Willis Towers Watson insider activity
What the executives and directors of Willis Towers Watson actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 274 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Jul 15, 2026 | Hess Carl Aaron | 52 |
| Jul 15, 2026 | Gebauer Julie Jarecke | 12 |
| Jul 15, 2026 | Kurpis Joseph Stephen | 1 |
| Jul 15, 2026 | Furman Matthew | 6 |
| Jul 15, 2026 | Pullum Anne | 7 |
| Jul 15, 2026 | Krasner Andrew Jay | 15 |
| Jul 15, 2026 | Qureshi Imran Ahmed | 6 |
| Jul 15, 2026 | Banas Kristy D | 5 |
| Jul 15, 2026 | Faber Alexis | 6 |
| Jul 15, 2026 | Clarke Lucy | 41 |
| May 20, 2026 | REILLY PAUL C | 1,319 |
| May 20, 2026 | Tomczyk Fredric J | 925 |
| May 20, 2026 | Swanback Michelle R | 925 |
| May 20, 2026 | Beale Inga K | 925 |
| May 20, 2026 | Chima Fumbi F. | 1,417 |
| May 20, 2026 | Hammond Michael P. | 925 |
| May 20, 2026 | Chipman Stephen M. | 925 |
| May 20, 2026 | Hunt Jacqueline | 925 |
| May 15, 2026 | REILLY PAUL C | 495 |
| May 15, 2026 | Tomczyk Fredric J | 341 |
| May 15, 2026 | Swanback Michelle R | 341 |
| May 15, 2026 | Beale Inga K | 341 |
| May 15, 2026 | Chima Fumbi F. | 534 |
| May 15, 2026 | Hammond Michael P. | 341 |
| May 15, 2026 | Chipman Stephen M. | 341 |
| May 15, 2026 | Hunt Jacqueline | 341 |
| Apr 21, 2026 | Hess Carl Aaron | 9,665 |
| Apr 21, 2026 | Gebauer Julie Jarecke | 2,043 |
| Apr 21, 2026 | Kurpis Joseph Stephen | 107 |
| Apr 21, 2026 | Furman Matthew | 1,071 |
| Apr 21, 2026 | Pullum Anne | 1,198 |
| Apr 21, 2026 | Krasner Andrew Jay | 2,650 |
| Apr 21, 2026 | Qureshi Imran Ahmed | 1,171 |
| Apr 21, 2026 | Banas Kristy D | 876 |
| Apr 21, 2026 | Faber Alexis | 952 |
| Apr 21, 2026 | Clarke Lucy | 1,986 |
| Apr 15, 2026 | Hess Carl Aaron | 48 |
| Apr 15, 2026 | Gebauer Julie Jarecke | 10 |
| Apr 15, 2026 | Kurpis Joseph Stephen | 1 |
| Apr 15, 2026 | Furman Matthew | 6 |
| Apr 15, 2026 | Pullum Anne | 6 |
| Apr 15, 2026 | Krasner Andrew Jay | 13 |
| Apr 15, 2026 | Qureshi Imran Ahmed | 6 |
| Apr 15, 2026 | Banas Kristy D | 5 |
| Apr 15, 2026 | Faber Alexis | 6 |
| Apr 15, 2026 | Clarke Lucy | 36 |
| Apr 1, 2026 | Hess Carl Aaron | 31K |
| Apr 1, 2026 | Gebauer Julie Jarecke | 3,696 |
| Apr 1, 2026 | Kurpis Joseph Stephen | 248 |
| Apr 1, 2026 | Furman Matthew | 3,458 |
| Apr 1, 2026 | Pullum Anne | 3,541 |
| Apr 1, 2026 | Krasner Andrew Jay | 4,584 |
| Apr 1, 2026 | Qureshi Imran Ahmed | 3,197 |
| Apr 1, 2026 | Banas Kristy D | 2,538 |
| Apr 1, 2026 | Faber Alexis | 2,073 |
| Feb 26, 2026 | Hess Carl Aaron | 58K |
| Feb 26, 2026 | Krasner Andrew Jay | 10K |
| Feb 25, 2026 | Gebauer Julie Jarecke | 8,474 |
| Feb 25, 2026 | Kurpis Joseph Stephen | 650 |
| Feb 25, 2026 | Furman Matthew | 5,769 |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 132K |
| Bought on market | 7,637 |
| Withheld for tax | 65K |
| Discretionary sales | 3,730 |
| Gifts | 68 |
| Kept | 71K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Hess Carl Aaron | 48K | 118K | 244.4 |
| Gebauer Julie Jarecke | 98K | 78K | 79.8 |
| Furman Matthew | 26K | 36K | 137.8 |
