Western Midstream Partners, LP·4/A

Feb 19, 4:29 PM ET

Dial Christopher B. 4/A

Research Summary

AI-generated summary

Updated

Western Midstream (WES) SVP/GC Christopher Dial Withholds 5,879 Shares

What Happened

  • Christopher B. Dial, Senior Vice President, General Counsel and Secretary of Western Midstream Partners, had 5,879 common units disposed on 2026-02-12 as a payment to cover an exercise price or tax liability. The shares were recorded at $42.35 each, totaling $248,976. This was a tax/withholding-related disposal (not a voluntary open-market sale).

Key Details

  • Transaction date and price: 2026-02-12 — 5,879 shares at $42.35 per share (total $248,976).
  • Transaction type/code: F — Payment of exercise price or tax liability (footnote notes original code was S and was corrected to F).
  • Filing status: Amended Form 4 filed 2026-02-19 correcting the transaction code; the amendment was filed seven days after the transaction (later than the usual 2-business-day Form 4 window).
  • Shares owned after transaction: Not specified in the provided filing excerpt.

Context

  • This action reflects shares withheld/surrendered to satisfy tax or exercise obligations related to a derivative/option event, a common administrative step and not necessarily a market-view indication by the insider.
  • The amendment correcting the transaction code (from S to F) clarifies the nature of the disposal — that it was for tax/price payment rather than an outright sale.