{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-058337","form_type":"8-K","ticker":"WTW","cik":"0001140536","company_name":"WILLIS TOWERS WATSON PLC","filed_at":"2022-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.520673+00:00","generated_at":"2026-06-27T03:26:15.583143+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Willis Towers Watson revamps 2022 incentive plans and CEO Carl Hess's severance","bullets":["2022 STI program: 66.7% enterprise financial (adjusted net revenue & adjusted operating income), 33.3% individual; payout 50%-200% of target.","2022 LTI program: 75% performance-based PSUs (50% adj. operating margin, 30% adj. net revenue, 20% adj. EPS) and 25% time-based RSUs.","Severance amendments for CEO Hess: on involuntary termination (non-CIC), 2x base salary + target STI, paid monthly over 24 months.","On CIC qualifying termination, Hess gets lump sum of 36 months base salary + 3x target STI + pro rata annual STI.","Former CEO John Haley to receive additional $202,410 from 2021 STI award due to actual results exceeding forecast."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-058337","json":"https://secwatch.observer/filing/0001193125-22-058337.json","markdown":"https://secwatch.observer/filing/0001193125-22-058337.md","text":"https://secwatch.observer/filing/0001193125-22-058337.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1140536/000119312522058337/0001193125-22-058337-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1140536/000119312522058337/d452103d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T03:26:15.583143+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}