| Clarke Lucy | 18K | 23K | 123.3 |
| Pullum Anne | 10K | 22K | 221.2 |
Who holds what
the 14 largest holdings of 21| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Hess Carl Aaron Chief Executive Officer Last trade May 4, 2026 | CEO | 118K | $510K | – | net buying over the year: 1 month buying, 0 months selling | May 4, 2026 |
| Gebauer Julie Jarecke Pres.-Health, Wealth & Career Last trade Mar 3, 2025 | Officer | 79K | – | – | Mar 3, 2025 | |
| Furman Matthew General Counsel Last trade Mar 3, 2026 | Officer | 36K | – | $912K | net selling over the year: 0 months buying, 1 month selling | Mar 3, 2026 |
| Clarke Lucy President of Risk & Broking Last trade May 6, 2026 | Officer | 23K | $1.5M | – | net buying over the year: 2 months buying, 0 months selling | May 6, 2026 |
| Pullum Anne Co-Head of Corporate Dev. Last trade Jun 7, 2023 | Officer | 22K | – | – | Jun 7, 2023 | |
| Krasner Andrew Jay Chief Financial Officer Last trade Jun 3, 2025 | CFO | 16K | – | – | Jun 3, 2025 | |
| Garrard Adam Head of Risk & Broking Last trade Feb 8, 2024 | Officer | 14K | – | – | Feb 8, 2024 | |
| THOMAS PAUL D Last trade Nov 4, 2019 | Director | 13K | – | – | Nov 4, 2019 | |
| Banas Kristy D Chief Human Resources Officer | Officer | 11K | – | – | – | |
| Faber Alexis Chief Operating Officer Last trade Aug 10, 2026 | COO | 11K | – | $250K | net selling over the year: 0 months buying, 1 month selling | Aug 10, 2026 |
| Thomson-Hall Pamela Head of International Last trade Nov 9, 2023 | Officer | 5,840 | – | – | Nov 9, 2023 | |
| Chima Fumbi F. | Director | 4,315 | – | – | – | |
| REILLY PAUL C | Director | 3,146 | – | – | – | |
| Hammond Michael P. Last trade Feb 12, 2026 | Director | 3,089 | $67K | – | net buying over the year: 1 month buying, 0 months selling | Feb 12, 2026 |
Open-market trade log
the 60 most recent of 362| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026 | Faber Alexis (COO) 730 shares $342.70 +0.0% since trade filed Aug 12, 2026 | Discretionary sale | 730 | $342.70 | $250K | +0.0% | Aug 12, 2026 |
| May 6, 2026 | Clarke Lucy (Officer) 1,896 shares $263.37 +30.1% since trade filed May 6, 2026 | Open-market buy | 1,896 | $263.37 | $499K | +30.1% | May 6, 2026 |
| May 4, 2026 | Hess Carl Aaron (CEO) 2,000 shares $255.08 +34.4% since trade filed May 5, 2026 | Open-market buy | 2,000 | $255.08 | $510K | +34.4% | May 5, 2026 |
| Mar 3, 2026 | Furman Matthew (Officer) 3,000 shares $304.00 +12.7% since trade filed Mar 5, 2026 | Discretionary sale | 3,000 | $304.00 | $912K | +12.7% | Mar 5, 2026 |
| Feb 13, 2026 | Clarke Lucy (Officer) 3,500 shares $284.84 +20.3% since trade filed Feb 17, 2026 | Open-market buy | 3,500 | $284.84 | $997K | +20.3% | Feb 17, 2026 |
| Feb 12, 2026 | Hammond Michael P. (Director) 241 shares $278.86 +22.9% since trade filed Feb 13, 2026 | Open-market buy | 241 | $278.86 | $67K | +22.9% | Feb 13, 2026 |
| Jun 3, 2025 | Krasner Andrew Jay (CFO) 1,600 shares $315.75 +8.5% since trade filed Jun 5, 2025 | Planned sale (10b5-1) | 1,600 | $315.75 | $505K | +8.5% | Jun 5, 2025 |
