with multiple trades between $303.82 and $304.25.

How many Willis Towers Watson shares did Matthew Furman sell in this Form 4?

He sold 3,000 ordinary shares of Willis Towers Watson plc in open-market transactions. The weighted average sale price was $304.0029 per share, with individual trades executed at prices ranging from $303.82 to $304.25, as disclosed in the footnotes.

What equity awards did Matthew Furman receive from Willis Towers Watson (WTW)?

He received a grant of 27.2411 restricted share units at a stated price of $0.0000 per unit. Following this grant, his total restricted share unit holdings increased to 2,587.9376 units under the company’s non-qualified stable value excess plan for U.S. employees.

What are Matthew Furman’s holdings after the reported WTW transactions?

After these transactions, he held 38,185.0596 ordinary shares and 2,587.9376 restricted share units of Willis Towers Watson plc. These figures reflect his direct ownership positions following the March 3, 2026 acquisition and sale activity disclosed in the Form 4.

How do Furman’s restricted share units in WTW’s plan settle into ordinary shares?

Under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, vested restricted share units settle into ordinary shares on a 1:1 basis. Settlement occurs on the first eligible business day after specified separation-from-service or death-related timing conditions are met.

What pricing details are provided for Furman’s WTW share sale?

The 3,000 ordinary shares were sold in multiple trades at prices between $303.82 and $304.25. The reported transaction price of $304.0029 per share is the weighted average sale price, with full trade details available to regulators and security holders upon request.
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