WMB WILLIAMS COMPANIES, INC. Insider Trading

WMB EVP/COO Larsen sells 12,000 shares at $76.48; retains 98,219 shares post-sale

Larsen Larry C, Executive Vice President & COO, sold 12,000 shares of Williams Companies at $76.48 on 2026-05-14 for $917,820.00, reducing his position from 110,219 to 98,219 shares. The sale occurred near the 52-week high of $77.78, with the current price at $77.44, suggesting the trade executed in a relatively strong price environment. WMB has experienced significant recent momentum (+9.4% over 30 days, +7.1% over 90 days) alongside robust fundamentals, including quarterly net income of $865,000,000.00 and annual revenue growth of +13.8%, though the stock trades at a P/E of 33.96. The executive retained a substantial post-sale holding of 98,219 shares, indicating continued material ownership alignment with the company.

CFO Porter Dean sells roughly one-fifth of holdings for $3.8M as stock trades near 52-week highs.

Porter Dean, the company's Chief Financial Officer, sold a substantial block of shares at prices near the stock's recent highs, reducing his position by roughly one-fifth in a single transaction. While Williams Companies is a fundamentally strong, profitable company with consistent revenue growth and solid recent quarterly results, the timing of this sale—executed when the stock trades only slightly below its 52-week high—suggests Dean may be taking advantage of favorable pricing rather than signaling new conviction in a near-term opportunity. The sale size and the removal of a material portion of his holdings warrant attention to see whether other executives follow suit or if this represents an isolated liquidity decision by the CFO. The underlying business fundamentals remain sound, but the insider's action at peak prices is a note of caution for momentum-driven investors.

SVP Rinke Todd J. sold 7,364 shares of WMB at $74.39; retains 26,055 shares post-transaction.

Rinke Todd J., Senior Vice President, executed a discretionary sale of 7,364 shares at $74.39 on 2026-03-11, reducing his holdings by -22.0% versus pre-transaction holdings of 33,419 shares. The transaction price of $74.39 was near the 52-week high of $76.26, occurring when the stock had appreciated +23.1% over 90 days and +6.8% over 30 days, consistent with selling into accumulated strength. WMB remains a growth-oriented story with +13.8% annual revenue growth and a $89.8B market cap, though the elevated P/E of 32.53 reflects high market expectations. The sale reflects a discrete portfolio action by a senior executive but does not indicate a fundamental shift in company trajectory or insider confidence at this capitalization level.

SVP & General Counsel Wilson Terrance Lane sold 27,000 shares of WMB at $72.92 on 2026-02-24 ($2.0M); retains 293.2K shares.

Wilson Terrance Lane sold 27,000 shares (27.0K shares) at $72.92, reducing his holdings by 8.4% to 293,159 shares (293.2K shares). The sale occurred as WMB trades near its 52-week high of $73.97 and follows strong price momentum (+15.1% over 30 days, +22.8% over 90 days). The company's fundamentals remain robust with Revenue $2,923,000,000.00 ($2.9B) in the latest quarter, Net income $647,000,000.00 ($647.0M), and annual revenue growth of +13.8%, though the P/E of 32.73 reflects premium valuation. This represents a discretionary open-market sale by a senior legal executive at elevated price levels during a period of sustained upward movement in the stock.

WMB COO Michael Dunn sold 96,687 shares at $53.04 on 2025-03-07; post-sale holdings 714,693 shares

Michael Dunn, EVP & COO of Williams Companies, disposed of 96,687 shares representing 11.9% of his pre-transaction holdings in a single transaction valued at $5,128,278.48. The sale occurred at $53.04 per share, approximately $0.98 below the current market price of $54.02, and within the 52-week trading band of $35.92–$60.63. The company faces headwinds with annual revenue declining 3.7% year-over-year and trades at a P/E of 34.19, which exceeds typical utility sector multiples. The sale's magnitude—involving a material reduction in the executive's direct holdings—warrants investor scrutiny into whether it reflects cash needs, portfolio rebalancing, or other strategic considerations tied to the firm's operational trajectory.

SVP Chad Teply sold 26,000 WMB shares at $56.46, reducing stake by 16.3% to 133,048 shares

Chad Teply, Senior Vice President at Williams Companies, sold 26,000 shares (16.3% of his holdings) on February 27, 2025, at $56.46 per share for $1,467,960.00. The transaction occurred when the stock was trading at -4.0% from its 52-week high of $60.63, and the current price of $58.18 sits notably above the sale price. The company reported $706.0M in net income against $2.7B quarterly revenue, but faces annual revenue decline of -3.7% and an elevated P/E of 36.82, suggesting the market is pricing in expectations beyond current earnings. The sale reduces Teply's direct ownership but leaves a substantial post-transaction holding of 133,048 shares, indicating continued meaningful investment in the company.