Form 4: Western Midstream Partners Director Lisa A. Stewart Increases Stake in Company

Director Lisa A. Stewart reports purchasing 2,500 common units of Western Midstream Partners, LP (WES) at $34.87 per unit on March 6, 2024, increasing her total holdings to 30,730 units.

Summary

• On March 6, 2024, Lisa A. Stewart, a director of Western Midstream Partners, LP (WES), purchased 2,500 common units of the company at a price of $34.87 per unit.
• This transaction increased Stewart's direct ownership to 30,730 common units.
• Stewart also holds 5,199 phantom units, each equivalent to one WES common unit, which vest on February 12, 2025, and can be settled in cash or common units at the discretion of the Board of Directors.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing. The director's purchase is a slightly positive signal, but not significantly impactful.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Purchases by directors are often seen as a positive sign.

Stakeholder Impact

• The director's purchase could have a slightly positive impact on shareholder sentiment.

Key Dates