WILLIAMS COMPANIES, INC.·4

Feb 23, 3:53 PM ET

Larsen Larry C 4

4 · WILLIAMS COMPANIES, INC. · Filed Feb 23, 2026

Research Summary

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Updated

Williams (WMB) EVP/COO Larry C. Larsen Receives Stock Award

What Happened

  • Larry C. Larsen, Executive Vice President & COO of Williams Companies (WMB), received two equity awards on Feb 19, 2026. He was granted 22,516 time‑based restricted stock units (RSUs) valued at $72.17 each ($1,624,980) and 21,281 performance‑based RSUs valued at $72.17 each ($1,535,850), for a combined grant of 43,797 units worth $3,160,830. These are awards (grant/acquisition), not open‑market purchases or sales.

Key Details

  • Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-23 (filed within the typical two-business‑day window).
  • Price used for reporting: $72.17 per share for both grants.
  • Total units: 22,516 time‑based RSUs + 21,281 performance RSUs = 43,797 units; total reported value ≈ $3,160,830.
  • Shares owned after transaction: not specified in the provided filing.
  • Transaction code: A (Award/Grant). No 10b5‑1 plan or tax‑withholding sale is indicated in the provided data.

Context

  • Time‑based RSUs (F1) convert one‑for‑one into common shares when they vest. Performance RSUs (F2) vest only if the Compensation and Management Development Committee certifies that multi‑year performance targets are met; payout can range from 0% to 200% of the awarded units.
  • These awards are compensation and routine for executives; they do not by themselves signal an open‑market bullish or bearish trade by the insider.

Insider Transaction Report

Form 4
Period: 2026-02-19
Larsen Larry C
Executive Vice President & COO
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-19$72.17/sh+22,516$1,624,980100,128 total
  • Award

    Restricted Stock Units

    [F2]
    2026-02-19$72.17/sh+21,281$1,535,85021,281 total
    Exercise: $0.00From: 2029-02-19Exp: 2029-02-19Common Stock (21,281 underlying)
Footnotes (2)
  • [F1]Time-based restricted stock units convert into common stock on a one-for-one basis.
  • [F2]Performance-based restricted stock units. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures for certain financial metrics not solely tied to the market price of issuer securities. The payout will range from 0 percent to 200 percent of the awarded number of units.
Signature
Cheryl L. Mahon, Attorney-in-fact|2026-02-23

Documents

1 file
  • 4
    wk-form4_1771880009.xmlPrimary

    FORM 4