Faber Alexis 4
4 · WILLIS TOWERS WATSON PLC · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Willis Towers Watson (WTW) COO Alexis Faber Receives Award
What Happened
Alexis Faber, Chief Operating Officer of Willis Towers Watson (WTW), received equity awards on July 15, 2026. The filing shows 5.695 restricted share units (RSUs) granted at $0.00 and two related derivative/dividend-equivalent awards of 8.581 and 3.584 units (total 12.165) also recorded at $0.00. All awards have an acquisition code "A" (award/grant), and the reported value for these transactions is $0.
Key Details
- Transaction date: 2026-07-15; Form 4 filed 2026-07-17 (timely filing).
- Award details: 5.695 RSUs (primary grant) + 8.581 and 3.584 dividend-equivalent/derivative RSUs; price per share reported $0.00; total cash paid = $0.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnotes of note:
- F1: Dividend equivalent rights accrue on previously reported RSUs and vest on the same schedule as the underlying awards (each DE right equals one ordinary WTW share).
- F2/F4: RSUs generally settle 1:1 for ordinary shares (nominal value $0.000304635) and may convert to shares six months after termination or per plan rules.
- F3/F5: Some units represent contributions/matches under the company’s deferred savings/stable value plans credited as RSUs.
- Transaction code: A = Award/Grant (not a purchase or sale).
Context
These are compensation-related equity awards and dividend-equivalent units, not open-market purchases or sales—common for executive pay and not a direct buy/sell signal. Derivative/dividend-equivalent units typically convert to ordinary shares under plan-specific vesting/settlement rules (see footnotes for timing).
Insider Transaction Report
- Award
Ordinary Shares, nominal value $0.000304635 per share
[F1]2026-07-15+5.695→ 11,481.542 total - Award
Restricted Share Unit
[F2][F3]2026-07-15+8.581→ 2,604.861 total→ Ordinary Shares, nominal value $0.000304635 per share (8.581 underlying) - Award
Restricted Share Unit
[F4][F5]2026-07-15+3.584→ 1,068.043 total→ Ordinary Shares, nominal value $0.000304635 per share (3.584 underlying)
- 1(indirect: Directly held by immediate family member.)
Ordinary Shares, nominal value $0.000304635 per share
Footnotes (5)
- [F1]The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit awards and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.
- [F2]Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis 6 months after the reporting person's termination date.
- [F3]Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan"), including the participant's deferral election under the Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Plan.
- [F4]Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death.
- [F5]Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Excess Plan.