Faber Alexis 4

What Happened

• Alexis Faber, Chief Operating Officer of Willis Towers Watson (WTW), was granted awards on April 15, 2026 totaling 16.994 units: 5.531 restricted-share units and two derivative awards of 7.977 and 3.486 units. Each award shows acquisition price $0 (these are equity awards, not open-market purchases).
• The awards include restricted share units (RSUs) and dividend-equivalent rights that are economically equivalent to WTW ordinary shares and will settle into ordinary shares under the company’s plan rules (see Key Details for settlement timing). No cash was paid for these awards.

Key Details

• Transaction date: 2026-04-15; Form 4 filed: 2026-04-17.
• Awards: 5.531 RSUs @ $0.00; 7.977 derivative units @ $0.00; 3.486 derivative units @ $0.00 — total 16.994 units; reported value on the Form = $0 (equity grants).
• Shares owned after transaction: not provided in the summary data supplied.
• Footnotes summary:
  • F1: Dividend-equivalent rights accrue on RSUs and vest on the same schedule; each equals one ordinary share economically.
  • F2/F4: RSUs generally settle 1:1 for ordinary shares, often with post-termination timing (e.g., six months after termination or other plan-specified dates).
  • F3/F5: Some units arise from the company’s non‑qualified deferred savings and excess plans (matching/deferral credited as RSUs).
• Filing timeliness: Form filed two days after the transaction date; no late filing flag provided in the supplied data.

Context

• These transactions are awards (code A) — routine equity compensation rather than open-market buying or selling. For retail investors, awards do not necessarily signal immediate bullish or bearish intent because they generally reflect compensation policies and vesting schedules.
• The derivative items reflect dividend-equivalent or plan-based crediting tied to RSUs; settlement into ordinary shares is subject to the specific plan terms and timing noted above.