Form 4: Williams Companies Executive Zamarin Reports Stock Transactions Following RSU Vesting

Sentiment:

SEC Form 4 Filing


Executive Vice President Chad J. Zamarin reports the vesting of restricted stock units and subsequent stock transactions, including shares withheld for tax obligations.

Summary

  • Chad J. Zamarin, an Executive Vice President at Williams Companies, reported transactions related to the vesting of performance-based restricted stock units (RSUs).
  • On February 24, 2025, 79,678 shares of common stock vested at a price of $57.33 per share, pursuant to a 2022 performance-based RSU grant.
  • The vesting included an adjustment for performance exceeding the target, as certified by the Issuer's Compensation and Management Development Committee.
  • The reporting person now beneficially owns 642,261 shares of common stock.
  • A portion of the vested shares were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the compensation structure and alignment of executive interests with shareholders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders, reflecting the ongoing compensation and equity ownership of a key executive.

Key Dates

DateDescription
02/23/2025Date exercisable and expiration date of restricted stock units
02/24/2025Date of earliest transaction (RSU vesting and stock transactions)
02/26/2025Date of signature by Attorney-in-Fact

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