Banas Kristy D 4

What Happened Kristy D. Banas, Chief Human Resources Officer of Willis Towers Watson plc (WTW), was issued 108.45 restricted share units (RSUs) on April 10, 2026. The grant is recorded as a derivative award (code A) with an imputed per-share price of $280.14, for a total grant value of approximately $30,381. This is an award/compensation event (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-04-10; Form 4 filed: 2026-04-14 (filed within the required reporting window).
• Instrument: 108.45 restricted share units (derivative award) at $280.14 per share = ~$30,381.
• Transaction code: A (grant/award).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: RSUs settle into ordinary shares (1:1) and will be delivered 6 months after the reporting person’s termination date.
  • F2: These RSUs include amounts from the Willis Towers Watson Non‑Qualified Deferred Savings Plan, reflecting the participant’s deferral election plus the company’s matching contribution.

Context RSU grants are a common form of executive compensation and are different from purchases or sales — they typically reflect pay and retention practices rather than a direct market sentiment trade. As these RSUs are part of a deferred savings plan and have a settlement timing tied to termination (per F1), they may not convert to voting shares immediately.