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WILLIAMS COMPANIES, INC.·4

Feb 20, 10:58 AM ET

PICKLE DEBBIE L. 4

Research Summary

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Williams (WMB) SVP Debbie L. Pickle Receives 11,791 RSUs

What Happened
Debbie L. Pickle, Senior Vice President and Chief Human Resources Officer of Williams Companies (WMB), was granted 11,791 restricted stock units (RSUs) on 2026-02-18. The award is reported as a derivative acquisition at $0.00 (no cash purchase). These are performance-based units; the final number of shares delivered at vesting can vary based on performance metrics.

Key Details

  • Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely within required reporting window).
  • Award reported: 11,791 RSUs; reported acquisition price $0.00 (derivative grant).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote highlights:
    • F1: Vesting and payout are subject to Compensation & Management Development Committee certification; metrics are 50% return on capital employed and 50% available funds from operations per share, with relative total shareholder return as a modifier up to ±25%. Final payout can range from 0% to 200% of the reported units.
    • F2: These units reflect an upward adjustment to a 2023 performance-based RSU grant due to performance above target.

Context
This was an award (compensation), not an open-market purchase or sale. Performance-based RSUs are common executive compensation; they do not represent an immediate cash transaction and the actual shares received at vesting will depend on future performance and committee certification.