Western Midstream Partners LP

02/13/2026 | Press release | Distributed by Public on 02/13/2026 16:18

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Green Catherine A.
2. Issuer Name and Ticker or Trading Symbol
Western Midstream Partners, LP [WES]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP & Chief Accounting Officer
(Last) (First) (Middle)
9950 WOODLOCH FOREST DR.
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
(Street)
THE WOODLANDS, TX 77380
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Units representing limited partner interests 02/12/2026 M 7,018 A $ 0 83,733 D
Common Units representing limited partner interests 02/12/2026 F 2,762 D $42.35 80,971 D
Common Units representing limited partner interests 02/12/2026 M 11,952 A $ 0 92,923 D
Common Units representing limited partner interests 02/12/2026 F 4,704 D $42.35 88,219 D
Common Units representing limited partner interests 02/12/2026 M 8,008 A $ 0 96,227 D
Common Units representing limited partner interests 02/12/2026 F 3,152 D $42.35 93,075 D
Common Units representing limited partner interests 02/12/2026 M 16,421 A $ 0 109,496 D
Common Units representing limited partner interests 02/12/2026 F 6,462 D $6,462 103,034 D
Common Units representing limited partner interests 02/12/2026 M 19,916 A $ 0 122,950 D
Common Units representing limited partner interests 02/12/2026 F 7,914 D $42.35 115,036 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
2023 Phantom Units (1) 02/12/2026 M 7,018 (2) 02/12/2026 Common Units representing limited partner interests 7,018 $ 0 0 D
2023 Performance Unit - TUR (3) 02/12/2026 M 16,421 02/12/2026 02/12/2026 Common Units representing limited partner interests 16,421 $ 0 0 D
2023 Performance Unit - ROA (3) 02/12/2026 M 19,916 02/12/2026 02/12/2026 Common Units representing limited partner interests 19,916 $ 0 0 D
2024 Phantom Units (1) 02/12/2026 M 11,952 (2) 02/12/2027 Common Units representing limited partner interests 11,952 $ 0 11,951 D
2024 Performance Unit - TUR (3) 02/12/2027 02/12/2027 Common Units representing limited partner interests 17,928 17,928 D
2024 Performance Unit - ROA (3) 02/12/2027 02/12/2027 Common Units representing limited partner interests 17,928 17,928 D
2025 Phantom Units (1) 02/12/2026 M 8,008 (2) 02/12/2028 Common Units representing limited partner interests 8,008 $ 0 16,013 D
2025 Performance Unit-TUR (3) 02/12/2028 02/12/2028 Common Units representing limited partner interests 12,011 12,011 D
2025 Performance Unit-ROA (3) 02/12/2028 02/12/2028 Common Units representing limited partner interests 12,011 12,011 D
2026 Phantom Units (1) 02/12/2026 A 23,613 (2) 02/12/2029 Common Units representing limited partner interests 23,613 $ 0 23,613 D
2026 Performance Unit - TUR (4) 02/12/2026 A 11,806 02/12/2029 02/12/2029 Common Units representing limited partner interests 11,806 $ 0 11,806 D
2026 Performance Unit - ROA (4) 02/12/2026 A 11,806 02/12/2029 02/12/2029 Common Units representing limited partner interests 11,806 $ 0 11,806 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Green Catherine A.
9950 WOODLOCH FOREST DR.
THE WOODLANDS, TX 77380
SVP & Chief Accounting Officer

Signatures

/s/ Philip C. Neisel, as attorney-in-fact 02/13/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 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.
(2) 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.
(3) 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.
(4) 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Western Midstream Partners LP published this content on February 13, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 13, 2026 at 22:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]