Williams Companies director awarded 4,873 shares
CREEL MICHAEL A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CREEL MICHAEL A reported acquisition or exercise transactions in this Form 4 filing.
Williams Companies director Michael A. Creel reported a compensation-related stock grant and updated holdings. He received 4,873 shares of common stock as a grant or award at $73.04 per share, bringing his directly held stake to 84,658 shares.
He also reported 54,725 shares held indirectly by a trust. A related footnote states this indirect position includes 2,738 stock units from a 2026 annual grant and 2,135 dividend equivalents on stock units, which are exempt from Section 16 under Rule 16a-11. The filing reflects awards and holdings rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,873 shares
Grant/Award
2 txns
Insider
CREEL MICHAEL A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,873 | $73.04 | $356K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 84,658 shares (Direct);
Common Stock — 54,725 shares (Indirect, By Trust)
Footnotes (1)
- F1. Includes 2,738 stock units for 2026 annual grant and 2,135 dividend equivalents on stock units, which are exempt from Section 16 pursuant to Rule 16a-11.
Key Figures
Stock grant: 4,873 shares
Grant price: $73.04 per share
Direct holdings after grant: 84,658 shares
+3 more
6 metrics
Stock grant
4,873 shares
Common Stock grant or award to director Michael A. Creel
Grant price
$73.04 per share
Price assigned to 4,873-share stock grant
Direct holdings after grant
84,658 shares
Common Stock directly held by Michael A. Creel
Indirect trust holdings
54,725 shares
Common Stock held indirectly by trust
2026 annual stock units
2,738 units
Stock units for 2026 annual grant, exempt under Rule 16a-11
Dividend equivalents
2,135 units
Dividend equivalents on stock units, exempt under Rule 16a-11
Key Terms
Grant, award, or other acquisition, stock units, dividend equivalents, Section 16, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
stock units financial
"Includes 2,738 stock units for 2026 annual grant"
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
"and 2,135 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
"exempt from Section 16 pursuant to Rule 16a-11"
FAQ
What insider transaction did Michael A. Creel report at Williams Companies (WMB)?
Michael A. Creel reported receiving 4,873 shares of Williams Companies common stock as a grant or award. The shares were valued at $73.04 each, reflecting compensation rather than an open‑market purchase, and increased his directly held ownership stake in the company.
Was the Williams Companies (WMB) Form 4 transaction an open-market buy or a grant?
The Form 4 shows a grant or award of 4,873 Williams Companies shares to Michael A. Creel at $73.04 per share. This represents compensation-related stock, not an open‑market purchase or sale, and is coded as a grant, award, or other acquisition.
What indirect holdings in Williams Companies (WMB) does Michael A. Creel report?
Michael A. Creel reports 54,725 Williams Companies shares held indirectly by a trust. A footnote explains this includes 2,738 stock units from a 2026 annual grant and 2,135 dividend equivalents on stock units, which are exempt under Rule 16a-11 of Section 16.
What is the significance of the stock units and dividend equivalents in WMB’s Form 4?
The filing notes 2,738 stock units for a 2026 annual grant and 2,135 dividend equivalents on stock units connected to Michael A. Creel’s holdings. These awards are exempt from Section 16 reporting under Rule 16a-11 and represent additional compensation-linked equity exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
