Daniel P. Holderman - 12 Feb 2026 Form 4 Insider Report for Western Midstream Partners, LP (WES)

Role
SVP & Chief Operating Officer
Signature
/s/ Philip C. Neisel, as attorney-in-fact
Issuer symbol
WES
Transactions as of
12 Feb 2026
Net transactions value
-$1,531,037
Form type
4
Filing time
13 Feb 2026, 17:20:47 UTC
Previous filing
21 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Holderman Daniel P. SVP & Chief Operating Officer 9950 WOODLOCH FOREST DR., THE WOODLANDS /s/ Philip C. Neisel, as attorney-in-fact 13 Feb 2026 0001942513

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WES Common Units representing limited partner interests Options Exercise $0 +10,819 +30% $0.000000 46,567 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Tax liability $180,326 -4,258 -9.1% $42.35 42,309 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Options Exercise $0 +14,940 +35% $0.000000 57,249 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Tax liability $248,976 -5,879 -10% $42.35 51,370 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Options Exercise $0 +10,009 +19% $0.000000 61,379 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Tax liability $166,817 -3,939 -6.4% $42.35 57,440 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Options Exercise $0 +25,316 +44% $0.000000 82,756 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Tax liability $421,891 -9,962 -12% $42.35 72,794 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Options Exercise $0 +30,704 +42% $0.000000 103,498 12 Feb 2026 Direct
transaction WES Common Units representing limited partner interests Tax liability $513,028 -12,114 -12% $42.35 91,384 12 Feb 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WES 2023 Phantom Units Options Exercise $0 -10,819 -100% $0.000000 0 12 Feb 2026 Common Units representing limited partner interests 10,819 Direct F1, F2
transaction WES 2023 Performance Unit - TUR Options Exercise $0 -25,316 -100% $0.000000 0 12 Feb 2026 Common Units representing limited partner interests 25,316 Direct F3
transaction WES 2023 Performance Unit - ROA Options Exercise $0 -30,704 -100% $0.000000 0 12 Feb 2026 Common Units representing limited partner interests 30,704 Direct F3
transaction WES 2024 Phantom Units Options Exercise $0 -14,940 -50% $0.000000 14,939 12 Feb 2026 Common Units representing limited partner interests 14,940 Direct F1, F2
transaction WES 2025 Phantom Units Options Exercise $0 -10,009 -33% $0.000000 20,017 12 Feb 2026 Common Units representing limited partner interests 10,009 Direct F1, F2
transaction WES 2026 Phantom Units Award $0 +35,419 $0.000000 35,419 12 Feb 2026 Common Units representing limited partner interests 35,419 Direct F1, F2
transaction WES 2026 Performance Unit - TUR Award $0 +17,710 $0.000000 17,710 12 Feb 2026 Common Units representing limited partner interests 17,710 Direct F4
transaction WES 2026 Performance Unit - ROA Award $0 +17,710 $0.000000 17,710 12 Feb 2026 Common Units representing limited partner interests 17,710 Direct F4
holding WES 2024 Performance Unit - TUR 22,409 12 Feb 2026 Common Units representing limited partner interests 22,409 Direct F3
holding WES 2024 Performance Unit - ROA 22,409 12 Feb 2026 Common Units representing limited partner interests 22,409 Direct F3
holding WES 2025 Performance Unit-TUR 15,013 12 Feb 2026 Common Units representing limited partner interests 15,013 Direct F3
holding WES 2025 Performance Unit-ROA 15,013 12 Feb 2026 Common Units representing limited partner interests 15,013 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 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.