Rinke Todd J. 4

What Happened Todd J. Rinke, Senior Vice President of Williams Companies (WMB), was granted equity awards on 2026-02-19 totaling 20,214 restricted stock units (RSUs). The grant consists of 10,392 time‑based RSUs valued at $72.17 each ($749,991) and 9,822 performance‑based/derivative RSUs valued at $72.17 each ($708,854), for a combined grant value of $1,458,845. These are awards/grants (compensation), not open‑market purchases or sales.

Key Details

• Transaction date: 2026-02-19; filing date: 2026-02-23 (filing appears timely).
• Price used for value calculation: $72.17 per share.
• Components: 10,392 time‑based RSUs (Footnote F1); 9,822 performance‑based RSUs/derivative (Footnote F2).
• Total shares granted: 20,214; total reported value: $1,458,845.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnote highlights: F1 — time‑based RSUs convert one‑for‑one into common stock; F2 — performance RSUs vest only if the Compensation & Management Development Committee certifies three‑year performance measures and payout can range from 0% to 200% of the awarded units.

Context These awards are standard long‑term compensation grants intended for retention and performance alignment. Time‑based RSUs typically vest into common shares per schedule; performance RSUs depend on multi‑year metric certification and may pay out at a higher, lower, or zero amount based on results. Because these are grants (not sales), they reflect compensation policy rather than immediate insider buying or selling.