Loading the brief…
Stock brief · the live tape
WMBWilliams Companies, Inc.
Energy
$73.73
▲ $3.60 (+5.1%) · 30dclose Friday, August 28, 2026
Disclosed flow is mixed.
7 members · 13 disclosed trades · 32 insider filings
The Hill
▲ 5▼ 8
5 buys · 8 sellsThe Boardroom
▲ 14▼ 18
14 buys · 18 sells · 32 filingsFeeding Time13F lens lands with fund ingestion
What is behind it
Recent Signal Scores, decayed55
Events counted, 90d15
Net congressional flowselling
The tape
Price with a twin dot per disclosed trade: filled at the trade, hollow at the filing. The dashed gap is what the market did in between, not anyone’s return.
trade (congress)filingtrade (insider)call legput leg
The cost of chasing
Each rail runs from their trade to their filing. The hatched part is the move a copier missed to the disclosure lag; the solid part is what copying at the filing kept.
Armstrong-2.8+0.5
Armstrong-1.6+0.5
Cisneros+7.1+0.8
Cisneros+22.2+2.0
Jackson+26.3+29.7
Jackson+20.7+29.7
Jackson+26.1+29.7
Torres+64.8+28.9
Torres+26.6+28.9
McClain+28.6+27.4
Median copy kept +27.4% from the filing vs +26.1% from the trade date; the lag took -1.3 pts. The S&P returned +19.7% over the same windows. Numbers describe the window shown; they are not a forecast.
Who is behind it
Congress members with a disclosed position, biggest first. Click through to their dossier.
Alan ArmstrongSenate · Health, Education, Labor & Pensions · Indian AffairsFiled this one in 27dAlso holds call $75sold$15.4MJefferson ShreveHouse · AppropriationsFiled this one in 41dsold$75KJonathan L. JacksonHouse · Agriculture · Foreign AffairsFiled this one in 161dmixed$24KGilbert Ray Cisneros, Jr.House · Armed Services · Small BusinessFiled this one in 27dmixed$16KRitchie TorresHouse · Financial Services · House Select Committee on the Strategic Competition Between the United States & the Chinese Communist PartyFiled this one in 328dmixed$16K
Committee overlap is a fact, not an accusation. An option leg behind a share buy reads very differently from a plain purchase, so it is called out but never scored as intent.
The boardroom
Scheduled 10b5-1 sales are usually noise, set on autopilot months ago. The unscheduled ones are the tell.
Wilson Terrance LaneSVP & General CounselUnscheduled
Wilson Terrance LaneSVP & General CounselUnscheduled
Wilson Terrance LaneSVP & General CounselUnscheduled
Wilson Terrance LaneSVP & General CounselUnscheduled
Wingo Robert R.Executive Vice PresidentUnscheduled
Helms Lloyd W JrDirectorUnscheduled
Turner Robb EDirectorUnscheduled
Wilson Terrance LaneSVP & General CounselScheduled · 10b5-1
Wilson Terrance LaneSVP & General CounselScheduled · 10b5-1
Porter John DeanEVP & CFOUnscheduled
Porter John DeanEVP & CFOUnscheduled
Porter John DeanEVP & CFOUnscheduled
Wilson Terrance LaneSVP & General CounselScheduled · 10b5-1
BERGSTROM STEPHEN WDirectorUnscheduled
Jasek Glen G.Senior Vice PresidentUnscheduled
Jasek Glen G.Senior Vice PresidentUnscheduled
Jasek Glen G.Senior Vice PresidentUnscheduled
Jasek Glen G.Senior Vice PresidentUnscheduled
Jasek Glen G.Senior Vice PresidentUnscheduled
Jasek Glen G.Senior Vice PresidentUnscheduled
Larsen Larry CExecutive Vice President & COOUnscheduled
Porter John DeanEVP & CFOUnscheduled
Wilson Terrance LaneSVP & General CounselScheduled · 10b5-1
SPENCE WILLIAM HDirectorUnscheduled
Ragauss Peter ADirectorUnscheduled
BERGSTROM STEPHEN WDirectorUnscheduled
SHEFFIELD SCOTT DDirectorUnscheduled
ROBESON ROSE MDirectorUnscheduled
CREEL MICHAEL ADirectorUnscheduled
Muncrief Richard EDirectorUnscheduled
Tyson Jesse JDirectorUnscheduled
Lockhart Carri A.DirectorUnscheduled
The forward book
Every disclosed option leg on this ticker: what was filed, and where the strike sits versus today.
A call and a put are shown as filed. We do not infer whether a leg is a hedge or a leveraged bet, because the filing does not say. Read the strike and expiry, not an implied intent.
The fund book
Tracked 13F holders and how their position moved, quarter over quarter.
13F fund positions on WMB light up when fund ingestion lands. Quarter-end marks, up to 45 days lagged, never live holdings.
Cross-check
When different sources file on the same name inside a window. Overlap like this is rare.
- Alan ArmstrongSenate · Health, Education, Labor & Pensions · Indian Affairs▼
- Wilson Terrance LaneSVP & General Counsel▼
- Wingo Robert R.Executive Vice President▼
- Helms Lloyd W JrDirector▲
- Turner Robb EDirector▲
Last 90 days · 5 filers converging
Sources file on different clocks; an overlap like this is rare.
⚠️ Public information, sourced from STOCK Act, Form 4 and 13F filings. Ranges use midpoints. Price paths between a trade and its filing are market moves, not anyone’s return. Not financial advice.