Williams (NYSE: WMB) director receives 3,415-share stock grant at $73.04

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Muncrief Richard E reported acquisition or exercise transactions in this Form 4 filing.

WILLIAMS COMPANIES, INC. director Richard E. Muncrief received a grant of 3,415 shares of common stock on April 28, 2026, at a grant price reference of $73.04 per share. Following this award, he directly holds 24,783 shares. This amount includes 2,738 stock units for the 2026 annual grant and 677 dividend equivalents on stock units, which are treated as exempt from Section 16 under Rule 16a-11.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Muncrief Richard E

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,415	$73.04	$249K

Holdings After Transaction: Common Stock — 24,783 shares (Direct, null)

Footnotes (1)

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Key Figures

Stock grant size: 3,415 shares Grant price reference: $73.04 per share Total direct holdings: 24,783 shares +2 more

5 metrics

Stock grant size 3,415 shares Common stock award on April 28, 2026

Grant price reference $73.04 per share Reported transaction price for the award

Total direct holdings 24,783 shares Common shares held after the transaction

2026 annual stock units 2,738 units Stock units for 2026 annual grant included in holdings

Dividend equivalent units 677 units Dividend equivalents on stock units, exempt under Rule 16a-11

Key Terms

Section 16, Rule 16a-11, stock units, dividend equivalents, +1 more

5 terms

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

"which are exempt from Section 16 pursuant to Rule 16a-11"

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 677 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.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 02:46 PM

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^*

Muncrief Richard E

(Last)

(First)

(Middle)

ONE WILLIAMS CENTER

(Street)

TULSA

OKLAHOMA

74172

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WILLIAMS COMPANIES, INC. [ WMB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/28/2026	04/28/2026	A		3,415⁽¹⁾	A	$73.04	24,783	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes 2,738 stock units for 2026 annual grant and 677 dividend equivalents on stock units, which are exempt from Section 16 pursuant to Rule 16a-11.

Remarks:

	Cheryl L. Mahon, Attorney-in-fact	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did WMB director Richard E. Muncrief report in this Form 4 filing?

Richard E. Muncrief reported receiving a grant of 3,415 shares of Williams Companies common stock. The award was recorded at a reference price of $73.04 per share and increased his directly held position to 24,783 shares after the transaction.

How many Williams (WMB) shares does Richard E. Muncrief hold after this grant?

After this grant, Richard E. Muncrief directly holds 24,783 Williams Companies common shares. This total reflects the newly awarded 3,415 shares along with his prior holdings, giving investors a snapshot of his current direct ownership stake in the company.

What was the size and price of Richard E. Muncrief’s latest WMB stock award?

Muncrief’s latest award was 3,415 Williams Companies common shares at a reported grant price reference of $73.04 per share. This is characterized as a grant or award acquisition rather than an open-market purchase, aligning with typical director equity compensation practices.

Does Richard E. Muncrief’s WMB position include stock units and dividend equivalents?

Yes. His reported holdings include 2,738 stock units associated with the 2026 annual grant and 677 dividend equivalents on stock units. These components are described as exempt from Section 16 reporting requirements under Rule 16a-11, according to the footnote disclosure.

Was this WMB Form 4 transaction a buy or a grant for Richard E. Muncrief?

The transaction is classified as a grant or award acquisition, not an open-market buy. It is coded as an “A” transaction, described as a grant, award, or other acquisition, indicating it is part of an equity award rather than a discretionary stock market purchase.