{"schema_version":"secwatch.filing_event.v1","accession":"0001423902-25-000063","form_type":"8-K","ticker":"WES","cik":"0001423902","company_name":"Western Midstream Partners, LP","filed_at":"2025-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.957015+00:00","generated_at":"2026-05-17T19:04:39.614986+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"WES to acquire Aris Water Solutions in $415M cash-plus-stock deal","bullets":["Each Aris share elects 0.625 WES units, $25 cash (capped at $415M total), or 0.450 units + $7 cash.","Aris stockholders expected to own ~7% of WES post-closing.","Aris board unanimously approved; requires Aris stockholder vote, HSR, S-4 effectiveness.","Termination fee of $57M payable by Aris under certain conditions.","Aris and WES also amended Tax Receivable Agreement with $80M cash payment to terminate it."],"urls":{"canonical":"https://secwatch.observer/filing/0001423902-25-000063","json":"https://secwatch.observer/filing/0001423902-25-000063.json","markdown":"https://secwatch.observer/filing/0001423902-25-000063.md","text":"https://secwatch.observer/filing/0001423902-25-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1423902/000142390225000063/0001423902-25-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1423902/000142390225000063/wes-20250806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T19:04:39.614986+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}