Williams Companies Inc. filings document regulatory disclosures for a NYSE-listed natural gas infrastructure company with common stock trading under WMB. Recent 8-K reports furnish quarterly and annual financial results, financial highlights, operating statistics, non-GAAP reconciliations and material-event exhibits tied to the company’s operations.
The filing record also covers governance and capital structure matters, including annual meeting voting results, the definitive proxy statement, amendments to the Williams Companies 2007 Incentive Plan, board composition changes and executive compensation disclosures. Capital markets filings describe registered senior note offerings by Williams and debt-related transactions involving Transcontinental Gas Pipe Line Company, LLC, a wholly owned Williams subsidiary.
Williams Companies Executive Vice President & COO Larry C. Larsen reported acquiring 13,604 restricted stock units as a grant/award. After this award, he holds 36,939 restricted stock units directly. The units relate to a 2023 performance-based RSU grant, with payout tied to return on capital employed, available funds from operations per share, and a relative total shareholder return modifier, allowing a final payout between 0% and 200% of the awarded units.
Williams Companies EVP & CFO John Dean Porter reported an acquisition of 23,581 restricted stock units (RSUs) at a stated price of $0.00 per unit. After this grant/adjustment, he directly holds 64,029 RSUs. The units relate to a performance-based 2023 RSU grant.
Vesting depends on Compensation and Management Development Committee certification that Williams has met performance requirements. Return on capital employed and available funds from operations per share are each weighted 50% against predetermined targets, with relative total shareholder return used as a performance modifier that can increase or decrease results by up to 25%.
The footnotes state this entry represents an adjustment to the 2023 performance-based RSU grant due to performance greater than target, with the final potential payout ranging from 0% to 200% of the awarded units.
Williams Companies, Inc. reported that President and CEO Chad J. Zamarin acquired 27,209 restricted stock units (RSUs) as a grant or award. These RSUs adjust a 2023 performance-based grant because company performance exceeded target levels.
The footnotes explain that vesting depends on meeting performance requirements certified by the Compensation and Management Development Committee. Return on capital employed and available funds from operations per share each carry a 50% weight, with relative total shareholder return used as a modifier. After this award, Zamarin directly holds 73,880 RSUs.
Williams Companies VP and Chief Accounting Officer Mary A. Hausman reported an acquisition of 3,152 restricted stock units (RSUs). These RSUs relate to a 2023 performance-based grant and were increased because company performance exceeded target.
The award vests under the grant agreement after the Compensation and Management Development Committee certifies that performance conditions are met. Metrics include return on capital employed and available funds from operations per share, each weighted 50%, with relative total shareholder return potentially adjusting the outcome by up to 25%. After this adjustment, Hausman holds 8,559 RSUs.
WILLIAMS COMPANIES, INC. director Alan S. Armstrong reported an acquisition of 108,836 restricted stock units on February 18, 2026, recorded at a price of $0.00 per unit. Following this grant or adjustment, his directly held restricted stock units total 295,519.
The filing explains that these performance-based units vest only if a committee certifies that the company meets required goals. Return on capital employed and available funds from operations per share are each weighted at 50% against predetermined targets, with relative total shareholder return serving as a modifier. Depending on performance, the final payout can range from 0% to 200% of the awarded units.
Williams Companies SVP & General Counsel Terrance Lane Wilson reported acquiring 16,325 restricted stock units at no cost, bringing his directly owned RSUs to 44,327 units.
The units relate to a 2023 performance-based RSU grant, adjusted upward after performance exceeded target, with final payout ranging from 0% to 200% of the awarded units.
WILLIAMS COMPANIES, INC. senior vice president and chief human resources officer Debbie L. Pickle reported an acquisition of 11,791 restricted stock units. These units relate to a 2023 performance-based RSU grant, with the adjustment driven by performance greater than target and a potential payout range from 0% to 200%.
The Williams Companies reported record 2025 results driven by its natural gas infrastructure strategy. GAAP net income reached $2.615 billion, or $2.14 per diluted share, up 18% from 2024, while adjusted net income was $2.571 billion, or $2.10 per share, up 10% and 9% respectively.
Adjusted EBITDA grew 9% to $7.750 billion, supported by higher service revenues from Transco expansion projects, new Gulf volumes, stronger gathering volumes, and contributions from acquisitions. Cash flow from operations rose 19% to $5.898 billion, and available funds from operations increased 9% to $5.858 billion, producing a 2.40x dividend coverage ratio.
Management issued 2026 adjusted EBITDA guidance of $8.05–$8.35 billion, with a midpoint of $8.2 billion, about 6% above 2025. The annualized dividend was raised 5% to $2.10 for 2026, and the company plans $6.1–$6.7 billion of growth capex and $850–$950 million of maintenance capex, targeting leverage of roughly 4.0x.
Williams Companies SVP & General Counsel Wilson Terrance Lane reported selling 2,000 shares of Williams Companies common stock on February 2, 2026 at a price of $66.39 per share under a pre-established Rule 10b5-1 sales plan.
After this sale, Lane directly beneficially owned 293,545 shares of Williams Companies common stock and indirectly beneficially owned an additional 3,100 shares held by a trust.
The Williams Companies insider Terrance L. Wilson has filed a Form 144 notice to sell 2,000 shares of Williams common stock. The planned sale through Fidelity Brokerage Services has an aggregate market value of $132,780.00, with Williams having 1,221,218,867 common shares outstanding and the transaction listed for the NYSE.
The shares to be sold were acquired on 02/24/2024 via restricted stock vesting from the issuer as compensation. In the past three months, Wilson has already sold 4,000, 2,000, and 2,000 Williams common shares on 11/12/2025, 12/09/2025, and 01/02/2026, for gross proceeds of $242,120.00, $123,800.00, and $120,220.00, respectively.