Larsen Larry C 4

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.