Williams (WMB) 4: Wilson Terrance Lane bought 44,327 shares of Common Stock a… (Feb 25, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-02-23 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: WILLIAMS COMPANIES, INC. (WMB) CIK: 0000107263 --- Reporting Owner --- Name: Wilson Terrance Lane CIK: 0001703388 Role: Officer (SVP & General Counsel) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-02-23 | Code: M (Exercise of derivative) Shares: +44,327 | Price: $72.98 Total Value: $3,234,984.46 Shares Owned After: 351,728 | Ownership: D (Direct) Footnotes: [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. [Transaction #2] Security: Common Stock Date: 2026-02-23 | Code: F (Payment of exercise/tax) Shares: -19,501 | Price: $72.98 Total Value: $1,423,182.98 Shares Owned After: 332,227 | Ownership: D (Direct) Footnotes: [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. [Transaction #3] Security: Common Stock Date: 2026-02-23 | Code: F (Payment of exercise/tax) Shares: -12,068 | Price: $72.98 Total Value: $880,722.64 Shares Owned After: 320,159 | Ownership: D (Direct) Footnotes: [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. [Transaction #4] Security: Common Stock Date: 2026-02-24 | Code: S (Open market sale) Shares: -27,000 | Price: $72.92 Total Value: $1,968,840.00 Shares Owned After: 293,159 | Ownership: D (Direct) Footnotes: [F4] This transaction was executed in multiple trades at prices ranging from $72.88 - $72.99. The prices reported above reflect the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-02-23 | Code: M (Exercise of derivative) Shares: -44,327 | Price: $0.00 Exercisable: N/A | Expires: 2026-02-23 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F5] 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. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) --- Footnotes (Complete Index) --- 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: This transaction was executed in multiple trades at prices ranging from $72.88 - $72.99. The prices reported above reflect the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. F5: 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. --- Signature --- /s/ Cheryl L. Mahon, Attorney-in-fact (2026-02-25)