Furman Matthew 4
4 · WILLIS TOWERS WATSON PLC · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
WTW General Counsel Matthew Furman Receives Award
What Happened
Matthew Furman, General Counsel of Willis Towers Watson plc (WTW), was granted 5,769 performance-based restricted share units (reported as an acquisition on 2026-02-25). The Form 4 reports the award at $0.00 (code A — grant/award), reflecting that these units were issued as compensation rather than a cash purchase. Each earned unit represents the right to receive one ordinary share upon vesting, subject to the award terms.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (filed within the typical 2-business-day Form 4 window).
- Transaction type/code: Award/Grant (A). Reported acquisition: 5,769 units at $0.00.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: These are performance-based RSUs certified for the performance period ended 12/31/2025. Units will convert to ordinary shares upon satisfaction of the service-based vesting requirement on 04/01/2026 and include dividend-equivalent units that vest/pay with the underlying RSUs (see footnote F1).
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided information.
Context
This is a compensation award (performance-based RSUs), not an open-market buy or sale. Such grants are common as part of executive pay and only convert into tradable shares if service and any applicable performance conditions are met. The $0.00 acquisition price reflects the nature of the grant; the eventual market value will depend on WTW’s share price when the RSUs vest and are settled.
Insider Transaction Report
- Award
Ordinary Shares, nominal value $0.000304635 per share
[F1]2026-02-25+5,769→ 41,185.06 total
Footnotes (1)
- [F1]Represents the number of performance-based restricted share units earned upon the certification of the achievement of certain pre-established performance goals for the performance period that ended on December 31, 2025. Each earned unit represents the right to receive one ordinary share of the Issuer upon the satisfaction of the service-based vesting requirement on April 1, 2026, subject to the terms of the award agreement. This number also includes the number of ordinary shares of the Issuer that are issuable pursuant to the dividend equivalent right under the terms of the award agreement providing for the accrual of dividends in the form of additional restricted share units that vest and are payable at the same time as the underlying performance-based restricted share units.