Thursday, September 28, 2017 10:15 PM ET
Insider Selling in Willis Towers Watson (WLTW) Shares Continues
An insider — Jeffrey W Ubben, Director — disposed of 304,350 shares of Willis Towers Watson having a market value of approximately $47,139,084 today, as indicated in a form 4 document filed with the SEC. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 3,039,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 3,343,350 shares and have averaged 835,838 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at Willis Towers Watson is above the 7-company peer group average. Insurance Brokers peer group saw 14 buy/sell trades during this period for an average of 2.0 transactions per company. The number of shares per buy/sell trade for Willis Towers Watson insiders was also higher. Within the peer group there were 0 shares purchased and 3,082,615 shares sold with company insiders selling 220,187 shares on average.
For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to compose and write this story.
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