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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Feb 2026, 17:20:47 UTC
Prior SEC filing
21 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Philip C. Neisel, as attorney-in-fact

Key filing fact

Daniel P. Holderman filed Form 4 for Western Midstream Partners, LP (WES) on 13 Feb 2026.

Key facts

  • This page summarizes Daniel P. Holderman'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, 17:20.

Change

  • Previous filing in this sequence was filed on 21 Feb 2025.
  • Current net transaction value: -$1,531,037.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001942513 Primary reporting owner

Holderman Daniel P.

Relationship
SVP & Chief Operating 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 %
+30%
Price
$0.000000
Shares after
46,567
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Tax liability

Transaction value
$180,326
Shares
-4,258
Change %
-9.1%
Price
$42.35
Shares after
42,309
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Options Exercise

Transaction value
$0
Shares
+14,940
Change %
+35%
Price
$0.000000
Shares after
57,249
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Tax liability

Transaction value
$248,976
Shares
-5,879
Change %
-10%
Price
$42.35
Shares after
51,370
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Options Exercise

Transaction value
$0
Shares
+10,009
Change %
+19%
Price
$0.000000
Shares after
61,379
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Tax liability

Transaction value
$166,817
Shares
-3,939
Change %
-6.4%
Price
$42.35
Shares after
57,440
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Options Exercise

Transaction value
$0
Shares
+25,316
Change %
+44%
Price
$0.000000
Shares after
82,756
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Tax liability

Transaction value
$421,891
Shares
-9,962
Change %
-12%
Price
$42.35
Shares after
72,794
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Options Exercise

Transaction value
$0
Shares
+30,704
Change %
+42%
Price
$0.000000
Shares after
103,498
Date
12 Feb 2026
Ownership
Direct
WES transaction

Common Units representing limited partner interests

Tax liability

Transaction value
$513,028
Shares
-12,114
Change %
-12%
Price
$42.35
Shares after
91,384
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.

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