Faber Alexis 4
Research Summary
AI-generated summary
Willis Towers Watson (WTW) COO Alexis Faber Receives Award
What Happened
- Alexis Faber, Chief Operating Officer of Willis Towers Watson (WTW), was granted 47.652 restricted share units (derivative securities) on July 10, 2026. The filing lists a per-share reference price of $289.65, giving an aggregate grant value of approximately $13,802. This is an award/compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: July 10, 2026; Filing date: July 14, 2026 (reporting period 7/10/2026).
- Award: 47.652 restricted share units; reference price $289.65; aggregate value ≈ $13,802.
- Shares owned after transaction: Not specified in the filing.
- Footnote F1: RSUs settle for ordinary shares on a 1:1 basis and have a nominal par value of $0.000304635 per share; settlement occurs six months after the reporting person’s termination date (i.e., post-termination lag on settlement).
- Footnote F2: The RSUs include units credited under the Willis Towers Watson Non‑Qualified Deferred Savings Plan for U.S. employees—reflecting the participant’s deferral election and the company’s matching contribution, both credited as RSUs.
- Timeliness: The form was filed four days after the transaction date; Form 4s are typically due within two business days, so investors may wish to confirm timeliness via the SEC filing.
Context
- These are restricted share unit awards (compensation) that convert into ordinary shares later under the plan’s terms. They are not immediate sales or open-market purchases and do not by themselves indicate the insider is buying or selling stock for investment reasons.