[Form 4] Western Midstream Partners, LP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Midstream Partners executive Catherine A. Green, SVP & Chief Accounting Officer, reported multiple equity compensation transactions in common units on February 12, 2026. She acquired WES common units through the exercise and conversion of previously granted phantom and performance units at an exercise price of $0 per unit, then had a portion of those units disposed of under code "F" to cover tax liabilities at prices including $42.35 per unit.
Following these transactions, she directly held 115,036 common units. Green also received new awards of 23,613 2026 Phantom Units and 11,806 each of 2026 Performance Units (TUR and ROA), which can convert into common units (or cash) depending on time-based vesting and three-year performance goals that can result in between 0% and 200% payout per unit.
Positive
- None.
Negative
- None.
Insider Trade Summary
63,315 shares exercised/converted
Mixed
22 txns
Insider
Green Catherine A.
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Phantom Units | 7,018 | $0.00 | -- |
| Exercise | 2023 Performance Unit - TUR | 16,421 | $0.00 | -- |
| Exercise | 2023 Performance Unit - ROA | 19,916 | $0.00 | -- |
| Exercise | 2024 Phantom Units | 11,952 | $0.00 | -- |
| Exercise | 2025 Phantom Units | 8,008 | $0.00 | -- |
| Grant/Award | 2026 Phantom Units | 23,613 | $0.00 | -- |
| Grant/Award | 2026 Performance Unit - TUR | 11,806 | $0.00 | -- |
| Grant/Award | 2026 Performance Unit - ROA | 11,806 | $0.00 | -- |
| Exercise | Common Units representing limited partner interests | 7,018 | $0.00 | -- |
| Tax Withholding | Common Units representing limited partner interests | 2,762 | $42.35 | $117K |
| Exercise | Common Units representing limited partner interests | 11,952 | $0.00 | -- |
| Tax Withholding | Common Units representing limited partner interests | 4,704 | $42.35 | $199K |
| Exercise | Common Units representing limited partner interests | 8,008 | $0.00 | -- |
| Tax Withholding | Common Units representing limited partner interests | 3,152 | $42.35 | $133K |
| Exercise | Common Units representing limited partner interests | 16,421 | $0.00 | -- |
| Tax Withholding | Common Units representing limited partner interests | 6,462 | $6,462.00 | $41.76M |
| Exercise | Common Units representing limited partner interests | 19,916 | $0.00 | -- |
| Tax Withholding | Common Units representing limited partner interests | 7,914 | $42.35 | $335K |
| holding | 2024 Performance Unit - TUR | -- | -- | -- |
| holding | 2024 Performance Unit - ROA | -- | -- | -- |
| holding | 2025 Performance Unit-TUR | -- | -- | -- |
| holding | 2025 Performance Unit-ROA | -- | -- | -- |
Holdings After Transaction:
2023 Phantom Units — 0 shares (Direct);
2023 Performance Unit - TUR — 0 shares (Direct);
2023 Performance Unit - ROA — 0 shares (Direct);
2024 Phantom Units — 11,951 shares (Direct);
2025 Phantom Units — 16,013 shares (Direct);
2026 Phantom Units — 23,613 shares (Direct);
2026 Performance Unit - TUR — 11,806 shares (Direct);
2026 Performance Unit - ROA — 11,806 shares (Direct);
Common Units representing limited partner interests — 83,733 shares (Direct);
2024 Performance Unit - TUR — 17,928 shares (Direct);
2024 Performance Unit - ROA — 17,928 shares (Direct);
2025 Performance Unit-TUR — 12,011 shares (Direct);
2025 Performance Unit-ROA — 12,011 shares (Direct)
Footnotes (1)
- Each Phantom Unit is the economic equivalent of one WES Common Unit representing limited partnership interests, and upon vesting, will entitle the holder to receive a common unit or, at the discretion of the Board of Directors of the General Partner, cash equal to the Fair Market Value of a Common Unit. These Phantom Units vest ratably over a three-year period on February 12th of each year, and will pay distribution equivalent rights in cash on a current basis. Each performance-based unit represents the right to receive, following vesting, between 0% and 200% of one WES Common Unit based upon the achievement of pre-established performance metrics over a 3-year performance period. Each performance-based unit represents the right to receive, following vesting, between 0% and 200% of one WES Common Unit (or cash equivalent) based upon the achievement of pre-established performance metrics over a 3-year performance period.
