Form 4: Alexandra Pruner Reports Changes in Beneficial Ownership of Plains GP Holdings LP
SEC Form 4 Filing
Director Alexandra Pruner reports acquisition and disposal of Class A Shares and Phantom Class A Shares in Plains GP Holdings LP.
Summary
- On August 14, 2024, Alexandra Pruner, a director of Plains GP Holdings LP, reported transactions involving Class A Shares and Phantom Class A Shares.
- Pruner acquired 15,290 Class A Shares at $0 and disposed of 53,294 Class A Shares.
- Following these transactions, Pruner directly owns 53,294 Class A Shares.
- Additionally, Pruner acquired 8,050 Class A Shares at $0, resulting in direct ownership of 61,344 Class A Shares.
- Pruner also acquired 15,290 Phantom Class A Shares and 8,050 Phantom Class A Shares on August 14, 2024, and 7,650 Phantom Class A Shares on August 15, 2024.
- These Phantom Class A shares vest upon termination of service as a director, excluding death, disability, or retirement.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.
Industry Context
This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It may influence investor perception of the company based on the director's trading activity.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of earliest transaction involving Class A Shares and Phantom Class A Shares. |
| 08/15/2024 | Date of acquisition of additional Phantom Class A Shares. |
| 08/15/2024 | Date of signature for the report. |
| 08/14/2025 | Expiration date for Phantom Class A Shares. |
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