WILLIAMS COMPANIES, INC. SEC Filings

Williams Companies, Inc. director Helms Lloyd W Jr submitted an initial Form 3 reporting his ownership in the company. The Form 3 lists no shares of Williams Companies common stock or related derivative securities beneficially owned as of the reported date, indicating a zero reported equity position.

The Williams Companies, Inc. entered into a joint venture financing agreement for its five behind-the-meter Power Innovation projects with funds managed by Blackstone Credit & Insurance, in partnership with Apollo and KKR. Blackstone and partners will provide $5.34 billion of committed capital in exchange for a 49% noncontrolling equity interest in these projects, which include Socrates, Apollo, Aquila, Socrates the Younger and Neo.

The commitment consists of $4.4 billion, representing 49% of expected total growth capital expenditures, plus approximately $0.9 billion of additional consideration to Williams. Williams retains a 51% interest, commercial and operational control, and receives cash distributions aligned with its ownership share. Distributions above Blackstone’s targeted return reduce Blackstone’s investment balance, and Williams holds a buyout right between years 7 and 14 at Blackstone’s outstanding investment balance.

Management states that the structure supplies efficient equity capital, reduces Williams’ capital exposure and limits corporate debt, with the Blackstone investment reported as a noncontrolling interest. Williams continues to expect 2026 Adjusted EBITDA in the upper half of its $8.05–$8.35 billion range, growth capex of $7–$7.6 billion, maintenance capex of $850–$950 million, and an updated 2026 leverage midpoint of approximately 3.6x.

WILLIAMS COMPANIES, INC. senior executive Terrance Lane Wilson reported an open-market sale of 2,000 shares of Common Stock at $74.16 per share.

The sale was executed under a pre-arranged Rule 10b5-1 Sales Plan. After the transaction, he held 283,159 shares directly and 100 shares indirectly through a trust, reflecting a small, planned adjustment to his overall position.

Williams Companies has appointed Lloyd W. “Billy” Helms, Jr. and Robb E. Turner as independent directors, effective July 1, 2026, and expanded its Board from ten to twelve members. Both are deemed independent and financially literate under NYSE and SEC standards.

Helms brings more than 40 years of oil and gas operational and leadership experience, most recently as president and chief operating officer at EOG Resources. Turner offers over 35 years in energy operations, corporate finance and energy-focused private equity investing, including co-founding ArcLight Capital Partners and leading The Madava Group and Revenant Energy.

As non-employee directors, each will receive a $130,000 annual cash retainer and a $200,000 annual equity retainer in restricted stock units, with 2026 equity awards subject to a mandatory one-year deferral from grant. With these additions, Williams’ Board now has 12 members, 11 of whom are independent.

The filing reports a Form 144 notice for securities related to WMB. It lists a restricted stock vesting event of 2,000 shares dated 02/23/2025 described as compensation, and three proposed sales of 2,000 shares each on 04/01/2026, 05/01/2026 and 06/01/2026 with shown gross proceeds of $143,500, $152,700 and $142,600.

WILLIAMS COMPANIES, INC. EVP & CFO John Dean Porter reported an exercise-and-hold transaction in company stock. He exercised 1,899 shares of employee stock options at $24.98 per share and used 1,176 shares of common stock, valued at $77.62 per share, to cover the option cost and related taxes. The shares were returned to the issuer rather than sold on the open market, and he now directly holds about 198,466 common shares.

Williams Companies SVP & General Counsel Terrance Lane Wilson reported an open-market sale of 2,000 shares of common stock at $71.30 per share. The transaction was executed under a Rule 10b5-1 Sales Plan entered into with a broker on September 10, 2025.

Following the sale, he holds 285,159 Williams Companies shares directly. A separate entry shows indirect ownership of 100 shares held by a trust. Together, these figures indicate he retains a substantial equity position in the company after this planned sale.

An insider submitted a Rule 144 notice to sell restricted common stock totaling 2,000 shares originally issued for compensation on 02/23/2025. The excerpt lists three proposed sale dates with 2,000 shares each and dollar figures reported for each transaction date.

The Williams Companies, Inc., together with subsidiaries Northwest Pipeline and Transcontinental Gas Pipe Line Company, entered into a new Second Amended and Restated Credit Agreement providing a shared revolving credit facility of up to $3.75 billion, with total commitments allowed up to $4.25 billion including an accordion feature.

The agreement runs for five years from May 19, 2026, includes up to $200 million of same-day swingline borrowings, and ties interest to ABR and Term SOFR benchmarks plus an applicable margin based on each borrower’s senior unsecured debt ratings. Key financial covenants require the Company to keep its debt to EBITDA ratio at or below 5.00x, or 5.50x for a limited period after acquisitions of at least $25 million, and require Transco and Northwest to maintain debt-to-capitalization ratios at or below 65%.

On the same date, the borrowers also entered a separate 364-Day Credit Agreement for up to $1.0 billion, with maximum commitments of $1.15 billion, similar interest-rate mechanics, and the option to convert revolving loans at maturity into term loans maturing one year later. Both agreements include customary covenants and events of default that can lead lenders to terminate commitments and accelerate repayment if triggered.