Williams Companies SVP & General Counsel Sells $148K in Common Stock Under Rule 10b5-1 Plan

Executive Summary

On November 3, 2026, Terrance Lane Wilson, Senior Vice President & General Counsel of Williams Companies, Inc. ($WMB), reported the open-market sale of 2,000 shares of common stock executed on November 2, 2026. The transaction generated total proceeds of $148,340 at an average execution price of $74.17 per share.

Transaction Details

• Filing Type: Form 4
• Security: Common Stock
• Transaction Code: S (Open Market Sale)
• Shares Transacted: 2,000
• Price per Share: $74.17
• Total Transaction Value: $148,340.00
• Post-Transaction Direct Ownership: 260,259 shares

Context & Significance

• 10b5-1 Plan: The transaction was conducted pursuant to a Rule 10b5-1 trading plan entered into on September 10, 2025. Pre-scheduled plans minimize the likelihood of trades being informed by material non-public information.
• Ownership Impact: The sale represents less than 1% (approx. 0.76%) of Wilson's total equity stake in Williams Companies, leaving the executive with substantial direct ownership of 260,259 shares.
• Significance Level: Low, reflecting routine portfolio diversification via a pre-arranged plan and a negligible change in overall insider holding.