A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 12 filings in this group are Form 4s for Western Midstream Partners, LP.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 12 insider filings shown, the breakdown is 9 compensation award, 2 open-market purchase and 1 open-market sale. 3 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market purchase
Insider Buying
2026-08-12
WES insider Forthuber Frederick A. (Director) bought 5,140 shares (~$249.9K)
Forthuber Frederick A., listed as Director at Western Midstream Partners, LP, reported an open-market purchase of 5,140 WES shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
5,140 |
$48.62 |
$249.9K |
Filing: Form 4 (Insider Transaction)
Insider: Forthuber Frederick A. (Director)
Shares: 5,140
Est. Value: $249.9K
Form 4
Open-market purchase
Insider Buying
2026-03-12
WES insider PHILLIPS ROBERT G (Director) bought 1,250 shares (~$50.2K)
PHILLIPS ROBERT G, listed as Director at Western Midstream Partners, LP, reported an open-market purchase of 1,250 WES shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
1,250 |
$40.19 |
$50.2K |
Filing: Form 4 (Insider Transaction)
Insider: PHILLIPS ROBERT G (Director)
Shares: 1,250
Est. Value: $50.2K
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
Brown Oscar K (Director, President & CEO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
24,022 |
— |
— |
F |
Tax withholding on vested shares
|
10,510 |
$42.35 |
$445.1K |
M |
Option exercise
derivative · 2025 Phantom Units
|
24,022 |
— |
— |
A |
Compensation award
derivative · 2026 Phantom Units
|
94,451 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - TUR
|
47,226 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - ROA
|
47,226 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Brown Oscar K (Director, President & CEO)
Shares: 34,532
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
SCHULTE DAVID J (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,843 |
— |
— |
A |
Compensation award
derivative · Phantom Units
|
3,778 |
— |
— |
M |
Option exercise
derivative · Phantom Units
|
3,843 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SCHULTE DAVID J (Director)
Shares: 3,843
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
Forthuber Frederick A. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Units
|
3,778 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Forthuber Frederick A. (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
STEWART LISA A (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,843 |
— |
— |
M |
Option exercise
derivative · Phantom Units
|
3,843 |
— |
— |
A |
Compensation award
derivative · Phantom Units
|
3,778 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: STEWART LISA A (Director)
Shares: 3,843
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
PHILLIPS ROBERT G (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
4,046 |
— |
— |
M |
Option exercise
derivative · Phantom Units
|
4,046 |
— |
— |
A |
Compensation award
derivative · Phantom Units
|
3,778 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: PHILLIPS ROBERT G (Director)
Shares: 4,046
Form 4
Open-market sale
Insider Selling
2026-02-13
WES insider Dial Christopher B. (SVP, GC and Secretary) sold 5,879 shares (~$249.0K)
Dial Christopher B., listed as SVP, GC and Secretary at Western Midstream Partners, LP, reported an open-market sale of 5,879 WES shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
10,819 |
— |
— |
F |
Tax withholding on vested shares
|
4,258 |
$42.35 |
$180.3K |
M |
Option exercise
|
14,940 |
— |
— |
S |
Open-market sale
|
5,879 |
$42.35 |
$249.0K |
M |
Option exercise
|
10,009 |
— |
— |
F |
Tax withholding on vested shares
|
3,939 |
$42.35 |
$166.8K |
M |
Option exercise
|
25,316 |
— |
— |
F |
Tax withholding on vested shares
|
9,962 |
$42.35 |
$421.9K |
M |
Option exercise
|
30,704 |
— |
— |
F |
Tax withholding on vested shares
|
12,124 |
$42.35 |
$513.5K |
M |
Option exercise
derivative · 2023 Phantom Units
|
10,819 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - TUR
|
25,316 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - ROA
|
30,704 |
— |
— |
M |
Option exercise
derivative · 2024 Phantom Units
|
14,940 |
— |
— |
M |
Option exercise
derivative · 2025 Phantom Units
|
10,009 |
— |
— |
A |
Compensation award
derivative · 2026 Phantom Units
|
32,468 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - TUR
|
16,234 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - ROA
|
