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      <issuerCik>0000107263</issuerCik>
      <issuerName>WILLIAMS COMPANIES, INC.</issuerName>
      <secFileNumber>001-04174</secFileNumber>
      <issuerAddress>
        <com:street1>ONE WILLIAMS CTR</com:street1>
        <com:city>TULSA</com:city>
        <com:stateOrCountry>OK</com:stateOrCountry>
        <com:zipCode>74172</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>9185732000</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Larsen Larry C</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
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    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem Street</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>19013</noOfUnitsSold>
      <aggregateMarketValue>592872.77</aggregateMarketValue>
      <noOfUnitsOutstanding>1218562959</noOfUnitsOutstanding>
      <approxSaleDate>02/27/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
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      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>12/01/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Option Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3371</amountOfSecuritiesAcquired>
      <paymentDate>12/01/2022</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
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    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>02/19/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>623</amountOfSecuritiesAcquired>
      <paymentDate>02/19/2022</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
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    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>02/24/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Vesting</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>15019</amountOfSecuritiesAcquired>
      <paymentDate>02/24/2023</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>02/27/2023</noticeDate>
      <signature>/s/ Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Larry Larsen</signature>
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144
0001917558
XXXXXXXX
LIVE
0000107263
WILLIAMS COMPANIES, INC.
001-04174
ONE WILLIAMS CTR
TULSA
OK
74172
9185732000
Larsen Larry C
Officer
Common Stock
Fidelity Brokerage Services LLC
900 Salem Street
Smithfield
RI
02917
19013
592872.77
1218562959
02/27/2023
NYSE
Common Stock
12/01/2022
Stock Option Exercise
Issuer
N
3371
12/01/2022
Cash
Common Stock
02/19/2022
Restricted Stock Vesting
Issuer
N
623
02/19/2022
Compensation
Common Stock
02/24/2023
Restricted Stock Vesting
Issuer
N
15019
02/24/2023
Compensation
Y
02/27/2023
/s/ Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Larry Larsen