{"url_path":"/sec/wmb/8-k/2026-07-01/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-01","source_url":"https://www.sec.gov/Archives/edgar/data/107263/0000107263-26-000020-index.html","accession_number":"0000107263-26-000020","cik":"0000107263","ticker":"WMB","issuer_name":"WILLIAMS COMPANIES, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/107263/0000107263-26-000020-index.html","primary_entity_key":"0000107263","primary_entity_name":"WILLIAMS COMPANIES, INC."},"word_count":378,"has_tables":true,"body_markdown":"Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nOn July 1, 2026, The Williams Companies, Inc. (“the Company”) announced that Robb E. Turner and Lloyd W. (Billy) Helms, Jr., have been appointed to the Company’s Board of Directors, effective July 1, 2026. Mr. Turner will serve on the Audit Committee and the Governance and Sustainability Committee. Mr. Helms will serve on the Compensation and Management Development Committee and the Environmental, Health and Safety Committee. Effective July 1, 2026, the Board of Directors of the Company (the “Board”) approved an increase in the size of the Board from ten to twelve directors.\n\nThe Board determined that each of Mr. Turner and Mr. Helms are independent directors within the meaning of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), rules and regulations promulgated by the Securities and Exchange Commission thereunder, and the listing standards of the New York Stock Exchange (the “NYSE Listed Company Manual”). The Board also determined that Mr. Turner and Mr. Helms are financially literate within the meaning of the NYSE Listed Company Manual. There are no arrangements or understandings between Mr. Turner or Mr. Helms and any other person in connection with their appointments as directors of the Company. Neither Mr. Turner nor Mr. Helms is related to any officer or director of the Company, and there are no transactions or relationships between Mr. Turner or Mr. Helms and the Company and its subsidiaries that require disclosure under Item 404(a) of Regulation S-K.\n\nIn connection with Mr. Turner’s and Mr. Helms’s appointment as non-employee directors, they will receive the standard annual benefits paid to each non-employee director including: (i) $130,000 annual cash retainer; and (ii) $200,000 annual equity retainer in the form of restricted stock units issued pursuant to The Williams Companies, Inc. Amended and Restated 2007 Incentive Plan. The annual cash retainer is paid through quarterly cash payments. The 2026 equity awards to be paid to each of Mr. Turner and Mr. Helms are subject to a mandatory one-year deferral from grant date. Subsequent annual equity awards are subject to a director’s election to defer awards either one year from the grant date or until the director leaves the Board."}