Key facts
- This page summarizes Kristen S. Shults's Form 4 filing for Western Midstream Partners, LP (WES).
- 9 reported transactions and 11 derivative rows are listed below.
- Accepted by SEC: 21 Feb 2025, 16:06.
Kristen S. Shults - 20 Feb 2025 Form 4 Insider Report for Western Midstream Partners, LP (WES)
- Reporting relationship
- SVP & Chief Financial Officer
- Issuer ticker
- WES
- Reported as of
- 20 Feb 2025
- Net transaction value
- -$597,848
- SEC form
- 4
- Accepted by SEC
- 21 Feb 2025, 16:06:01 UTC
- Prior SEC filing
- 14 Feb 2025
- Next SEC filing
- 13 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Philip C. Neisel, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kristen S. Shults filed Form 4 for Western Midstream Partners, LP (WES) on 21 Feb 2025.
Change
- Previous filing in this sequence was filed on 14 Feb 2025.
- Current net transaction value: -$597,848.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WES
transaction
Common Units representing limited partner interests
Options Exercise
- Transaction value
- $0
- Shares
- +16,257
- Change %
- +25%
- Price
- $0.000000
- Shares after
- 82,255
- Date
- 20 Feb 2025
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Tax liability
- Transaction value
- $266,349
- Shares
- -6,398
- Change %
- -7.8%
- Price
- $41.63
- Shares after
- 75,857
- Date
- 20 Feb 2025
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Options Exercise
- Transaction value
- $0
- Shares
- +20,235
- Change %
- +27%
- Price
- $0.000000
- Shares after
- 96,092
- Date
- 20 Feb 2025
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Tax liability
- Transaction value
- $331,500
- Shares
- -7,963
- Change %
- -8.3%
- Price
- $41.63
- Shares after
- 88,129
- Date
- 20 Feb 2025
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WES
transaction
Derivative
2022 Performance Unit - TUR
Options Exercise
- Transaction value
- $0
- Shares
- -16,257
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 16,257
- Exercise price
- Footnotes
- F1
WES
transaction
Derivative
2022 Performance Unit - ROA
Options Exercise
- Transaction value
- $0
- Shares
- -20,235
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 20,235
- Exercise price
- Footnotes
- F1
WES
transaction
Derivative
2025 Phantom Units
Award
- Transaction value
- $0
- Shares
- +30,026
- Change %
- Price
- $0.000000
- Shares after
- 30,026
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 30,026
- Exercise price
- Footnotes
- F2, F3
WES
transaction
Derivative
2025 Performance Unit-TUR
Award
- Transaction value
- $0
- Shares
- +15,013
- Change %
- Price
- $0.000000
- Shares after
- 15,013
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 15,013
- Exercise price
- Footnotes
- F1
WES
transaction
Derivative
2025 Performance Unit-ROA
Award
- Transaction value
- $0
- Shares
- +15,013
- Change %
- Price
- $0.000000
- Shares after
- 15,013
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 15,013
- Exercise price
- Footnotes
- F1
WES
holding
Derivative
2023 Phantom Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,819
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 10,819
- Exercise price
- Footnotes
- F2, F3
WES
holding
Derivative
2023 Performance Unit - TUR
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 16,228
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 16,228
- Exercise price
- Footnotes
- F1
WES
holding
Derivative
2023 Performance Unit - ROA
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 16,228
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 16,228
- Exercise price
- Footnotes
- F1
WES
holding
Derivative
2024 Phantom Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 29,879
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 29,879
- Exercise price
- Footnotes
- F2, F3
WES
holding
Derivative
2024 Performance Unit - TUR
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22,409
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 22,409
- Exercise price
- Footnotes
- F1
WES
holding
Derivative
2024 Performance Unit - ROA
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22,409
- Date
- 20 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 22,409
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
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.
Footnote F2
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.
Footnote F3
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.