Williams Companies (WMB) legal chief sells 2,000 shares in 10b5-1 trade

Rhea-AI Filing Summary

Williams Companies SVP & General Counsel Terrance Lane Wilson reported an open-market sale of 2,000 shares of common stock at $71.30 per share. The transaction was executed under a Rule 10b5-1 Sales Plan entered into with a broker on September 10, 2025.

Following the sale, he holds 285,159 Williams Companies shares directly. A separate entry shows indirect ownership of 100 shares held by a trust. Together, these figures indicate he retains a substantial equity position in the company after this planned sale.

Insider Trade Summary 10b5-1

Net Seller: 2,000 shares ($142,600)

Net Sell 2 txns

Insider Wilson Terrance Lane

Role SVP & General Counsel

Sold 2,000 shs ($143K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$71.30	$143K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 285,159 shares (Direct, null); Common Stock — 100 shares (Indirect, By Trust)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 2,000 shares Sale price: $71.30 per share Direct holdings after sale: 285,159 shares +2 more

5 metrics

Shares sold 2,000 shares Open-market sale of common stock on 2026-06-01

Sale price $71.30 per share Price for 2,000 Williams Companies shares sold

Direct holdings after sale 285,159 shares Common stock directly owned after 2026-06-01 transaction

Indirect holdings 100 shares Common stock held indirectly by trust

Net shares sold 2,000 shares Net buy/sell direction is net-sell per summary

Key Terms

Rule 10b5-1 Sales Plan, open-market sale, indirect ownership, By Trust

4 terms

Rule 10b5-1 Sales Plan financial

"Represents shares sold pursuant to a 10b5-1 Sales Plan entered into between Reporting Person and Broker on September 10, 2025."

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""

By Trust financial

"nature_of_ownership": "By Trust""

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Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Wilson Terrance Lane

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026	06/01/2026	S		2,000(1)	D	$71.3	285,159	D
Common Stock								100	I	By Trust

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

Explanation of Responses:

1. Represents shares sold pursuant to a 10b5-1 Sales Plan entered into between Reporting Person and Broker on September 10, 2025.

Remarks:

	Cheryl L. Mahon, Attorney-in-fact	06/02/2026
	** 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)

FAQ

What insider transaction did WMB report for Terrance Lane Wilson?

WMB reported that SVP & General Counsel Terrance Lane Wilson sold 2,000 shares of Williams Companies common stock. The sale was reported on a Form 4 and reflects an open-market transaction executed under a pre-established Rule 10b5-1 Sales Plan.

How many Williams Companies (WMB) shares did the insider sell and at what price?

Terrance Lane Wilson sold 2,000 shares of Williams Companies common stock at $71.30 per share. This open-market sale was disclosed in the Form 4 and was carried out pursuant to a Rule 10b5-1 Sales Plan with a broker.

How many WMB shares does Terrance Lane Wilson hold after the reported sale?

After the sale, Terrance Lane Wilson holds 285,159 Williams Companies shares directly. The filing also shows an additional 100 Williams Companies shares held indirectly through a trust, indicating continued significant ownership in the company’s stock.

Was the WMB insider sale made under a Rule 10b5-1 trading plan?

Yes. The Form 4 footnote states the 2,000 Williams Companies shares were sold pursuant to a Rule 10b5-1 Sales Plan. That plan was entered into between Terrance Lane Wilson and a broker on September 10, 2025, indicating a pre-arranged trading schedule.

What role does the insider hold at Williams Companies (WMB)?

The reporting person, Terrance Lane Wilson, serves as Senior Vice President and General Counsel at Williams Companies. His Form 4 filing reflects personal and trust-related holdings in WMB common stock alongside the disclosed 2,000-share open-market sale.