| May 8, 2025 | Hess Carl Aaron (CEO) 146 shares $306.85 +11.7% since trade filed May 12, 2025 | Planned sale (10b5-1) | 146 | $306.85 | $45K | +11.7% | May 12, 2025 |
| May 8, 2025 | Hess Carl Aaron (CEO) 192 shares $307.91 +11.3% since trade filed May 12, 2025 | Planned sale (10b5-1) | 192 | $307.91 | $59K | +11.3% | May 12, 2025 |
| May 8, 2025 | Hess Carl Aaron (CEO) 709 shares $310.74 +10.3% since trade filed May 12, 2025 | Planned sale (10b5-1) | 709 | $310.74 | $220K | +10.3% | May 12, 2025 |
| May 8, 2025 | Hess Carl Aaron (CEO) 2,891 shares $309.67 +10.7% since trade filed May 12, 2025 | Planned sale (10b5-1) | 2,891 | $309.67 | $895K | +10.7% | May 12, 2025 |
| May 8, 2025 | Hess Carl Aaron (CEO) 6,062 shares $308.78 +11.0% since trade filed May 12, 2025 | Planned sale (10b5-1) | 6,062 | $308.78 | $1.9M | +11.0% | May 12, 2025 |
| May 8, 2025 | Faber Alexis (COO) 265 shares $306.92 +11.7% since trade filed May 12, 2025 | Planned sale (10b5-1) | 265 | $306.92 | $81K | +11.7% | May 12, 2025 |
| Mar 3, 2025 | Gebauer Julie Jarecke (Officer) 1,616 shares $338.74 +1.2% since trade filed Mar 4, 2025 | Discretionary sale | 1,616 | $338.74 | $547K | +1.2% | Mar 4, 2025 |
| Feb 28, 2025 | Gebauer Julie Jarecke (Officer) 3,384 shares $335.77 +2.1% since trade filed Feb 28, 2025 | Discretionary sale | 3,384 | $335.77 | $1.1M | +2.1% | Feb 28, 2025 |
| Mar 1, 2024 | Krasner Andrew Jay (CFO) 1,100 shares $272.13 +25.9% since trade filed Mar 5, 2024 | Discretionary sale | 1,100 | $272.13 | $299K | +25.9% | Mar 5, 2024 |
| Feb 20, 2024 | Gebauer Julie Jarecke (Officer) 5,000 shares $276.03 +24.2% since trade filed Feb 22, 2024 | Discretionary sale | 5,000 | $276.03 | $1.4M | +24.2% | Feb 22, 2024 |
| Feb 8, 2024 | Garrard Adam (Officer) 5,400 shares $270.41 +26.7% since trade filed Feb 12, 2024 | Discretionary sale | 5,400 | $270.41 | $1.5M | +26.7% | Feb 12, 2024 |
| Nov 9, 2023 | Thomson-Hall Pamela (Officer) 330 shares $238.87 +43.5% since trade filed Nov 13, 2023 | Discretionary sale | 330 | $238.87 | $79K | +43.5% | Nov 13, 2023 |
| Jul 3, 2023 | Gebauer Julie Jarecke (Officer) 500 shares $234.82 +45.9% since trade filed Jul 5, 2023 | Discretionary sale | 500 | $234.82 | $117K | +45.9% | Jul 5, 2023 |
| Jul 3, 2023 | Gebauer Julie Jarecke (Officer) 600 shares $231.41 +48.1% since trade filed Jul 5, 2023 | Discretionary sale | 600 | $231.41 | $139K | +48.1% | Jul 5, 2023 |
| Jul 3, 2023 | Gebauer Julie Jarecke (Officer) 900 shares $230.14 +48.9% since trade filed Jul 5, 2023 | Discretionary sale | 900 | $230.14 | $207K | +48.9% | Jul 5, 2023 |
| Jun 7, 2023 | Pullum Anne (Officer) 5,000 shares $224.45 +52.7% since trade filed Jun 9, 2023 | Discretionary sale | 5,000 | $224.45 | $1.1M | +52.7% | Jun 9, 2023 |
| Jun 1, 2023 | Gebauer Julie Jarecke (Officer) 2,500 shares $218.35 +57.0% since trade filed Jun 1, 2023 | Discretionary sale | 2,500 | $218.35 | $546K | +57.0% | Jun 1, 2023 |
| May 1, 2023 | Gebauer Julie Jarecke (Officer) 2,500 shares $231.44 +48.1% since trade filed May 2, 2023 | Discretionary sale | 2,500 | $231.44 | $579K | +48.1% | May 2, 2023 |
