A Form 4 filed on August 12, 2026, reports that Frederick A. Forthuber, a director of Western Midstream Partners, LP (NYSE:WES), purchased 5,140 common units representing limited partner interests on August 12, 2026, at a price of $48.62 per unit.

Key Highlights

  • Reporting person: Frederick A. Forthuber, identified as a Director of Western Midstream Partners, LP.
  • Purchase: 5,140 common units representing limited partner interests acquired on 08/12/2026 at $48.62 per unit (transaction code P).
  • Resulting ownership: Forthuber directly holds 5,140 common units following the reported transaction.
  • Derivative securities: Forthuber also holds 3,778 Phantom Units directly, with a vesting date of 02/12/2027.
  • Phantom Unit terms: Each Phantom Unit is the economic equivalent of one WES Common Unit and, upon vesting, entitles the holder to receive a common unit or, at the discretion of the Board, cash equal to the Fair Market Value of a Common Unit.

Forthuber's Purchase and Derivative Holdings at Western Midstream Partners

According to the filing, Frederick A. Forthuber reported an open-market purchase of 5,140 common units representing limited partner interests in Western Midstream Partners, LP on August 12, 2026. The transaction was recorded under code "P," indicating a purchase, at a price of $48.62 per unit. Following this transaction, the filing states that Forthuber directly owns 5,140 common units.

In addition to the purchased common units, the filing discloses that Forthuber holds 3,778 Phantom Units as derivative securities, owned directly. The filing notes that these Phantom Units are scheduled to become exercisable and expire on 02/12/2027. The filing explains that "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."

The Form 4 was filed by one reporting person and signed by Philip C. Neisel as attorney-in-fact on August 12, 2026. No amendment date is listed, indicating this is an original filing. No foreign trading symbol was identified in the disclosure.

What Was Disclosed

The filing discloses a purchase of 5,140 common units by Director Frederick A. Forthuber at $48.62 per unit on August 12, 2026, resulting in direct ownership of 5,140 units, plus a separate holding of 3,778 Phantom Units vesting on 02/12/2027.