Pre-planned sale trims Williams (NYSE: WMB) SVP’s share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILLIAMS COMPANIES, INC. senior executive Terrance Lane Wilson reported an open-market sale of 2,000 shares of Common Stock at $74.16 per share.
The sale was executed under a pre-arranged Rule 10b5-1 Sales Plan. After the transaction, he held 283,159 shares directly and 100 shares indirectly through a trust, reflecting a small, planned adjustment to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($148,320)
Net Sell
2 txns
Insider
Wilson Terrance Lane
Role
SVP & General Counsel
Sold
2,000 shs ($148K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $74.16 | $148K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 283,159 shares (Direct, null);
Common Stock — 100 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,000 shares
Sale price: $74.16 per share
Direct holdings after sale: 283,159 shares
+1 more
4 metrics
Shares sold
2,000 shares
Common Stock open-market sale on July 1, 2026
Sale price
$74.16 per share
Price for Common Stock sale on July 1, 2026
Direct holdings after sale
283,159 shares
Direct Common Stock ownership following July 1, 2026 sale
Indirect holdings after update
100 shares
Common Stock held indirectly by trust as of July 1, 2026
Key Terms
Rule 10b5-1 Sales Plan, open-market sale, Form 4, indirect ownership
4 terms
Rule 10b5-1 Sales Plan regulatory
"Represents shares sold pursuant to a 10b5-1 Sales Plan entered into..."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By Trust"
FAQ
What insider transaction did WMB executive Terrance Lane Wilson report?
Terrance Lane Wilson reported selling 2,000 shares of Williams Companies common stock. The shares were sold in an open-market transaction at $74.16 per share, as reflected in a Form 4 insider trading report.
Was the Williams (WMB) insider sale made under a Rule 10b5-1 plan?
Yes, the 2,000-share Williams Companies insider sale was made under a Rule 10b5-1 Sales Plan. The footnote states the plan was entered into between the reporting person and a broker on September 10, 2025.
What type of transaction code is used for the WMB insider sale?
The Williams Companies insider sale is coded as “S” on Form 4. This code indicates a sale of common stock in the open market or a private transaction under SEC reporting rules.
Does the WMB Form 4 show any derivative securities exercises?
No derivative exercises are shown in this Form 4. The filing reports one open-market sale of common stock and a separate holding entry for 100 common shares held indirectly through a trust.