Williams Companies (WMB) SVP sells 2,898 shares in open-market trade

Rhea-AI Filing Summary

Williams Companies Senior Vice President Fazel Payvand sold shares in an open-market transaction. On March 13, 2026, he sold 2,898 shares of Williams Companies common stock at an average price of $73.15 per share. After this sale, he directly owned 31,766 shares, so the transaction reduced his holdings by a relatively small portion.

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^*

Fazel Payvand

(Last) (First) (Middle)

ONE WILLIAMS CENTER

(Street)

TULSA OK 74172

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/13/2026	03/13/2026	S		2,898	D	$73.15	31,766	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Cheryl L. Mahon, Attorney-in-fact	03/17/2026
	** 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.

FAQ

What insider transaction did WILLIAMS COMPANIES (WMB) report for Fazel Payvand?

Williams Companies reported that Senior Vice President Fazel Payvand sold 2,898 shares of common stock. The sale was an open-market transaction at an average price of $73.15 per share, and it was reported on a Form 4 insider filing.

How many WMB shares did Fazel Payvand sell and at what price?

Fazel Payvand sold 2,898 Williams Companies common shares at an average price of $73.15. This was an open-market sale reported as code “S,” indicating a standard sale transaction rather than an option exercise or tax withholding event.

What are Fazel Payvand’s WMB holdings after this Form 4 sale?

After the reported sale, Fazel Payvand directly held 31,766 shares of Williams Companies common stock. This means he retained a substantial continuing stake in the company following the 2,898-share open-market sale disclosed in the Form 4 filing.

What does transaction code “S” mean in the WMB Form 4 for Fazel Payvand?

Transaction code “S” in the Form 4 indicates an open-market or private sale of common stock. For Fazel Payvand, it signifies that his 2,898-share transaction in Williams Companies stock was a straightforward sale, not related to option exercises or gifts.

Did Fazel Payvand exercise any options in this WMB Form 4 filing?

No, the filing shows only a non-derivative transaction in common stock, coded as an open-market sale. The derivative section is empty, indicating there were no reported option exercises, conversions, or other derivative transactions for Fazel Payvand in this Form 4.