PAA Director Lawrence Ziemba Sells 2,346 Shares

What Happened

• Lawrence Michael Ziemba, a director of Plains All American Pipeline LP (ticker: PAA), sold 2,346 shares in an open-market transaction on 2026-06-29.
• The shares were disposed at $21.95 per share for a total proceeds of $51,495. This was a sale (not a purchase), which is often routine insider selling and not necessarily a signal about company fundamentals.

Key Details

• Transaction date: 2026-06-29
• Transaction type/code: Open market sale (S)
• Price and size: 2,346 shares at $21.95 per share; total value $51,495
• Shares owned after transaction: Not reported in the provided filing details
• Filing: Form 4 filed 2026-06-30 (timely relative to the reported transaction date)
• No footnotes provided indicating a 10b5-1 plan, gift, tax withholding, or derivative exercise in the supplied data

Context

• Sales by directors are common and can reflect liquidity needs or portfolio rebalancing rather than a view on the company. This report shows a straightforward open-market sale by a director; there is no indication here of option exercises, awards, or gifts.