Williams (WMB) SVP Jasek exercises RSUs while shares withheld for taxes
Rhea-AI Filing Summary
The Williams Companies, Inc. senior vice president Glen G. Jasek reported equity compensation activity involving restricted stock units and related common stock. On February 23, 2026, he exercised 5,624 performance-based restricted stock units from a 2023 grant, converting them into 5,624 shares of common stock at a stated price of $72.98 per share. Footnotes state the payout reflected performance above target as certified by the company’s Compensation and Management Development Committee, with the original award designed to pay out between 0% and 200% of granted units based on three-year financial metrics.
To cover tax withholding obligations tied to these awards, 2,311 shares and 2,050 shares of common stock were withheld by the company rather than sold on the open market. After these transactions, Jasek directly owns 48,464 shares of Williams common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,624 | $0.00 | -- |
| Exercise | Common Stock | 5,624 | $72.98 | $410K |
| Tax Withholding | Common Stock | 2,311 | $72.98 | $169K |
| Tax Withholding | Common Stock | 2,050 | $72.98 | $150K |
Footnotes (1)
- Shares of common stock vesting pursuant to a 2023 performance-based RSU grant agreement between the Reporting Person and the Issuer and including an adjustment for performance at greater than target as certified by the Issuer's Compensation and Management Development Committee. A portion of the shares of common stock in footnote (1) were withheld by the Issuer to satisfy tax withholdings of the Reporting Person. Shares of common stock withheld by Issuer to satisfy tax withholdings of the Reporting Person in connection with a 2023 grant of time-based restricted stock units previously reported on an as-owned basis in Table I. 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.