secwatch.observer — SEC 8-K summary
======================================

Issuer:     Western Midstream Operating, LP (—)
CIK:        0001414475
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001414475-25-000005
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Western Midstream SVP/Chief Commercial Officer Bourne to retire effective March 3, 2025
--------------------------------------------------------------------------------

- Robert W. Bourne steps down as SVP and Chief Commercial Officer on March 3, 2025, remaining as advisor.
- Post-retirement, Bourne to serve as consultant for six months at $77,250/month.
- Receives pro rata 2025 bonus, accelerated equity vesting, new $2.1M time-vested and $500K performance awards.
- Non-compete and non-solicitation covenants extend two years after retirement date.
- Retirement agreement includes general release of claims and supplemental release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414475/000141447525000005/0001414475-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414475/000141447525000005/wes-20250218.htm
  HTML page:      https://secwatch.observer/filing/0001414475-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer