What stock units related to Williams Companies (WMB) are mentioned in the Form 4 footnote?

The footnote mentions 2,738 stock units for the 2026 annual grant and 1,080 dividend equivalents on stock units. These instruments are noted as exempt from Section 16 under Rule 16a-11, indicating they follow specific regulatory treatment separate from common shares.

Director at Williams Companies (NYSE: WMB) awarded 3,818 shares

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ROBESON ROSE M reported acquisition or exercise transactions in this Form 4 filing.

Williams Companies director Rose M. Robeson received a grant of 3,818 shares of common stock on April 28, 2026. The filing classifies this as a grant or award, not an open-market purchase, at a reported value of $73.04 per share.

After this award, Robeson directly holds 37,852 shares of Williams Companies common stock. A footnote also notes 2,738 stock units for the 2026 annual grant and 1,080 dividend equivalents on stock units, which are exempt from Section 16 under Rule 16a-11.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ROBESON ROSE M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,818	$73.04	$279K

Holdings After Transaction: Common Stock — 37,852 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 3,818 shares Grant price: $73.04 per share Total shares after grant: 37,852 shares +2 more

5 metrics

Shares granted 3,818 shares Common stock grant on April 28, 2026

Grant price $73.04 per share Recorded transaction price for the grant

Total shares after grant 37,852 shares Direct holdings following the reported transaction

2026 annual grant stock units 2,738 units Stock units for 2026 annual grant noted in footnote

Dividend equivalent units 1,080 units Dividend equivalents on stock units, exempt under Rule 16a-11

Key Terms

stock units, dividend equivalents, Section 16, Rule 16a-11

4 terms

stock units financial

"Includes 2,738 stock units for 2026 annual grant and 1,080 dividend equivalents on stock units"

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

dividend equivalents financial

"Includes 2,738 stock units for 2026 annual grant and 1,080 dividend equivalents on stock units"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Section 16 regulatory

"which are exempt from Section 16 pursuant to Rule 16a-11"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Rule 16a-11 regulatory

"which are exempt from Section 16 pursuant to Rule 16a-11"

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 02:46 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ROBESON ROSE M

(Last)

(First)

(Middle)

ONE WILLIAMS CENTER

(Street)

TULSA

OKLAHOMA

74172

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WILLIAMS COMPANIES, INC. [ WMB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/28/2026	04/28/2026	A		3,818⁽¹⁾	A	$73.04	37,852	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes 2,738 stock units for 2026 annual grant and 1,080 dividend equivalents on stock units, which are exempt from Section 16 pursuant to Rule 16a-11.

Remarks:

	Marium Hannon, Attorney-In-Fact	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Rose M. Robeson report in this Williams Companies (WMB) Form 4?

Rose M. Robeson reported receiving a grant of 3,818 Williams Companies common shares on April 28, 2026. The transaction is classified as a grant or award, not an open-market purchase, and reflects routine equity-based compensation for a board director.

At what value was the Williams Companies (WMB) stock grant to Rose M. Robeson recorded?

The 3,818-share grant to Rose M. Robeson was recorded at $73.04 per share. This figure represents the transaction price per share disclosed in the filing, providing an implied valuation for the equity award on the grant date.

How many Williams Companies (WMB) shares does Rose M. Robeson hold after this grant?

Following the 3,818-share grant, Rose M. Robeson directly holds 37,852 Williams Companies common shares. This total reflects her direct ownership after the reported transaction and helps investors gauge the overall scale of her equity stake.

Is Rose M. Robeson’s Williams Companies (WMB) transaction an open-market buy or a compensation award?

The filing describes Rose M. Robeson’s 3,818-share transaction as a grant or award acquisition. That means it is compensation-related rather than an open-market stock purchase, reflecting equity granted in her capacity as a Williams Companies director.