Rinke Todd J. 4

4 · WILLIAMS COMPANIES, INC. · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

WILLIAMS (WMB) SVP Todd Rinke Receives 2,467 RSUs (Award)

What Happened

Todd J. Rinke, Senior Vice President of Williams Companies (WMB), was granted 2,467 restricted stock units (RSUs) on 2026-02-18. The reported acquisition price is $0.00 (this is an award/derivative grant, not an open‑market purchase or sale).
The filing classifies the transaction as a derivative award; the units are subject to vesting and performance conditions and are not immediate share purchases.

Key Details

Transaction date: 2026-02-18; Filing date: 2026-02-20 (filing appears timely).
Amount: 2,467 RSUs; reported price $0.00 (award).
Shares owned after transaction: not specified in the provided excerpt of the Form 4.
Footnote F1: Vesting/payment is conditioned on certification by the Compensation & Management Development Committee. Performance metrics: return on capital employed and available funds from operations (AFFO) per share, each weighted 50%; relative total shareholder return (TSR) acts as a modifier +/- up to 25%. Final payout may range from 0% to 200% of the reported units.
Footnote F2: These units reflect an upward adjustment to the 2023 performance‑based RSU award due to performance above target.

Context

This is a standard performance‑based equity compensation award (not a sale or market purchase). RSUs are a derivative right to receive shares if/when performance and vesting conditions are met; final share count and value depend on later certification and performance outcomes.
Such awards are compensation for executives and do not by themselves indicate insider buying or selling intent.

Form 4

Period: 2026-02-18

Senior Vice President

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-02-18+2,467→ 6,698 total
Exercise: $0.00From: 2026-02-23Exp: 2026-02-23→ Common Stock (2,467 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 from 0 percent to 200 percent of the above reported 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.

Signature

Marium Hannon, Attorney-In-Fact|2026-02-20

1 file