ALAN S. ARMSTRONG - 23 Feb 2026 Form 4 Insider Report for WILLIAMS COMPANIES, INC. (WMB)

Role
Director
Signature
Cheryl L. Mahon, Attorney-in-fact
Issuer symbol
WMB
Transactions as of
23 Feb 2026
Net transactions value
+$8,204,704
Form type
4
Filing time
25 Feb 2026, 16:35:37 UTC
Previous filing
20 Feb 2026
Next filing
09 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ARMSTRONG ALAN S Director ONE WILLIAMS CENTER, TULSA Cheryl L. Mahon, Attorney-in-fact 25 Feb 2026 0001208475

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMB Common Stock Options Exercise $21,566,977 +295,519 +92% $72.98 616,543 23 Feb 2026 Direct F1
transaction WMB Common Stock Tax liability $9,460,616 -129,633 -21% $72.98 486,910 23 Feb 2026 Direct F2
transaction WMB Common Stock Tax liability $3,901,657 -53,462 -11% $72.98 433,448 23 Feb 2026 Direct F3
holding WMB Common Stock 29,888 23 Feb 2026 By Trust
holding WMB Common Stock 2,262,261 23 Feb 2026 By CCJG Investments, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WMB Restricted Stock Units Options Exercise $0 -295,519 -100% $0.000000 0 23 Feb 2026 Common Stock 295,519 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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.
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.