Julie Jarecke Gebauer, President of Health, Wealth & Career at Willis Towers Watson PLC (NASDAQ:WTW), filed a statement of changes in beneficial ownership on August 17, 2026, disclosing the acquisition of restricted share units under a company non-qualified deferred compensation plan.

Key Highlights

  • Reporting person: Julie Jarecke Gebauer, identified as President, Health, Wealth & Career of Willis Towers Watson PLC.
  • Transaction date: The transaction was dated August 13, 2026, with the filing submitted on August 17, 2026.
  • Units acquired: 12.6282 restricted share units were acquired (transaction code A) under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
  • Price paid: The price of the derivative security is listed as $0, according to the filing.
  • Beneficial ownership following transaction: Gebauer held 5,626.3389 derivative securities (restricted share units) following the reported transaction, held directly.
  • Underlying security: Each restricted share unit corresponds to Ordinary Shares with a nominal value of $0.000304635 per share, settling on a 1:1 basis.

RSU Accrual Under Willis Towers Watson Deferred Compensation Plan

According to the filing, Gebauer's acquisition of 12.6282 restricted share units reflects units credited to her account under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees. The filing states that the amount reported is "net of the units acquired pursuant to the participant's contribution under the Plan," meaning the 12.6282 figure represents the company's accrual contribution under the plan's formula after accounting for the participant's own contribution.

Willis Towers Watson PLC is a global advisory, broking, and solutions company. Gebauer serves as President of the Health, Wealth & Career segment, one of the company's major operating divisions. The filing explains that vested shares under this non-qualified plan settle into Ordinary Shares on a 1:1 basis, but only on the first business day of the month that the NASDAQ Stock Market is open following the earlier of: the date that is six months after the reporting person's separation from service, or the date that is 30 days after the reporting person's death. No settlement event is reported in this filing.

The filing was signed by Gary Pang as attorney-in-fact for Gebauer, pursuant to a power of attorney previously filed. The filing indicates it was made by one reporting person, and no amendment date was listed, indicating this is an original filing rather than a revision of a prior disclosure.

What Was Disclosed

The filing disclosed that Julie Jarecke Gebauer acquired 12.6282 restricted share units on August 13, 2026, under a Willis Towers Watson non-qualified deferred compensation plan, bringing her total beneficial ownership of such units to 5,626.3389, held directly.