Form 4: Williams Companies SVP & General Counsel Sells 2,000 Shares Under 10b5-1 Plan

Terrance Lane Wilson, SVP & General Counsel of Williams Companies, sold 2,000 shares of common stock at $58.21 per share on May 1, 2025, under a pre-arranged 10b5-1 sales plan.

Summary

• On May 1, 2025, Terrance Lane Wilson, the SVP & General Counsel of Williams Companies, sold 2,000 shares of the company's common stock.
• The sale was executed at a price of $58.21 per share.
• The transaction was conducted under a 10b5-1 sales plan established on June 14, 2024.
• Following the sale, Wilson directly owns 319,645 shares of Williams Companies' common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged 10b5-1 plan and doesn't necessarily indicate a change in the insider's confidence in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects. Sales under 10b5-1 plans are generally less impactful as they are pre-arranged and often for personal financial planning.

Stakeholder Impact

• The sale of shares by an insider could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, Williams Companies, WMB, Terrance Lane Wilson, SVP & General Counsel, Stock Sale, 10b5-1 Plan, Insider Trading