Rinke Todd J. 4

What Happened Todd J. Rinke, Senior Vice President of Williams Companies (WMB), sold 7,364 shares in an open-market transaction on March 11, 2026. The trades were executed at prices ranging from $74.39 to $74.40, with a weighted average sale price of $74.39, producing total proceeds of approximately $547,808. This was a sale (not a purchase or option exercise), which is often routine and does not by itself signal a change in company outlook.

Key Details

• Transaction date: 2026-03-11 (reported on 2026-03-12)
• Price: executed across multiple trades at $74.39–$74.40; weighted average $74.39
• Shares sold: 7,364; proceeds ≈ $547,808
• Shares owned after transaction: not specified in the provided filing
• Footnote: F1 — trade executed in multiple trades; reported price is weighted average and the reporting person will provide full trade-by-trade details on request
• Timeliness: Filing appears timely (transaction dated 3/11/2026, Form 4 filed 3/12/2026)

Context This was an open-market sale by a company officer. Sales by insiders can be for many personal reasons (diversification, liquidity, tax planning) and are more common than purchases; they should be viewed as routine unless part of a pattern or tied to other material events. No 10b5‑1 plan, option exercise, gift, or tax-withholding note was reported in this filing.