Form 4: Williams Companies SVP Larry Larsen Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Senior Vice President Larry Larsen of Williams Companies reports the vesting of restricted stock units and subsequent stock transactions to cover tax obligations.
Summary
- On February 24, 2025, Larry Larsen, a Senior Vice President at Williams Companies, had 8,003 shares of common stock vest as part of a performance-based RSU grant.
- Following the vesting, 3,625 shares were withheld by the issuer to cover tax obligations related to the vesting of the performance-based RSUs.
- An additional 2,979 shares were withheld to cover tax obligations related to a previous grant of time-based restricted stock units.
- After these transactions, Larsen directly owns 89,265 shares of Williams Companies common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/23/2025 | Date exercisable and expiration date of restricted stock units |
| 02/24/2025 | Date of transaction and vesting of restricted stock units |
| 02/26/2025 | Date of signature by Attorney-in-fact |
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