| Apr 3, 2023 | Gebauer Julie Jarecke (Officer) 2,500 shares $232.38 +47.5% since trade filed Apr 4, 2023 | Discretionary sale | 2,500 | $232.38 | $581K | +47.5% | Apr 4, 2023 |
| Mar 1, 2023 | Gebauer Julie Jarecke (Officer) 1,096 shares $232.86 +47.2% since trade filed Mar 2, 2023 | Discretionary sale | 1,096 | $232.86 | $255K | +47.2% | Mar 2, 2023 |
| Mar 1, 2023 | Gebauer Julie Jarecke (Officer) 1,404 shares $233.83 +46.6% since trade filed Mar 2, 2023 | Discretionary sale | 1,404 | $233.83 | $328K | +46.6% | Mar 2, 2023 |
| Feb 14, 2023 | Gebauer Julie Jarecke (Officer) 200 shares $246.38 +39.1% since trade filed Feb 15, 2023 | Discretionary sale | 200 | $246.38 | $49K | +39.1% | Feb 15, 2023 |
| Feb 14, 2023 | Gebauer Julie Jarecke (Officer) 1,360 shares $247.63 +38.4% since trade filed Feb 15, 2023 | Discretionary sale | 1,360 | $247.63 | $337K | +38.4% | Feb 15, 2023 |
| Feb 14, 2023 | Gebauer Julie Jarecke (Officer) 1,440 shares $245.86 +39.4% since trade filed Feb 15, 2023 | Discretionary sale | 1,440 | $245.86 | $354K | +39.4% | Feb 15, 2023 |
| Feb 9, 2023 | Bodnar Anne Donovan (Officer) 200 shares $251.77 +36.1% since trade filed Feb 10, 2023 | Discretionary sale | 200 | $251.77 | $50K | +36.1% | Feb 10, 2023 |
| Feb 9, 2023 | Bodnar Anne Donovan (Officer) 350 shares $249.42 +37.4% since trade filed Feb 10, 2023 | Discretionary sale | 350 | $249.42 | $87K | +37.4% | Feb 10, 2023 |
| Feb 9, 2023 | Bodnar Anne Donovan (Officer) 470 shares $256.90 +33.4% since trade filed Feb 10, 2023 | Discretionary sale | 470 | $256.90 | $121K | +33.4% | Feb 10, 2023 |
| Feb 9, 2023 | Bodnar Anne Donovan (Officer) 700 shares $255.01 +34.4% since trade filed Feb 10, 2023 | Discretionary sale | 700 | $255.01 | $179K | +34.4% | Feb 10, 2023 |
| Feb 9, 2023 | Bodnar Anne Donovan (Officer) 800 shares $253.87 +35.0% since trade filed Feb 10, 2023 | Discretionary sale | 800 | $253.87 | $203K | +35.0% | Feb 10, 2023 |
| Feb 9, 2023 | Bodnar Anne Donovan (Officer) 1,181 shares $250.28 +36.9% since trade filed Feb 10, 2023 | Discretionary sale | 1,181 | $250.28 | $296K | +36.9% | Feb 10, 2023 |
| Feb 9, 2023 | Bodnar Anne Donovan (Officer) 1,299 shares $257.23 +33.2% since trade filed Feb 10, 2023 | Discretionary sale | 1,299 | $257.23 | $334K | +33.2% | Feb 10, 2023 |
| Nov 21, 2022 | Gebauer Julie Jarecke (Officer) 5,000 shares $235.07 +45.8% since trade filed Nov 22, 2022 | Discretionary sale | 5,000 | $235.07 | $1.2M | +45.8% | Nov 22, 2022 |
| Nov 18, 2022 | WICKES GENE H (Officer) 8,112 shares $235.00 +45.8% since trade filed Nov 22, 2022 | Discretionary sale | 8,112 | $235.00 | $1.9M | +45.8% | Nov 22, 2022 |
| Nov 9, 2022 | ONEILL BRENDAN R (Director) 6,520 shares $225.50 +52.0% since trade filed Nov 10, 2022 | Discretionary sale | 6,520 | $225.50 | $1.5M | +52.0% | Nov 10, 2022 |
| Nov 1, 2022 | Gebauer Julie Jarecke (Officer) 1,400 shares $219.07 +56.4% since trade filed Nov 2, 2022 | Discretionary sale | 1,400 | $219.07 | $307K | +56.4% | Nov 2, 2022 |
