Williams Companies (NYSE: WMB) director gets 2,785-share stock award
Rhea-AI Filing Summary
Williams Companies director Robb E. Turner received a grant of 2,785 shares of common stock on August 5, 2026, described as time-based restricted stock units that convert into common stock on a one-for-one basis at $71.81 per share. After the award, he holds 8,785 shares directly and also reports 84,000 shares held indirectly through Madava Investments, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,785 shares
Net Buy
2 txns
Insider
Turner Robb E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,785 | $71.81 | $200K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,785 shares (Direct);
Common Stock — 84,000 shares (Indirect, By Madava Investments, LLC)
Footnotes (1)
- F1. Time-based restricted stock units convert into common stock on a one-for-one basis.
Key Figures
Shares acquired: 2,785 shares
Grant price per share: $71.81
Direct holdings after grant: 8,785 shares
+1 more
4 metrics
Shares acquired
2,785 shares
Grant of common stock on August 5, 2026
Grant price per share
$71.81
Value per share for the 2,785-share stock award
Direct holdings after grant
8,785 shares
Total common stock directly owned by Robb E. Turner after the transaction
Indirect holdings via Madava Investments, LLC
84,000 shares
Common stock reported as indirectly owned through Madava Investments, LLC
Key Terms
time-based restricted stock units, grant, award, or other acquisition, indirect ownership
3 terms
time-based restricted stock units financial
"Time-based restricted stock units convert into common stock on a one-for-one 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.
grant, award, or other acquisition financial
"Transaction code description indicates a grant, award, or other acquisition of common stock"
indirect ownership financial
"Common stock holdings reported as indirect ownership with nature described as By Madava Investments, LLC"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WMB director Robb E. Turner report?
Robb E. Turner reported a grant of 2,785 shares of Williams Companies common stock on August 5, 2026, from time-based restricted stock units that convert into common shares on a one-for-one basis.
What is Robb E. Turner’s direct ownership in WMB after this transaction?
Following the award, Robb E. Turner directly holds 8,785 shares of Williams Companies common stock. This figure reflects his direct ownership position after the August 5, 2026 grant.
Was Robb E. Turner’s latest WMB stock award under a Rule 10b5-1 plan?
The filing indicates it was not made pursuant to a Rule 10b5-1 trading plan, as the document-level Rule 10b5-1 checkbox is explicitly unchecked for this report.
What type of equity instrument underlies Robb E. Turner’s WMB stock grant?
The grant relates to time-based restricted stock units that convert into common stock on a one-for-one basis, meaning each unit ultimately becomes one share of Williams Companies common stock.