Teply Chad A. 4
4 · WILLIAMS COMPANIES, INC. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Williams (WMB) SVP Chad Teply Receives 12,698 RSU Award
What Happened Chad A. Teply, Senior Vice President of Williams Companies (WMB), was granted 12,698 restricted stock units (RSUs) on February 18, 2026. The award was recorded as a derivative acquisition at $0.00 (no cash paid). Footnotes indicate this represents an adjustment to a 2023 performance-based RSU grant due to performance above target.
Key Details
- Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20). Filing appears timely (within the standard two-business-day window).
- Transaction type/code: Grant/Award (A), 12,698 RSUs, acquisition price $0.00.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote F1: Vesting subject to grant agreement and Compensation & Management Development Committee certification; metrics are Return on Capital Employed (50%) and Available Funds From Operations per share (50%), with relative TSR as a modifier (±25%); final payout can range from 0% to 200% of the awarded units.
- Footnote F2: These units reflect an upward adjustment to the 2023 performance-based RSU grant due to performance greater than target.
Context This is a compensation award (performance-based RSUs), not an open-market purchase or sale. RSUs are derivative awards that convert to shares only if vesting and performance conditions are met, so they do not necessarily indicate immediate insider buying or selling intent. The award’s final size will depend on committee certification and the specified performance metrics.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-18+12,698→ 34,478 totalExercise: $0.00From: 2024-02-23Exp: 2024-02-23→ Common Stock (12,698 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.