| Oct 31, 2022 | Bodnar Anne Donovan (Officer) 102 shares $218.77 +56.7% since trade filed Nov 2, 2022 | Discretionary sale | 102 | $218.77 | $22K | +56.7% | Nov 2, 2022 |
| Oct 31, 2022 | Bodnar Anne Donovan (Officer) 1,898 shares $218.32 +57.0% since trade filed Nov 2, 2022 | Discretionary sale | 1,898 | $218.32 | $414K | +57.0% | Nov 2, 2022 |
| Oct 4, 2022 | Gebauer Julie Jarecke (Officer) 1,400 shares $210.00 +63.2% since trade filed Oct 5, 2022 | Discretionary sale | 1,400 | $210.00 | $294K | +63.2% | Oct 5, 2022 |
| Sep 7, 2022 | WICKES GENE H (Officer) 1,712 shares $208.65 +64.3% since trade filed Sep 9, 2022 | Discretionary sale | 1,712 | $208.65 | $357K | +64.3% | Sep 9, 2022 |
| Sep 7, 2022 | WICKES GENE H (Officer) 1,975 shares $209.86 +63.3% since trade filed Sep 9, 2022 | Discretionary sale | 1,975 | $209.86 | $414K | +63.3% | Sep 9, 2022 |
| Sep 7, 2022 | WICKES GENE H (Officer) 2,629 shares $205.88 +66.5% since trade filed Sep 9, 2022 | Discretionary sale | 2,629 | $205.88 | $541K | +66.5% | Sep 9, 2022 |
| Sep 7, 2022 | WICKES GENE H (Officer) 3,477 shares $206.61 +65.9% since trade filed Sep 9, 2022 | Discretionary sale | 3,477 | $206.61 | $718K | +65.9% | Sep 9, 2022 |
| Sep 7, 2022 | WICKES GENE H (Officer) 4,132 shares $207.52 +65.1% since trade filed Sep 9, 2022 | Discretionary sale | 4,132 | $207.52 | $857K | +65.1% | Sep 9, 2022 |
| Sep 7, 2022 | Krasner Andrew Jay (CFO) 1,030 shares $210.26 +63.0% since trade filed Sep 9, 2022 | Discretionary sale | 1,030 | $210.26 | $217K | +63.0% | Sep 9, 2022 |
| Sep 2, 2022 | Gebauer Julie Jarecke (Officer) 1,400 shares $210.00 +63.2% since trade filed Sep 6, 2022 | Discretionary sale | 1,400 | $210.00 | $294K | +63.2% | Sep 6, 2022 |
| Aug 26, 2022 | WICKES GENE H (Officer) 10K shares $209.47 +63.6% since trade filed Aug 30, 2022 | Discretionary sale | 10K | $209.47 | $2.1M | +63.6% | Aug 30, 2022 |
| Aug 18, 2022 | WICKES GENE H (Officer) 22K shares $220.00 +55.8% since trade filed Aug 22, 2022 | Discretionary sale | 22K | $220.00 | $4.9M | +55.8% | Aug 22, 2022 |
| Aug 17, 2022 | WICKES GENE H (Officer) 398 shares $220.00 +55.8% since trade filed Aug 18, 2022 | Discretionary sale | 398 | $220.00 | $88K | +55.8% | Aug 18, 2022 |
| Aug 16, 2022 | WICKES GENE H (Officer) 1,100 shares $220.02 +55.8% since trade filed Aug 18, 2022 | Discretionary sale | 1,100 | $220.02 | $242K | +55.8% | Aug 18, 2022 |
| Aug 4, 2022 | Gebauer Julie Jarecke (Officer) 1,400 shares $210.01 +63.2% since trade filed Aug 5, 2022 | Discretionary sale | 1,400 | $210.01 | $294K | +63.2% | Aug 5, 2022 |
| Jun 1, 2022 | Gebauer Julie Jarecke (Officer) 1,400 shares $210.67 +62.7% since trade filed Jun 2, 2022 | Discretionary sale | 1,400 | $210.67 | $295K | +62.7% | Jun 2, 2022 |
| May 2, 2022 | Gebauer Julie Jarecke (Officer) 400 shares $214.85 +59.5% since trade filed May 3, 2022 | Discretionary sale | 400 | $214.85 | $86K | +59.5% | May 3, 2022 |
| May 2, 2022 | Gebauer Julie Jarecke (Officer) 1,000 shares $213.82 +60.3% since trade filed May 3, 2022 | Discretionary sale | 1,000 | $213.82 | $214K | +60.3% | May 3, 2022 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.