Williams (NYSE: WMB) SVP & General Counsel sells 2,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILLIAMS COMPANIES, INC. senior vice president and general counsel Terrance Lane Wilson reported insider activity in the company’s common stock. On May 1, 2026, he executed an open-market sale of 2,000 shares at $76.35 per share pursuant to a pre-arranged Rule 10b5-1 trading plan. After this sale, he directly holds 287,159 shares and also has an indirect holding of 100 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($152,700)
Net Sell
2 txns
Insider
Wilson Terrance Lane
Role
SVP & General Counsel
Sold
2,000 shs ($153K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $76.35 | $153K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 287,159 shares (Direct, null);
Common Stock — 100 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,000 shares
Sale price: $76.35 per share
Direct holdings after sale: 287,159 shares
+1 more
4 metrics
Shares sold
2,000 shares
Open-market sale on May 1, 2026
Sale price
$76.35 per share
Price for 2,000 shares sold
Direct holdings after sale
287,159 shares
Common stock directly owned post-transaction
Indirect holdings
100 shares
Common stock held by trust after transaction
Key Terms
Rule 10b5-1, open-market sale, indirect ownership, Form 4
4 terms
Rule 10b5-1 regulatory
"shares sold pursuant to a 10b5-1 Sales Plan entered into between Reporting Person and Broker"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type": "indirect" and nature_of_ownership": "By Trust""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WMB executive Terrance Lane Wilson report?
Terrance Lane Wilson reported an open-market sale of 2,000 shares of Williams Companies common stock. The transaction occurred on May 1, 2026, and was executed at a price of $76.35 per share under a pre-arranged Rule 10b5-1 trading plan.
Was the WMB insider sale by Terrance Lane Wilson part of a Rule 10b5-1 plan?
Yes. A footnote explains that the 2,000 Williams Companies shares were sold under a Rule 10b5-1 Sales Plan. This pre-arranged plan was entered into between Wilson and a broker on September 10, 2025, indicating the trade timing was scheduled in advance.
What roles does Terrance Lane Wilson hold at Williams Companies (WMB)?
The filing identifies Terrance Lane Wilson as senior vice president and general counsel of Williams Companies. This means he is both a senior executive and the company’s top legal officer, which is why his share transactions must be reported publicly on Form 4.