Wilson Terrance Lane 4

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.