Form 4: Plains GP Holdings Director John T. Raymond Reports Share Transactions

Director John T. Raymond reports acquisition and disposal of Class A Shares and Phantom Class A Shares in Plains GP Holdings LP.

Summary

• John T. Raymond, a director of Plains GP Holdings LP, filed a Form 4 detailing changes in beneficial ownership.
• On August 14, 2024, Raymond acquired 15,290 Class A Shares and disposed of 15,290 Phantom Class A Shares.
• Also on August 14, 2024, he acquired 8,050 Class A Shares and disposed of 8,050 Phantom Class A Shares.
• On August 15, 2024, Raymond acquired 7,650 Phantom Class A Shares, which vest upon termination of service as a director (excluding death, disability, or retirement), and expire on August 14, 2025.
• Following these transactions, Raymond directly owns 295,844 Class A Shares and 7,650 Phantom Class A Shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency into the actions of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates