Key facts
- This page summarizes Kristen S. Shults's Form 4 filing for Western Midstream Partners, LP (WES).
- 18 reported transactions and 12 derivative rows are listed below.
- Accepted by SEC: 13 Feb 2026, 17:17.
Kristen S. Shults - 12 Feb 2026 Form 4 Insider Report for Western Midstream Partners, LP (WES)
- Reporting relationship
- SVP & Chief Financial Officer
- Issuer ticker
- WES
- Reported as of
- 12 Feb 2026
- Net transaction value
- -$1,531,588
- SEC form
- 4
- Accepted by SEC
- 13 Feb 2026, 17:17:36 UTC
- Prior SEC filing
- 21 Feb 2025
- 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.
4 source fields
Reporting owner
1 detail
Key filing fact
Kristen S. Shults filed Form 4 for Western Midstream Partners, LP (WES) on 13 Feb 2026.
Change
- Previous filing in this sequence was filed on 21 Feb 2025.
- Current net transaction value: -$1,531,588.
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.
Reporting Owners (1)
CIK 0001925496
Primary reporting owner
Shults Kristen S.
- Relationship
- SVP & Chief Financial Officer
- Address
- 9950 WOODLOCH FOREST DR., THE WOODLANDS
- Signature
- /s/ Philip C. Neisel, as attorney-in-fact
- Signature date
- 13 Feb 2026
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
- +10,819
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 98,948
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Tax liability
- Transaction value
- $180,326
- Shares
- -4,258
- Change %
- -4.3%
- Price
- $42.35
- Shares after
- 94,690
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Options Exercise
- Transaction value
- $0
- Shares
- +14,940
- Change %
- +16%
- Price
- $0.000000
- Shares after
- 109,630
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Tax liability
- Transaction value
- $248,976
- Shares
- -5,879
- Change %
- -5.4%
- Price
- $42.35
- Shares after
- 103,751
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Options Exercise
- Transaction value
- $0
- Shares
- +10,009
- Change %
- +9.6%
- Price
- $0.000000
- Shares after
- 113,760
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Tax liability
- Transaction value
- $166,817
- Shares
- -3,939
- Change %
- -3.5%
- Price
- $42.35
- Shares after
- 109,821
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Options Exercise
- Transaction value
- $0
- Shares
- +25,316
- Change %
- +23%
- Price
- $0.000000
- Shares after
- 135,137
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Tax liability
- Transaction value
- $421,891
- Shares
- -9,962
- Change %
- -7.4%
- Price
- $42.35
- Shares after
- 125,175
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Options Exercise
- Transaction value
- $0
- Shares
- +30,704
- Change %
- +25%
- Price
- $0.000000
- Shares after
- 155,879
- Date
- 12 Feb 2026
- Ownership
- Direct
WES
transaction
Common Units representing limited partner interests
Tax liability
- Transaction value
- $513,578
- Shares
- -12,127
- Change %
- -7.8%
- Price
- $42.35
- Shares after
- 143,752
- Date
- 12 Feb 2026
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WES
transaction
Derivative
2023 Phantom Units
Options Exercise
- Transaction value
- $0
- Shares
- -10,819
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 10,819
- Exercise price
- Footnotes
- F1, F2
WES
transaction
Derivative
2023 Performance Unit - TUR
Options Exercise
- Transaction value
- $0
- Shares
- -25,316
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 25,316
- Exercise price
- Footnotes
- F3
WES
transaction
Derivative
2023 Performance Unit - ROA
Options Exercise
- Transaction value
- $0
- Shares
- -30,704
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 30,704
- Exercise price
- Footnotes
- F3
WES
transaction
Derivative
2024 Phantom Units
Options Exercise
- Transaction value
- $0
- Shares
- -14,940
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 14,939
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 14,940
- Exercise price
- Footnotes
- F1, F2
WES
transaction
Derivative
2025 Phantom Units
Options Exercise
- Transaction value
- $0
- Shares
- -10,009
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 20,017
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 10,009
- Exercise price
- Footnotes
- F1, F2
WES
transaction
Derivative
2026 Phantom Units
Award
- Transaction value
- $0
- Shares
- +35,419
- Change %
- Price
- $0.000000
- Shares after
- 35,419
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 35,419
- Exercise price
- Footnotes
- F1, F2
WES
transaction
Derivative
2026 Performance Unit - TUR
Award
- Transaction value
- $0
- Shares
- +17,710
- Change %
- Price
- $0.000000
- Shares after
- 17,710
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 17,710
- Exercise price
- Footnotes
- F4
WES
transaction
Derivative
2026 Performance Unit - ROA
Award
- Transaction value
- $0
- Shares
- +17,710
- Change %
- Price
- $0.000000
- Shares after
- 17,710
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 17,710
- Exercise price
- Footnotes
- F4
WES
holding
Derivative
2024 Performance Unit - TUR
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22,409
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 22,409
- Exercise price
- Footnotes
- F3
WES
holding
Derivative
2024 Performance Unit - ROA
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22,409
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 22,409
- Exercise price
- Footnotes
- F3
WES
holding
Derivative
2025 Performance Unit-TUR
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 15,013
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 15,013
- Exercise price
- Footnotes
- F3
WES
holding
Derivative
2025 Performance Unit-ROA
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 15,013
- Date
- 12 Feb 2026
- Ownership
- Direct
- Underlying class
- Common Units representing limited partner interests
- Underlying amount
- 15,013
- Exercise price
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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.
Footnote 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.
Footnote 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.
Footnote 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.