Williams (NYSE: WMB) legal chief sells stock, donates shares
Rhea-AI Filing Summary
Terrance Lane Wilson, SVP & General Counsel of WILLIAMS COMPANIES, INC., reported multiple transactions in company Common Stock on 2026-08-14. He sold 2,800 shares at $74.836 per share and 10,200 shares at $74.880 per share in open-market or private transactions. He also made bona fide gifts totaling 2,000 shares, including 1,900 shares to a charitable donor advised fund and 100 shares from a trust, reducing that trust’s holdings to zero.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 15,000 shares
Net Sell
4 txns
Insider
Wilson Terrance Lane
Role
SVP & General Counsel
Sold
13,000 shs ($973K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,800 | $74.836 | $210K |
| Sale | Common Stock | 10,200 | $74.88 | $764K |
| Gift | Common Stock F1 | 1,900 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 100 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 266,259 shares (Direct);
Common Stock — 0 shares (Indirect, By Trust)
Footnotes (1)
- F1. Reflects the gift of common stock to a charitable donor advised fund.
Key Figures
Shares sold (lot 1): 2,800 shares
Price per share (lot 1): $74.836
Shares sold (lot 2): 10,200 shares
+5 more
8 metrics
Shares sold (lot 1)
2,800 shares
Common Stock sold on 2026-08-14 at $74.836 per share
Price per share (lot 1)
$74.836
Per-share price for 2,800 Common Stock shares sold on 2026-08-14
Shares sold (lot 2)
10,200 shares
Common Stock sold on 2026-08-14 at $74.880 per share
Price per share (lot 2)
$74.880
Per-share price for 10,200 Common Stock shares sold on 2026-08-14
Gifted shares to donor advised fund
1,900 shares
Bona fide gift of Common Stock reflecting transfer to a charitable donor advised fund
Gifted shares from trust
100 shares
Bona fide gift of Common Stock by trust; trust holding after transaction was 0 shares
Total shares sold
13,000 shares
Aggregate Common Stock shares sold on 2026-08-14 per transaction summary
Total shares gifted
2,000 shares
Aggregate Common Stock shares transferred as bona fide gifts on 2026-08-14
Key Terms
bona fide gift, donor advised fund, indirect ownership
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor advised fund financial
"Reflects the gift of common stock to a charitable donor advised fund."
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
indirect ownership financial
"ownership_type "indirect" with nature_of_ownership "By Trust""
FAQ
What insider transactions did WMB executive Terrance Lane Wilson report on August 14, 2026?
Terrance Lane Wilson reported sales of 13,000 WMB shares and gifts of 2,000 shares of Williams Companies common stock on 2026-08-14, including open-market or private sales and bona fide gifts linked to a charitable donor advised fund and a trust.
What gifts of WMB stock did Terrance Lane Wilson make according to this Form 4?
He made bona fide gifts totaling 2,000 WMB shares of common stock on 2026-08-14, including 1,900 shares given to a charitable donor advised fund and 100 shares transferred from a trust, leaving that trust with zero shares.
Were Terrance Lane Wilson’s WMB transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, indicating these Williams Companies (WMB) transactions were not reported as being effected pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
