STOCK TITAN

Williams (NYSE: WMB) CFO logs RSU vesting and tax-share withholdings

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Williams Companies EVP & CFO John Dean Porter reported equity award activity involving performance-based and time-based restricted stock units. On 2026-02-23, 64,029 restricted stock units were exercised or converted into an equal number of shares of common stock at a transaction price of $72.98 per share, reflecting the vesting of a 2023 performance-based RSU grant that was certified above target.

To cover associated tax obligations, 28,139 shares from that vesting and 17,430 additional shares tied to a 2023 time-based RSU grant were withheld by the company as tax-withholding dispositions. After these transactions, Porter directly owned 246,567.06 shares of Williams Companies common stock.

Positive

  • None.

Negative

  • None.
Insider Porter John Dean
Role EVP & CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 64,029 $0.00 --
Exercise Common Stock 64,029 $72.98 $4.67M
Tax Withholding Common Stock 28,139 $72.98 $2.05M
Tax Withholding Common Stock 17,430 $72.98 $1.27M
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 292,136.06 shares (Direct)
Footnotes (1)
  1. Shares of common stock vesting pursuant to a 2023 performance-based RSU grant agreement between the Reporting Person and the Issuer and including an adjustment for performance at greater than target as certified by the Issuer's Compensation and Management Development Committee. A portion of the shares of common stock in footnote (1) were withheld by the Issuer to satisfy tax withholdings of the Reporting Person. Shares of common stock withheld by Issuer to satisfy tax withholdings of the Reporting Person in connection with a 2023 grant of time-based restricted stock units previously reported on an as-owned basis in Table I. 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.
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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*
Porter John Dean

(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)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
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(1) 02/23/2026 02/23/2026 M 64,029 A $72.98 292,136.06 D
Common Stock 02/23/2026 02/23/2026 F 28,139(2) D $72.98 263,997.06 D
Common Stock 02/23/2026 02/23/2026 F 17,430(3) D $72.98 246,567.06 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
Restricted Stock Units(4) $0 02/23/2026 M V 64,029 02/23/2026 02/23/2026 Common Stock 64,029 $0 0 D
Explanation of Responses:
1. Shares of common stock vesting pursuant to a 2023 performance-based RSU grant agreement between the Reporting Person and the Issuer and including an adjustment for performance at greater than target as certified by the Issuer's Compensation and Management Development Committee.
2. A portion of the shares of common stock in footnote (1) were withheld by the Issuer to satisfy tax withholdings of the Reporting Person.
3. Shares of common stock withheld by Issuer to satisfy tax withholdings of the Reporting Person in connection with a 2023 grant of time-based restricted stock units previously reported on an as-owned basis in Table I.
4. 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.
Remarks:
Cheryl L. Mahon, Attorney-in-fact 02/25/2026
** 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 did WMB EVP & CFO John Dean Porter report in this Form 4?

John Dean Porter reported vesting and conversion of restricted stock units into Williams Companies common stock, along with share withholdings to cover taxes. These entries reflect equity compensation mechanics, not open-market stock purchases or sales.

How many Williams Companies (WMB) shares were acquired through RSU conversion?

Porter acquired 64,029 shares of Williams Companies common stock through the exercise or conversion of restricted stock units at a transaction price of $72.98 per share. This vesting stems from a 2023 performance-based RSU grant certified above target.

How many WMB shares were withheld for taxes in this insider filing?

A total of 45,569 Williams Companies shares were withheld to satisfy tax obligations: 28,139 shares from the performance-based RSU vesting and 17,430 shares related to a 2023 time-based RSU grant previously reported on an as-owned basis.

What is John Dean Porter’s Williams Companies share ownership after these transactions?

After the reported vesting, conversion, and tax-withholding dispositions, John Dean Porter directly owned 246,567.06 shares of Williams Companies common stock. This figure reflects his updated direct holdings following all Form 4 transactions on February 23, 2026.

Were the reported WMB transactions open-market buys or sells?

The transactions involve RSU vesting, derivative exercises, and shares withheld for taxes, not open-market buying or selling. Codes M and F indicate derivative conversion and tax-withholding dispositions rather than discretionary trades on the open market.

What are performance-based RSUs mentioned in the WMB Form 4?

The performance-based RSUs vest only if Williams Companies meets three-year performance measures for certain financial metrics. The payout can range from 0% to 200% of the awarded units, based on Compensation and Management Development Committee certification.