Plains GP Holdings LP: Evp Richard K. McGee sold 120,000 shares

What happened Richard K. McGee, Evp, general counsel and secretary, made a gift (transaction code G) disposing of 120,000 shares on Sep 30, 2026. The filing reports a price of $0.00 and a total value of $0.

Key details

• Transaction date and price: Sep 30, 2026; price $0.00.
• Shares involved: 120,000 total (30,000 Class A units of Plains AAP, L.P. and corresponding Class B shares of Plains GP Holdings, L.P. to each of his four children, per footnote F1).
• Ownership after the transaction: not stated in the filing.
• Footnotes: F1 describes the gift to each of his four children; F2 states the Class A units and like number of Class B shares may be exchanged one-for-one for Class A shares of PAGP with the reporting person's approval.
• Filing date: Oct 2, 2026. The Form 4 lists the transaction as a gift of derivative/related securities (code G).

Why it may matter

• This was a gift, not a market sale.
• The securities gifted include Class A units of AAP paired with Class B shares of PAGP that may be exchangeable for Class A shares under the stated agreement.
  A filing does not show why the insider traded or why the company acted.