Company facts
- Industry
- Natural Gas Transmission
- Headquarters
- Tulsa, Oklahoma
- Most recent report
- 8-K, filed Nov 2, 2026
- Incorporated
- Delaware
- Filings on record
- 1,001+ filings
- On EDGAR
- CIK 107263
- Fiscal year ends
- December
- Filer status
- Large accelerated filer
Financials 8 of 42
News 8 of 142
Prospectuses and Registrations 8 of 50
- 424B2 Prospectus supplement for an offering Nov 2, 2026
- S-3ASR Automatic shelf registration Nov 2, 2026
- 424B2 Prospectus supplement for an offering Sep 9, 2026
- FWP Free writing prospectus Sep 9, 2026
- 424B5 Prospectus supplement for an offering Sep 8, 2026
- 424B2 Prospectus supplement for an offering Sep 3, 2026
- S-8 Registration statement for an employee plan May 20, 2026
- 424B2 Prospectus supplement for an offering Jan 6, 2026
Proxies 8 of 34
- DEFA14A Extra proxy material Mar 26, 2026
- DEFA14A Extra proxy material Mar 18, 2026
- DEF 14A Proxy statement for a shareholder vote Mar 18, 2026
- DEFA14A Extra proxy material Mar 19, 2025
- DEF 14A Proxy statement for a shareholder vote Mar 19, 2025
- DEFA14A Extra proxy material Apr 11, 2024
- DEFA14A Extra proxy material Mar 20, 2024
- DEFA14A Extra proxy material Mar 20, 2024
Ownership 8 of 698
- 4 Insider reported a trade Nov 3, 2026
- 144 Notice of a proposed sale of restricted stock Nov 2, 2026
- 4 Insider reported a trade Oct 2, 2026
- 144 Notice of a proposed sale of restricted stock Oct 1, 2026
- 4 Insider reported a trade Sep 2, 2026
- 144 Notice of a proposed sale of restricted stock Sep 1, 2026
- 4 Insider reported a trade Aug 17, 2026
- 144 Notice of a proposed sale of restricted stock Aug 14, 2026
Other 8 of 35
- SD Conflict minerals disclosure Sep 11, 2026
- ARS Annual report sent to shareholders Mar 18, 2026
- SD Conflict minerals disclosure Aug 29, 2025
- ARS Annual report sent to shareholders Mar 19, 2025
- 15-15D Mar 4, 2025
- SD Conflict minerals disclosure Sep 16, 2024
- 11-K Employee stock plan report Jun 14, 2024
- ARS Annual report sent to shareholders Mar 20, 2024
What to read: Sep 2026 10-Q
SECSift found 4 of 11 sections worth reading, with 0 positive, 16 notable, and 1 negative flags.
Financial Statements (Item 1)
Financial statements and notes with major acquisition, debt issuance, and asset sales.Notable- Williams sold a 49% noncontrolling interest in Pantheon for $5.34B committed capital, with $1B received in October 2026.
- Momentum contributed $113M revenue and $40M Modified EBITDA from Sept 3-30, 2026.
- Transco rate case settled: $221M refunded in April 2026; construction litigation settled for undisclosed amount.
- Construction commitments total $5.9B, with significant power project equipment backed by customer reimbursement.
Management's Discussion (Item 2)
Large acquisition, asset sales, major capex, and detailed segment results with specific numbers.Notable- Transco FERC rate case settled; refunds paid in April 2026.
- Growth capex expected $7.3B-$7.9B in 2026, excluding acquisitions and customer-backed equipment.
- Gains from asset sales: $83M from Permian gathering assets, $127M from Brazos Permian II, $182M from South Mansfield.
- Acquired Momentum for ~$5.1B in September 2026, including $869M debt retained.
- Issued $5.5B in long-term debt and retired ~$1.1B in first three quarters of 2026.
- Working capital deficit of $1.6B as of September 30, 2026, including cash and debt due within one year.
- Dividend raised to $0.525 per share in 2026 from $0.500 in 2025.
Unregistered Sales and Repurchases (Item 2)
Contains share repurchase activity and a large stock issuance for an acquisition.Other Information (Item 5)
New long-term cash award for top execs with specific performance targets and payout details.Notable- New five-year cash award for CEO and four other top execs, target $29.7M total, max $59.4M.
- Payout requires 10%+ CAGR in Adjusted EBITDA and debt/EBITDA ≤4.0x by Dec 31, 2030.
- Maximum payout is 200% of target at 16% EBITDA CAGR, with straight-line interpolation in between.
- No payout below target; award forfeited on voluntary (non-retirement) or involuntary termination.
What changed: Sep 2026 vs. Jun 2026
About 13% of WMB's Sep 2026 10-Q is new information. 91 paragraphs were added, 199 changed, and 48 removed. Below are the most important lines SECSift identified.
New
- Added Momentum Acquisition on Sep 3, 2026 for ~$5.1B, including 27M shares and $869M debt retained.
- Added a Five-Year Performance Award for named executives, with target values from $4,960,000 to $8,800,000 and maximum up to $17,600,000.
- Added Exhibit 10.2: Form of Performance-Based Cash Incentive Award between Williams and certain employees.
Changed
- Momentum acquisition closed on Sep 3, 2026 for $5.1B total consideration, up from agreed $5.5B in prior filing.
- Permian gathering assets sale completed in Aug 2026 for $139M with $83M gain, previously only signed agreement.
- Average trading VaR for the period dropped to $9 million from $11 million.
- Net cash collateral excluded fell to $220 million from $245 million.
- Non-trading VaR at period end fell to $4 million from $7 million at June 30, 2026.
- Cross-reference updated from Note 9 to Note 10 for environmental matters.
- Cross-reference updated from Note 9 to Note 10 for other litigation.
- Gillis West and Ryckman Creek Lateral and Huntingdon Connector placed into service in late Oct 2026, previously planned for Q4 2026.
- Leidy Access filed certificate application with FERC in Sep 2026, previously planned to file by Q4 2026.
- Updated the Rule 10b5-1 period from three months ended June 30, 2026 to September 30, 2026.
- Exhibit 10.1 changed from 'Form of 2026 Restricted Stock Unit Agreement' to '2007 Incentive Plan as amended and restated effective July 29, 2026'.
Everything here comes from Williams Companies, Inc.'s own filings on SEC EDGAR. The filing list is rechecked every hour. SECSift analysis was completed on Nov 2, 2026, from the 10-Q for Sep 2026.