16,234 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Dial Christopher B. (SVP, GC and Secretary)
Shares: 5,879
Est. Value: $249.0K
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
Owen Kenneth F. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
3,843 |
— |
— |
M |
Option exercise
derivative · Phantom Units
|
3,843 |
— |
— |
A |
Compensation award
derivative · Phantom Units
|
3,778 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Owen Kenneth F. (Director)
Shares: 3,843
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
Holderman Daniel P. (SVP & Chief Operating Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
10,819 |
— |
— |
F |
Tax withholding on vested shares
|
4,258 |
$42.35 |
$180.3K |
M |
Option exercise
|
14,940 |
— |
— |
F |
Tax withholding on vested shares
|
5,879 |
$42.35 |
$249.0K |
M |
Option exercise
|
10,009 |
— |
— |
F |
Tax withholding on vested shares
|
3,939 |
$42.35 |
$166.8K |
M |
Option exercise
|
25,316 |
— |
— |
F |
Tax withholding on vested shares
|
9,962 |
$42.35 |
$421.9K |
M |
Option exercise
|
30,704 |
— |
— |
F |
Tax withholding on vested shares
|
12,114 |
$42.35 |
$513.0K |
M |
Option exercise
derivative · 2023 Phantom Units
|
10,819 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - TUR
|
25,316 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - ROA
|
30,704 |
— |
— |
M |
Option exercise
derivative · 2024 Phantom Units
|
14,940 |
— |
— |
M |
Option exercise
derivative · 2025 Phantom Units
|
10,009 |
— |
— |
A |
Compensation award
derivative · 2026 Phantom Units
|
35,419 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - TUR
|
17,710 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - ROA
|
17,710 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Holderman Daniel P. (SVP & Chief Operating Officer)
Shares: 127,940
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
Green Catherine A. (SVP & Chief Accounting Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
7,018 |
— |
— |
F |
Tax withholding on vested shares
|
2,762 |
$42.35 |
$117.0K |
M |
Option exercise
|
11,952 |
— |
— |
F |
Tax withholding on vested shares
|
4,704 |
$42.35 |
$199.2K |
M |
Option exercise
|
8,008 |
— |
— |
F |
Tax withholding on vested shares
|
3,152 |
$42.35 |
$133.5K |
M |
Option exercise
|
16,421 |
— |
— |
F |
Tax withholding on vested shares
|
6,462 |
$6,462.00 |
$41.76M |
M |
Option exercise
|
19,916 |
— |
— |
F |
Tax withholding on vested shares
|
7,914 |
$42.35 |
$335.2K |
M |
Option exercise
derivative · 2023 Phantom Units
|
7,018 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - TUR
|
16,421 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - ROA
|
19,916 |
— |
— |
M |
Option exercise
derivative · 2024 Phantom Units
|
11,952 |
— |
— |
M |
Option exercise
derivative · 2025 Phantom Units
|
8,008 |
— |
— |
A |
Compensation award
derivative · 2026 Phantom Units
|
23,613 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - TUR
|
11,806 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - ROA
|
11,806 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Green Catherine A. (SVP & Chief Accounting Officer)
Shares: 88,309
Form 4
Compensation award
Tax / Compensation Filing
2026-02-13
WES insider Form 4 filed for equity award, exercise, or tax withholding
Shults Kristen S. (SVP & Chief Financial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
10,819 |
— |
— |
F |
Tax withholding on vested shares
|
4,258 |
$42.35 |
$180.3K |
M |
Option exercise
|
14,940 |
— |
— |
F |
Tax withholding on vested shares
|
5,879 |
$42.35 |
$249.0K |
M |
Option exercise
|
10,009 |
— |
— |
F |
Tax withholding on vested shares
|
3,939 |
$42.35 |
$166.8K |
M |
Option exercise
|
25,316 |
— |
— |
F |
Tax withholding on vested shares
|
9,962 |
$42.35 |
$421.9K |
M |
Option exercise
|
30,704 |
— |
— |
F |
Tax withholding on vested shares
|
12,127 |
$42.35 |
$513.6K |
M |
Option exercise
derivative · 2023 Phantom Units
|
10,819 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - TUR
|
25,316 |
— |
— |
M |
Option exercise
derivative · 2023 Performance Unit - ROA
|
30,704 |
— |
— |
M |
Option exercise
derivative · 2024 Phantom Units
|
14,940 |
— |
— |
M |
Option exercise
derivative · 2025 Phantom Units
|
10,009 |
— |
— |
A |
Compensation award
derivative · 2026 Phantom Units
|
35,419 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - TUR
|
17,710 |
— |
— |
A |
Compensation award
derivative · 2026 Performance Unit - ROA
|
17,710 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Shults Kristen S. (SVP & Chief Financial Officer)
Shares: 127,953