Executive equity: Williams (NYSE: WMB) SVP discloses stock and RSU stakes
Rhea-AI Filing Summary
Williams Companies, Inc. Senior Vice President Fazel Payvand filed an initial statement of beneficial ownership. The filing lists direct holdings of 29,747 shares of common stock and several grants of restricted stock units (RSUs), including blocks such as 1,833, 2,196, 3,942 and 6,403 units as of February 21, 2026.
Time-based RSUs convert into common stock on a one-for-one basis. Performance-based RSUs vest only if three-year financial performance measures are certified, with a payout range from 0% to 200% of the awarded number of units.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Fazel Payvand
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 14,374 shares (Direct);
Common Stock — 29,747 shares (Direct)
Footnotes (2)
- F1. Time-based restricted stock units convert into common stock on a one-for-one basis.
- F2. Performance-based restricted stock units. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures for certain financial metrics not solely tied to the market price of issuer securities. The payout will range from 0 percent to 200 percent of the awarded number of units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the WMB Form 3 filed by Fazel Payvand report?
The Form 3 reports Fazel Payvand’s initial beneficial ownership in Williams Companies. It shows direct holdings of common stock and multiple restricted stock unit awards, establishing a baseline of his equity position as Senior Vice President as of February 21, 2026.
What restricted stock units are reported in the WMB Form 3 for Fazel Payvand?
The Form 3 lists several restricted stock unit awards, including positions of 1,833, 2,196, 3,942 and 6,403 RSUs. These units represent deferred equity compensation that may convert into Williams common stock over time, subject to applicable vesting conditions and performance requirements.
How do time-based RSUs for Williams (WMB) convert into common stock?
Time-based restricted stock units convert into Williams common stock on a one-for-one basis. Once vesting conditions tied to service time are met, each unit becomes one share of common stock, aligning the executive’s compensation more closely with long-term shareholder value.
How are performance-based RSUs for WMB structured in this filing?
Performance-based RSUs vest only if three-year financial performance metrics are achieved and certified. The payout can range from 0% to 200% of the awarded units, depending on results, creating a direct link between Williams’ multi-year financial performance and the executive’s equity compensation.
Why is Fazel Payvand’s Form 3 important for Williams (WMB) investors?
Form 3 shows the starting equity holdings of a key Williams executive, including common stock and RSUs. It helps investors understand how much of his compensation is tied to Williams’ long-term performance through time-based and performance-based stock units reported as of February 21, 2026.