Hammond Michael P. 4

What Happened
Michael P. Hammond, a director of Willis Towers Watson plc (WTW), was granted 925.014 restricted share units (RSUs) on 2026-05-20. The award was recorded at $0.00 per unit (no cash purchase); the RSUs represent the right to receive ordinary shares of WTW once they vest.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (filed two days after the award).
• Transaction type: A = Award/Grant. Price: $0.00. Amount: 925.014 RSUs.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: RSUs vest in full on the earlier of the one-year anniversary of the grant date or WTW's 2027 Annual General Meeting of Shareholders.
• No indication of a 10b5-1 plan, sale, tax withholding, or cashless exercise in the provided details.

Context
RSUs are a form of equity compensation; they do not represent immediately tradable shares until they vest and are settled. Awards to directors are typically compensation-related and do not necessarily signal a buy or sell opinion on the stock. This filing documents a grant (not a market purchase), so it’s informative about compensation but not a straightforward bullish or bearish trading signal.