Director at Willis Towers Watson (WTW) granted 925 RSUs as equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chipman Stephen M. reported acquisition or exercise transactions in this Form 4 filing.

Willis Towers Watson plc director Stephen M. Chipman received an award of 925.014 restricted share units (RSUs). These RSUs represent the right to receive ordinary shares and carry a nominal value of $0.000304635 per share. They will vest in full on the earlier of the one-year anniversary of the grant date and the company’s 2027 Annual General Meeting of Shareholders. Following this equity grant, Chipman’s direct holdings reported in this filing increased to a total of 2,272.034 ordinary shares, reflecting routine share-based compensation rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chipman Stephen M.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share	925.014	$0.00	--

Holdings After Transaction: Ordinary Shares, nominal value $0.000304635 per share — 2,272.034 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 925.014 RSUs Total shares after transaction: 2,272.034 shares Nominal share value: $0.000304635 per share +1 more

4 metrics

RSUs granted 925.014 RSUs Grant to director Stephen M. Chipman on May 20, 2026

Total shares after transaction 2,272.034 shares Direct holdings reported following RSU award

Nominal share value $0.000304635 per share Ordinary shares underlying RSUs

Transaction price per RSU $0.0000 Grant/award acquisition, not an open-market purchase

Key Terms

restricted share units ("RSUs"), Annual General Meeting of Shareholders, Ordinary Shares

3 terms

Annual General Meeting of Shareholders financial

"shall vest in full on the earlier of the one-year anniversary of the grant date and the Issuer's 2027 Annual General Meeting of Shareholders"

Ordinary Shares financial

"Ordinary Shares, nominal value $0.000304635 per share"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 04:03 PM

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
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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^*

Chipman Stephen M.

(Last)

(First)

(Middle)

C/O WILLIS GROUP LIMITED

51 LIME STREET

(Street)

LONDON

EC3M 7DQ

(City)

(State)

(Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
WILLIS TOWERS WATSON PLC [ WTW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares, nominal value $0.000304635 per share	05/20/2026		A		925.014⁽¹⁾	A	$0	2,272.034	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Comprised of 925.014 restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000304635 per share, of the Issuer. The RSUs shall vest in full on the earlier of the one-year anniversary of the grant date and the Issuer's 2027 Annual General Meeting of Shareholders.

	/s/ Stephen M. Chipman, by Lina Vanessa Jaramillo as Attorney-in-Fact (power of attorney previously filed)	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Willis Towers Watson (WTW) director Stephen M. Chipman report on this Form 4?

Stephen M. Chipman reported receiving 925.014 restricted share units (RSUs) of Willis Towers Watson. These RSUs are a share-based compensation award and increase his total directly held ordinary shares to 2,272.034 as reflected after the transaction in the filing.

How many Willis Towers Watson (WTW) RSUs were granted to Stephen M. Chipman?

He was granted 925.014 restricted share units (RSUs) in this transaction. Each RSU represents the right to receive one Willis Towers Watson ordinary share, subject to vesting conditions described in the filing’s footnote for this award.

When do Stephen M. Chipman’s Willis Towers Watson (WTW) RSUs vest?

The 925.014 RSUs will vest in full on the earlier of the one-year anniversary of the grant date and Willis Towers Watson’s 2027 Annual General Meeting of Shareholders. Vesting must occur before the RSUs convert into ordinary shares for the director.

What is Stephen M. Chipman’s total Willis Towers Watson (WTW) shareholding after this RSU grant?

After the RSU award, Chipman’s directly reported holdings total 2,272.034 ordinary shares. This figure includes the newly granted RSUs and provides the updated post-transaction ownership level disclosed in the Form 4 filing.

Did Stephen M. Chipman buy or sell Willis Towers Watson (WTW) shares on the market?

No, this Form 4 shows a grant or award acquisition of RSUs at a price of $0.0000 per unit. It reflects compensation in equity form rather than an open-market purchase or sale of Willis Towers Watson ordinary shares.