Wilson Terrance Lane 4

4 · WILLIAMS COMPANIES, INC. · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Williams (WMB) SVP Terrance Lane Receives Stock Awards $1.95M

What Happened

Terrance Lane, Senior Vice President & General Counsel of Williams Companies (WMB), was granted a total of 26,952 restricted stock units (RSUs) on 2026-02-19. The awards are reported as: 13,856 time-based RSUs valued at $72.17 each ($999,988) and 13,096 performance-based RSUs at $72.17 each ($945,138), for a combined reported value of $1,945,126.
These were awards (compensation), not open-market purchases or sales — routine grants are compensation rather than a direct bullish/bearish signal.

Key Details

Transaction date: 2026-02-19; filing date: 2026-02-23 (appears timely).
Price/value reported: $72.17 per share; totals — $999,988 (time-based) and $945,138 (performance-based); combined ~$1.95M.
Shares after transaction: Not specified in the provided filing.
Footnotes:
- F1: Time-based RSUs convert 1-for-1 into common shares upon vesting.
- F2: Performance-based RSUs vest based on the Compensation & Management Development Committee certifying achievement of three-year financial performance measures; payout may range from 0% to 200% of the awarded units.
Transaction code: A = Award/Grant (not a market purchase or sale).

Context

Time-based RSUs are standard compensation that convert to shares if the executive remains employed until vesting. Performance-based RSUs depend on multi-year company performance and may result in fewer or more shares (0–200% payout).
Because these are awards (not open-market trades), they reflect compensation policy rather than an immediate insider buy/sell signal.

Form 4

Period: 2026-02-19

SVP & General Counsel

Transactions

Award
Common Stock
[F1]
2026-02-19$72.17/sh+13,856$999,988→ 307,401 total
Award
Restricted Stock Units
[F2]
2026-02-19$72.17/sh+13,096$945,138→ 13,096 total
Exercise: $0.00From: 2029-02-19Exp: 2029-02-19→ Common Stock (13,096 underlying)

Holdings

Footnotes (2)

[F1]Time-based restricted stock units convert into common stock on a one-for-one basis.
[F2]Performance-based restricted stock units. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures for certain financial metrics not solely tied to the market price of issuer securities. The payout will range from 0 percent to 200 percent of the awarded number of units.

Signature

Cheryl L. Mahon, Attorney-in-fact|2026-02-23

1 file