Faber Alexis 4

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).