Williams Companies EVP vests 36,939 RSUs

Larry C. Larsen, Executive Vice President & COO of Williams Companies, reported the vesting and settlement of 36,939 restricted stock units into an equal number of shares of common stock, tied to a 2023 performance-based RSU grant.

Rhea-AI Filing Summary

Larry C. Larsen, Executive Vice President & COO of Williams Companies, reported the vesting and settlement of 36,939 restricted stock units into an equal number of shares of common stock, tied to a 2023 performance-based RSU grant. In connection with RSU-related obligations, a total of 26,848 shares of common stock were withheld by the issuer to satisfy tax withholdings at a reference price of $72.98 per share. After these transactions, Larsen directly holds 110,219 shares of Williams Companies common stock.

Insider Trade Summary

36,939 shares exercised/converted

Exercise 4 txns

Insider Larsen Larry C

Role Executive Vice President & COO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	36,939	$0.00	$0.00
Exercise	Common Stock	36,939	$72.98	$2.70M
Exercise Price or Tax Liability	Common Stock	16,256	$72.98	$1.19M
Exercise Price or Tax Liability	Common Stock	10,592	$72.98	$773K

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 110,219 shares (Direct)

Footnotes (4)

1. F1. 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.
2. F2. A portion of the shares of common stock in footnote (1) were withheld by the Issuer to satisfy tax withholdings of the Reporting Person.
3. F3. 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.
4. F4. 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.

Key Figures

RSUs vested and settled: 36,939 units Shares withheld for tax: 26,848 shares Tax reference price: $72.98 per share +3 more

6 metrics

RSUs vested and settled 36,939 units Restricted Stock Units converting into common stock on 2026-02-23

Shares withheld for tax 26,848 shares Common stock withheld to satisfy tax withholdings related to RSU grants

Tax reference price $72.98 per share Per-share value used for RSU-related common stock and tax-withholding transactions

Post-transaction direct holdings 110,219 shares Directly held Williams Companies common stock after reported transactions

First tax-withholding block 16,256 shares Common stock withheld under code F to satisfy tax obligations

Second tax-withholding block 10,592 shares Additional common stock withheld under code F for tax withholdings

Key Terms

Restricted Stock Units, performance-based restricted stock units, time-based restricted stock units, Compensation and Management Development Committee, +1 more

5 terms

Restricted Stock Units financial

"security_title "Restricted Stock Units" and related vesting disclosure"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance-based restricted stock units financial

"Performance-based restricted stock units. Vesting is subject to applicable grant agreement"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

time-based restricted stock units financial

"grant of time-based restricted stock units previously reported on an as-owned basis"

Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.

Compensation and Management Development Committee financial

"as certified by the Issuer's Compensation and Management Development Committee"

tax withholdings financial

"withheld by the Issuer to satisfy tax withholdings of the Reporting Person"

FAQ

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

What RSU transaction did WMB executive Larry C. Larsen report?

Executive Larry C. Larsen reported the vesting and settlement of 36,939 restricted stock units into common stock. These RSUs relate to a 2023 performance-based grant certified by the Compensation and Management Development Committee, resulting in additional directly held Williams Companies shares.

How many WMB shares were withheld for Larry C. Larsen’s taxes?

A total of 26,848 shares of Williams Companies common stock were withheld to satisfy tax withholdings related to Larsen’s RSU grants. These withholdings were valued at $72.98 per share, reflecting shares retained by the issuer rather than sold on the open market.

What is Larry C. Larsen’s direct WMB shareholding after these transactions?

After the RSU vesting and related tax withholdings, Larry C. Larsen directly holds 110,219 shares of Williams Companies common stock. This figure reflects his post-transaction balance as reported, providing investors a clear view of his ongoing equity stake.

What type of RSUs were involved in the WMB Form 4 for Larry C. Larsen?

The Form 4 references performance-based restricted stock units from a 2023 grant and related time-based RSUs. Vesting depends on three-year financial performance metrics, with potential payout ranging from 0% to 200% of the awarded units, per the grant terms.

At what price were Larry C. Larsen’s WMB RSU-related shares valued?

The common shares associated with Larry C. Larsen’s RSU vesting and tax withholdings were valued at $72.98 per share. This per-share value was used in connection with the tax-withholding dispositions reported under code F in the Form 4.

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

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Accepted by SEC EDGAR 02/25/2026 - 04:27 PM 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^*

Larsen Larry C

(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)
	Executive Vice President & COO

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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)	02/23/2026	02/23/2026	M		36,939	A	$72.98	137,067	D
Common Stock	02/23/2026	02/23/2026	F		16,256(2)	D	$72.98	120,811	D
Common Stock	02/23/2026	02/23/2026	F		10,592(3)	D	$72.98	110,219	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(4)	$0	02/23/2026		M	V		36,939	02/23/2026	02/23/2026	Common Stock	36,939	$0	0	D

Explanation of Responses:

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.

2. A portion of the shares of common stock in footnote (1) were withheld by the Issuer to satisfy tax withholdings of the Reporting Person.

3. 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.

4. 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	02/25/2026
	** 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.