Wilson Terrance Lane 4

What Happened

• Terrance Lane, Senior Vice President & General Counsel of Williams Companies (WMB), sold 2,000 shares in an open-market/private sale on April 1, 2026. The shares were sold at $71.75 per share for a total transaction value of $143,500. This was a sale (not a purchase) and is typically considered routine insider selling.

Key Details

• Transaction date and price: 2026-04-01, 2,000 shares at $71.75 each.
• Total proceeds: $143,500.
• Shares owned after transaction: Not reported on the Form 4.
• Footnote: The sale was made pursuant to a 10b5-1 trading plan entered into on September 10, 2025.
• Filing timeliness: Form 4 was filed 2026-04-02 (next business day); no late filing indicated.

Context

• A 10b5-1 plan allows insiders to sell shares on a preset schedule and is commonly used to avoid timing concerns; such sales often reflect planned portfolio management rather than a new view on the company. Sales provide less signal about insider confidence than purchases.