Williams SVP awarded RSUs and common stock

WILLIAMS COMPANIES, INC.

Rhea-AI Filing Summary

WILLIAMS COMPANIES, INC. Senior Vice President Todd J. Rinke reported equity awards that increase his direct holdings in the company. He received 9,822 restricted stock units at $72.1700 per unit, bringing his direct RSU balance to 9,822 units.

Rinke was also granted 10,392 shares of common stock at $72.1700 per share, raising his directly held common stock to 32,625 shares. Some units are time-based and convert into common stock one-for-one, while others are performance-based and can pay out between 0% and 200% of the awarded amount based on three-year financial metrics.

Insider Trade Summary

Grant/Award: 20,214 shares

Grant/Award 2 txns

Insider Rinke Todd J.

Role Senior Vice President

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	9,822	$72.17	$709K
Grant/Award	Common Stock	10,392	$72.17	$750K

Holdings After Transaction: Restricted Stock Units — 9,822 contracts (Direct); Common Stock — 32,625 shares (Direct)

Footnotes (2)

1. F1. Time-based restricted stock units convert into common stock on a one-for-one basis.
2. F2. Performance-based restricted stock units. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures for certain financial metrics not solely tied to the market price of issuer securities. The payout will range from 0 percent to 200 percent of the awarded number of units.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did WMB Senior Vice President Todd J. Rinke report on this Form 4?

Todd J. Rinke reported equity awards that increase his direct ownership in Williams Companies. He received restricted stock units and common shares as grants, reflecting part of his compensation rather than open-market buying or selling activity.

How many restricted stock units did Todd J. Rinke receive from Williams Companies (WMB)?

Todd J. Rinke received 9,822 restricted stock units at a reference value of $72.1700 per unit. Following this grant, his total directly held restricted stock units stands at 9,822, representing new equity-based compensation tied to Williams Companies.

How many Williams Companies (WMB) common shares were granted to Todd J. Rinke?

Rinke was granted 10,392 shares of Williams Companies common stock at $72.1700 per share. After this award, his directly owned common stock position increased to 32,625 shares, as disclosed in the Form 4 insider transaction report.

How do Todd J. Rinke’s Williams Companies (WMB) restricted stock units work?

Some of Rinke’s units are time-based and convert into common stock on a one-for-one basis. Others are performance-based and vest only if three-year financial performance targets are certified, with payouts ranging from 0% to 200% of the granted units.

Are Todd J. Rinke’s Williams (WMB) performance-based RSUs tied to stock price only?

No, the performance-based restricted stock units vest based on three-year financial metrics not solely tied to Williams Companies’ market price. Vesting also requires certification by the Compensation and Management Development Committee under the applicable grant agreement.

Does this WMB Form 4 show Todd J. Rinke buying or selling shares on the market?

The Form 4 shows grant or award acquisitions, not open-market purchases or sales. Transactions are coded as acquisitions of restricted stock units and common stock, reflecting compensation grants rather than discretionary trading activity by Todd J. Rinke.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/23/2026 - 03:55 PM 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^*

Rinke Todd J.

(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)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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
Common Stock(1)	02/19/2026	02/19/2026	A		10,392	A	$72.17	32,625	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(2)	$0	02/19/2026		A	V	9,822		02/19/2029	02/19/2029	Common Stock	9,822	$72.17	9,822	D

Explanation of Responses:

1. Time-based restricted stock units convert into common stock on a one-for-one basis.

2. Performance-based restricted stock units. Vesting is subject to applicable grant agreement and Compensation and Management Development Committee certification that the Company has met the applicable three year performance measures for certain financial metrics not solely tied to the market price of issuer securities. The payout will range from 0 percent to 200 percent of the awarded number of units.

Remarks:

	Marium Hannon, Attorney-In-Fact	02/23/2026
	** 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.