Wilson Terrance Lane 4
Research Summary
AI-generated summary
Williams (WMB) SVP & General Counsel Terrance Lane Sells Shares
What Happened
Terrance Lane, SVP & General Counsel of Williams Companies (WMB), reported a sale of 2,000 common shares on 2026-03-02 at $75.24 per share, generating $150,480 in proceeds. The filing also shows a separate gift of 3,000 shares on 2026-02-24 to a charitable donor-advised fund (no proceeds). The sale was made under a pre-established 10b5-1 trading plan (see footnote F1).
Key Details
- Transactions: 2026-03-02 — Sale (S) of 2,000 shares @ $75.24, proceeds $150,480; 2026-02-24 — Gift (G) of 3,000 shares, $0 proceeds.
- Footnotes: F1 — sale executed pursuant to a 10b5-1 sales plan dated Sept 10, 2025; F2 — gift to a charitable donor-advised fund.
- Shares owned after transaction: Not specified in the supplied Form 4 excerpt.
- Filing date vs. transaction date: Form filed 2026-03-03 for transactions through 2026-03-02 (appears timely based on provided dates).
Context
Sales under a 10b5-1 plan are typically pre-planned and automated, and gifts to charity do not by themselves signal management sentiment about the stock. This report shows dispositions (sale and gift), not purchases or option exercises.