Willis Towers Watson (WTW) CHRO Kristy D. Banas Receives Award

What Happened

• Kristy D. Banas, Chief Human Resources Officer of Willis Towers Watson plc (WTW), was granted awards on July 15, 2026. The filing shows three award lines totaling 11.386 units: 5.174 shares (award) plus 4.345 and 1.867 derivative awards. All items were reported as grants (transaction code A) at a $0.00 price, so no cash was paid for these awards.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (within the required 2‑business‑day window).
• Award totals: 11.386 units (5.174 + 4.345 + 1.867) at $0.00 per unit; total cash consideration = $0.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: Dividend-equivalent rights accrued on previously reported RSUs and will vest on the same schedule as the underlying awards (each DE right equals one ordinary share).
  • F2/F4: Restricted share units generally settle 1:1 for ordinary shares (nominal value $0.000304635) typically six months after termination (or per specified plan rules).
  • F3/F5: Some credits arose under non-qualified deferred savings/stable value plans and include company matching contributions credited as RSUs.
• Transaction code: A (award/grant). Not a market purchase or sale.

Context

• These were compensation awards (RSUs and related dividend-equivalent/derivative credits), not open-market purchases or sales; no immediate cash flow and no shares were reported sold.
• Derivative entries reflect dividend-equivalent or plan-credited RSUs that convert to ordinary shares subject to vesting/plan rules—they don’t necessarily indicate a buying/selling signal by the insider.