Willis Towers Watson (WTW) officer reports new RSUs and share awards

Rhea-AI Filing Summary

Willis Towers Watson PLC PAO and Controller Joseph Stephen Kurpis reported routine equity-based compensation activity. On April 15, 2026, he acquired small additional restricted share units and ordinary shares, mainly from dividend equivalents under company non-qualified plans. After these awards, he holds 1,604.0540 ordinary shares directly, plus RSU balances of 448.4251 and 411.1756 units that settle into ordinary shares on a 1:1 basis under the plan terms.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Kurpis Joseph Stephen

Role PAO and Controller

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	1.347	$0.00	--
Grant/Award	Restricted Share Unit	1.469	$0.00	--
Grant/Award	Ordinary Shares, nominal value $0.000304635 per share	0.587	$0.00	--

Holdings After Transaction: Restricted Share Unit — 411.176 shares (Direct); Ordinary Shares, nominal value $0.000304635 per share — 1,604.054 shares (Direct)

Footnotes (1)

1. The dividend equivalent rights accrued on the reporting person's restricted share unit award and vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share. Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis 6 months after the reporting person's termination date. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan"), including the participant's deferral election under the Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Plan. 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. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Excess Plan.

Key Figures

RSU grant 1: 1.3465 units RSU grant 2: 1.4687 units Share grant: 0.5870 shares +4 more

7 metrics

RSU grant 1 1.3465 units Restricted share units acquired April 15, 2026

RSU grant 2 1.4687 units Restricted share units acquired April 15, 2026

Share grant 0.5870 shares Ordinary shares acquired April 15, 2026

Ordinary shares holding 1,604.0540 shares Direct ordinary share holdings after transactions

RSU balance A 411.1756 units Restricted share unit balance after grant 1

RSU balance B 448.4251 units Restricted share unit balance after grant 2

Share nominal value $0.000304635 per share Nominal value of WTW ordinary shares

Key Terms

Restricted Share Unit, dividend equivalent rights, Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees, Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees, +1 more

5 terms

Restricted Share Unit financial

"security_title: "Restricted Share Unit""

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

dividend equivalent rights financial

"The dividend equivalent rights accrued on the reporting person's restricted share unit award"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees financial

"Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees"

Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees financial

"Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares"

dividend equivalent right financial

"Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share"

Form 4 Insider Transactions: What Each Field Means →

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^*

Kurpis Joseph Stephen

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares, nominal value $0.000304635 per share	04/15/2026		A		0.587(1)	A	$0	1,604.054	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)	04/15/2026		A		1.3465(3)		(2)	(2)	Ordinary Shares, nominal value $0.000304635 per share	1.3465	$0	411.1756	D
Restricted Share Unit	(4)	04/15/2026		A		1.4687(5)		(4)	(4)	Ordinary Shares, nominal value $0.000304635 per share	1.4687	$0	448.4251	D

Explanation of Responses:

1. The dividend equivalent rights accrued on the reporting person's restricted share unit award and vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.

2. Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis 6 months after the reporting person's termination date.

3. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan"), including the participant's deferral election under the Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Plan.

4. 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.

5. Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Excess Plan.

	/s/ Joseph S. Kurpis by Gary Pang, Attorney-in-Fact (power of attorney previously filed)	04/17/2026
	** 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)

FAQ

What insider transactions did WTW officer Joseph Kurpis report on April 15, 2026?

Joseph Kurpis reported routine equity compensation acquisitions on April 15, 2026. He received small grants of restricted share units and ordinary shares, primarily from dividend equivalents credited under Willis Towers Watson’s non-qualified savings and excess plans, rather than through any open-market stock purchases or sales.

How many Willis Towers Watson ordinary shares does Joseph Kurpis hold after these Form 4 transactions?

After these transactions, Joseph Kurpis holds 1,604.0540 Willis Towers Watson ordinary shares directly. This reflects a modest increase tied to plan-related dividends and awards, with no indication of open-market buying or selling activity in the reported insider transactions.

What restricted share unit balances does Joseph Kurpis report in this WTW Form 4 filing?

Kurpis reports RSU balances of 411.1756 and 448.4251 units after the April 15, 2026 grants. These balances reflect cumulative restricted share units credited under Willis Towers Watson’s deferred compensation and excess plans, which are designed to settle into ordinary shares on a one-for-one basis in the future.

How do dividend equivalent rights affect Joseph Kurpis’s WTW restricted share units?

Dividend equivalent rights accrue on Kurpis’s restricted share units and vest on the same schedule as the underlying awards. Each dividend equivalent right is economically equal to one Willis Towers Watson ordinary share, increasing his RSU balance over time as dividends are credited under the company plans.

When will Joseph Kurpis’s Willis Towers Watson restricted share units settle into ordinary shares?

Restricted share units related to the non-qualified deferred savings plan settle into Willis Towers Watson ordinary shares six months after Kurpis’s termination date. Vested shares under the stable value excess plan settle on the first eligible business day after specified separation-from-service or death-related timing triggers.