Jasek Glen G. 4
Research Summary
AI-generated summary
Williams (WMB) SVP Glen G. Jasek Receives Stock Awards
What Happened
- Glen G. Jasek, Senior Vice President of Williams Companies (WMB), received equity awards on 2026-03-09. He was granted 5,637 time‑based restricted stock units (RSUs) valued at $73.18 each (total ≈ $412,516) and 5,327 performance‑based RSUs recorded at $0.00 (derivative/contingent award).
- These were awards (transaction code A) as part of compensation, not open‑market purchases or sales.
Key Details
- Transaction dates and prices: 2026-03-09 — 5,637 RSUs @ $73.18 (acquired, $412,516); 5,327 RSUs @ $0.00 (derivative, contingent).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = time‑based RSUs convert one‑for‑one into common stock upon vesting. F2 = performance RSUs vest only if Compensation Committee certifies achievement of three‑year performance metrics; payout ranges from 0% to 200% of awarded units.
- Filing timeliness: Reported on 2026-03-11 for a 2026-03-09 transaction — appears to have been filed timely under Form 4 rules.
Context
- Time‑based RSUs are standard compensation that convert to shares if/when they vest; they are not immediate purchases and typically impose vesting conditions and transfer restrictions.
- Performance RSUs are contingent awards: they only convert to shares if performance targets are met (possible payout 0–200% of the award), so the 5,327 units may yield more, fewer, or no shares depending on results.