WMB HR chief awarded 11,791 performance RSUs

WILLIAMS COMPANIES, INC. senior vice president and chief human resources officer Debbie L. Pickle reported an acquisition of 11,791 restricted stock units.

Rhea-AI Filing Summary

WILLIAMS COMPANIES, INC. senior vice president and chief human resources officer Debbie L. Pickle reported an acquisition of 11,791 restricted stock units. These units relate to a 2023 performance-based RSU grant, with the adjustment driven by performance greater than target and a potential payout range from 0% to 200%.

Insider Trade Summary

Grant/Award: 11,791 shares

Grant/Award 1 txn

Insider PICKLE DEBBIE L.

Role SVP & Chief HR Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	11,791	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 32,015 contracts (Direct)

Footnotes (2)

1. F1. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met applicable performance requirements. Return on capital employed and available funds from operations per share are each weighted at 50 percent and are measured against predetermined targets. Additionally, relative total shareholder return is used as a performance modifier potentially increasing or decreasing the calculated result by up to 25%. The final potential payout will range from 0 percent to 200 percent of the above reported number of units.
2. F2. Represents an adjustment to the restricted stock units awarded pursuant to the 2023 performance-based RSU grant agreement resulting from performance greater than target.

FAQ

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What insider transaction did WMB executive Debbie L. Pickle report on this Form 4?

Debbie L. Pickle reported acquiring 11,791 restricted stock units in Williams Companies. The units reflect an adjustment to a 2023 performance-based RSU grant, awarded for performance greater than target under the company’s executive compensation program.

How many Williams Companies (WMB) restricted stock units does Debbie L. Pickle hold after this transaction?

After this transaction, Debbie L. Pickle directly holds 32,015 restricted stock units. This total reflects the addition of 11,791 performance-based units tied to the 2023 grant, which were adjusted upward because company performance exceeded the target level.

What performance metrics affect Debbie L. Pickle’s WMB restricted stock unit payout?

The payout depends on return on capital employed and available funds from operations per share, each weighted 50%. Relative total shareholder return acts as a performance modifier, potentially increasing or decreasing the calculated result by up to 25% against predetermined targets.

What is the potential payout range for Debbie L. Pickle’s WMB performance-based RSUs?

The final potential payout for these performance-based restricted stock units can range from 0% to 200% of the 11,791 reported units. This outcome is determined by how Williams Companies performs against the specified financial and relative total shareholder return targets.

Are Debbie L. Pickle’s reported WMB restricted stock units held directly or indirectly?

The 11,791 restricted stock units reported on this Form 4 are held directly by Debbie L. Pickle. The filing classifies the ownership type as direct, with no footnotes indicating that the units are held through another entity or trust.

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Accepted by SEC EDGAR 02/20/2026 - 10:58 AM EST Learn about SEC filing dates

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^*

PICKLE DEBBIE L.

(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)
	SVP & Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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

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(1)	$0	02/18/2026		A		11,791(2)		02/23/2026	02/23/2026	Common Stock	11,791	$0	32,015	D

Explanation of Responses:

1. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met applicable performance requirements. Return on capital employed and available funds from operations per share are each weighted at 50 percent and are measured against predetermined targets. Additionally, relative total shareholder return is used as a performance modifier potentially increasing or decreasing the calculated result by up to 25%. The final potential payout will range from 0 percent to 200 percent of the above reported number of units.

2. Represents an adjustment to the restricted stock units awarded pursuant to the 2023 performance-based RSU grant agreement resulting from performance greater than target.

Remarks:

	Cheryl L. Mahon, Attorney-in-fact	02/20/2026
	** 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.