WILLIAMS COMPANIES (WMB) SVP receives new stock and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILLIAMS COMPANIES, INC. senior vice president Eric J. Ormond reported stock-based compensation awards. On February 19, 2026, he acquired 9,822 restricted stock units at an indicated value of $72.17 per unit, leaving 9,822 units held directly after the grant.
On the same date, he also acquired 10,392 shares of common stock at an indicated value of $72.17 per share, bringing his directly held common stock to 38,127 shares after the award. Footnotes state that time-based RSUs convert into common stock one-for-one, while certain performance-based RSUs vest over three years based on financial performance, with payouts ranging from 0% to 200% of the awarded units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ormond Eric 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 shares (Direct);
Common Stock — 38,127 shares (Direct)
Footnotes (1)
- Time-based restricted stock units convert into common stock on a one-for-one basis. 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
What did WILLIAMS COMPANIES (WMB) executive Eric J. Ormond report on this Form 4?
Eric J. Ormond reported receiving stock-based compensation awards. He acquired restricted stock units and common shares in WILLIAMS COMPANIES as part of grants, rather than open-market purchases, increasing his direct equity exposure to the company’s stock and stock-based units.
How many restricted stock units did WMB’s Eric J. Ormond receive?
Eric J. Ormond received 9,822 restricted stock units. These RSUs are part of his equity compensation and, according to the filing, time-based units convert into Williams common stock on a one-for-one basis once vesting conditions under the applicable grant agreement are satisfied.
What is the significance of the $72.17 figure in Eric J. Ormond’s WMB Form 4?
The filing lists an indicated value of $72.17 per share or unit for both the restricted stock units and common stock awards. This figure typically reflects a grant-date fair value measure used for compensation purposes, not necessarily a cash price paid in an open-market trade.
How do the performance-based RSUs for WMB’s Eric J. Ormond vest?
Performance-based restricted stock units vest based on three-year financial performance metrics. The Compensation and Management Development Committee must certify that WILLIAMS COMPANIES meets those measures, and the final payout can range from 0% to 200% of the originally awarded number of performance units.
Does Eric J. Ormond’s WMB Form 4 indicate any stock sales?
The Form 4 shows only acquisitions through equity awards, not stock sales. Both transactions use code “A” for grants or awards, and the summary data indicate two acquisition-type entries with no reported dispositions or open-market selling activity in this particular filing.