Wilson Terrance Lane 4

What Happened Terrance Lane Wilson, SVP & General Counsel of Williams Companies (WMB), was granted 16,325 restricted stock units (RSUs) on February 18, 2026. The grant is reported as a derivative award at $0.00 per unit (no cash exchanged at grant). This transaction is an award/vesting grant (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
• Award: 16,325 performance-based RSUs, reported at $0.00 (derivative grant).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote F1: Vesting and payout depend on Compensation & Management Development Committee certification and performance metrics — return on capital employed and available funds from operations per share (each 50% weight). Relative total shareholder return (TSR) acts as a modifier up to ±25%. Final payout range: 0%–200% of awarded units.
• Footnote F2: These units represent an upward adjustment to a 2023 performance-based RSU grant due to performance above target.
• No tax-withholding, sale, or 10b5-1 trading plan noted in the excerpt.

Context These are performance-based RSUs (a derivative award) that may convert to shares only if/when vesting conditions are met; they do not represent an immediate market purchase or sale. Such grants are standard compensation practice tied to company performance metrics and adjusted here because performance exceeded prior targets — not a direct buy/sell signal by the insider.