Qureshi Imran Ahmed 4

What Happened

• Imran Qureshi, Global Head of Geographies at Willis Towers Watson (WTW), received equity awards on 2026-07-15. The filing shows three awards: 6.354 RSUs (acquired at $0.00), 10.375 derivative units (acquired at $0.00), and 5.684 derivative units (acquired at $0.00) — a total of 22.413 units. These are awards/grants (compensation), not purchases or sales, so no cash changed hands at grant.

Key Details

• Transaction date and price: 2026-07-15; all units reported at $0.00 (award/grant).
• Units granted: 6.354 RSUs + 10.375 derivative units + 5.684 derivative units = 22.413 total.
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F1: Dividend-equivalent rights accrued on previously reported RSU awards and vest on the same schedule; each is economically equivalent to one WTW Ordinary Share.
  • F2: Certain RSUs settle 1:1 into Ordinary Shares six months after the reporting person's termination.
  • F3/F5: Some units reflect dividends credited under the company’s Non‑Qualified Deferred Savings Plan and Excess Plan, converted to RSUs.
  • F4: Under the Stable Value Excess Plan, vested shares settle 1:1 the first business day of the month after the earlier of 6 months post‑separation or 30 days after death.
• Filing timeliness: Report covers 2026-07-15 and was filed 2026-07-17 — appears timely (within standard 2 business days).

Context

• These transactions are grants/awards (code "A") and include restricted share units and dividend-equivalent rights that typically convert to ordinary shares on vesting/settlement; they do not represent open-market buying or selling. Such awards are common forms of executive compensation and retention and don't by themselves indicate insider market sentiment.