Porter John Dean 4
4 · WILLIAMS COMPANIES, INC. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Williams (WMB) EVP & CFO John Porter Receives Award
What Happened Porter John Dean (EVP & CFO) was granted 23,581 restricted stock units (RSUs) reported as a derivative acquisition on Feb 18, 2026. The Form 4 records the acquisition at $0.00 (award/grant), so no cash was paid; these units are compensation, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely — within the usual 2-business-day requirement).
- Transaction type: Award/Grant (Form 4 code A); instrument: performance-based restricted stock units (derivative).
- Amount granted: 23,581 RSUs; reported price: $0.00; reported current dollar value on the form: $0 (units not settled).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: Vesting and payout depend on certification and performance metrics — return on capital employed and available funds from operations per share (50% weight each), with a relative total shareholder return modifier up to ±25%. Final payout may range from 0% to 200% of the awarded units.
- F2: These units reflect an upward adjustment to a 2023 performance-based RSU award due to performance above target.
- No sale, purchase, tax-withholding, or cashless exercise was reported in this filing.
Context This is a compensation award of performance-based RSUs, meaning the actual number of shares that eventually vest (and their cash/stock value) will depend on future performance metrics and the company’s stock price. Such grants are routine for executives and do not represent an open-market bet by the insider. The F2 note indicates this grant reflects better-than-target performance on a prior award.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-18+23,581→ 64,029 totalExercise: $0.00From: 2026-02-23Exp: 2026-02-23→ Common Stock (23,581 underlying)
Footnotes (2)
- [F1]Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met applicable performance requirements. Return on capital employed and available funds from operations per share are each weighted at 50 percent and are measured against predetermined targets. Additionally, relative total shareholder return is used as a performance modifier potentially increasing or decreasing the calculated result by up to 25%. The final potential payout will range 0 percent to 200 percent of the awarded number of units.
- [F2]Represents an adjustment to the restricted stock units awarded pursuant to the 2023 performance-based RSU grant agreement resulting from performance greater than target.