Western Midstream (NYSE: WES) SVP corrects filing on tax unit disposition

Rhea-AI Filing Summary

Western Midstream Partners, LP insider activity: SVP, General Counsel and Secretary Christopher B. Dial reported a tax-related share disposition under an amended insider filing. On February 12, 2026, he disposed of 5,879 common units representing limited partner interests at $42.35 per unit to cover tax withholding obligations, rather than through an open-market sale. After this transaction, he directly owned 225,015 common units. A footnote clarifies that the original transaction code was mistakenly reported as a sale and has been corrected to reflect tax-withholding treatment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dial Christopher B.

(Last) (First) (Middle)

9950 WOODLOCH FOREST DR.

(Street)

THE WOODLANDS TX 77380

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Western Midstream Partners, LP [ WES ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, GC and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Units representing limited partner interests	02/12/2026		F(1)		5,879	D	$42.35	225,015	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Original transaction code was S and should have been F.

Remarks:

	/s/ Philip C. Neisel, as attorney-in-fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Christopher B. Dial report at Western Midstream Partners (WES)?

Christopher B. Dial reported a tax-related disposition of 5,879 common units. The units were delivered to satisfy tax withholding obligations, not sold on the open market, and the filing amends a previously mis-coded transaction.

What was the price and total size of the WES insider tax-withholding transaction?

The tax-withholding disposition involved 5,879 Western Midstream Partners common units at $42.35 per unit. This reflects shares delivered to cover tax liabilities associated with equity compensation rather than a discretionary market sale.

How many Western Midstream Partners (WES) units does Christopher B. Dial own after this filing?

After the reported tax-withholding disposition, Christopher B. Dial directly owns 225,015 common units. This remaining stake represents his continuing equity interest in Western Midstream Partners following the delivery of units for tax obligations.

Why was Western Midstream Partners’ Form 4/A for Christopher B. Dial amended?

The Form 4/A was filed to correct the original transaction code from “S” (sale) to “F” (tax-withholding). This clarifies that units were delivered to satisfy tax liabilities, not sold in a discretionary open-market transaction.

Does the WES insider Form 4/A indicate an open-market sale by Christopher B. Dial?

No, the filing indicates a tax-withholding disposition coded “F,” not an open-market sale. Units were surrendered to cover tax obligations associated with equity compensation, and the amendment corrects an earlier misclassification.