Chandler Chris R. bought PAA
August 14, 2025 · Form 4 insider transaction
Chandler Chris R. bought 327,350 shares of Plains All American Pipeline, L.P. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Special long-term retention award of phantom units granted under Long-Term Incentive Plan (includes DERs payable in cash).; One common unit is deliverable, upon vesting, for each Phantom Unit that vests.; These phantom units will vest on the August 2028 distribution date assuming continued service through such date. One-third of the DERs associated with these phantom units will accrue for the first year and be paid in cash in a lump sum on the August 2026 distribution date; beginning in November 2026, this portion of the DERs will be paid quarterly until the phantom units vest or terminate. Beginning with the August 2026 distribution date, an additional one-third of the DERs will vest each year on the August distribution date (such that 100% of the DERs will have vested by the August 2027 distribution date) and will be paid quarterly until the phantom units vest or terminate.