Friday, October 13, 2017 10:15 PM ET
Insider at Willis Towers Watson (WLTW) Makes Significant Sale of Stock
There was a notable sale of shares of Willis Towers Watson by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Jeffrey W Ubben, Director — disposed of 287,532 shares in the company having a market value of approximately $45,066,346. 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 3,351,468 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 3,639,000 shares and have averaged 909,750 shares per transaction over this time period.
The number of insider buy/sell trades at Willis Towers Watson is higher than the 7 peer company average over the last 90-day period. The Insurance Brokers peer group saw 16 buy/sell trades during this period for an average of 2.3 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 3,395,083 shares sold with company insiders disposing of 212,193 shares on average.
The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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