Jasek Glen G. 4

What Happened

• Glen G. Jasek, Senior Vice President of Williams Companies (WMB), exercised stock options to acquire a total of 2,500 shares on 2026-05-15 and sold those shares in open-market transactions the same day. He exercised 836 shares at $28.15 (cost $23,533) and 1,664 shares at $29.09 (cost $48,406), for a combined exercise cost of $71,939. He sold 836 shares at $78.13 for $65,317 and 1,664 shares at $78.17 for $130,067, for combined sale proceeds of $195,384. Net cash proceeds (gross sale proceeds minus exercise cost) were approximately $123,445. These transactions are recorded as option exercises (code M) followed by open-market sales (code S).

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (timely).
• Exercises: 836 @ $28.15 (cost $23,533); 1,664 @ $29.09 (cost $48,406) — total 2,500 shares, $71,939 total cost.
• Sales: 836 @ $78.13 ($65,317); 1,664 @ $78.17 ($130,067) — total 2,500 shares, $195,384 total proceeds.
• Net proceeds ≈ $123,445 (gross proceeds minus exercise cost).
• Shares owned after transaction: not specified in the filing.
• Footnote F1: indicates the reported share purchases reflect conversion of derivative securities into common stock (i.e., exercised options converted to shares).
• No 10b5-1 plan, tax-withholding, or gift notation disclosed in the filing.

Context

• This appears to be a same-day exercise-and-sell (cashless-style) transaction: options were exercised and the resulting shares were promptly sold in the open market. Such transactions are often done to cover option exercise costs and taxes rather than as a directional market bet. The filing is timely; no additional trading plan or insider intent is provided.