CHIANG WILLIE CW (EVP & COO) exercised options at PLAINS ALL AMERICAN PIPELINE LP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/18/2025ACC: 0001062993-25-014614
DirectorOfficer· EVP & COO
Since Aug 2018
+196.57K
Net shares
Net buyer
$3.93M
Total sold
0
Open market trades
0B · 0S
6
Total transactions
1.48M acquired · 1.28M disposed
Non-Derivative Transactions2
Common Units
Direct
Shares
+561.05K
Price / share
—
Trade value
—
% of position
66.3%
8/14/2025
846.51K→1.41M
Common Units
Direct
Shares
−220.78K
Price / share
$17.78
Trade value
$3.93M
% of position
15.7%
8/14/2025
1.41M→1.19M
Total
Net shares
+340.28K
Net value
-$3.93M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Units Direct | 8/14/2025 | M · Option Exercise | +561.05K | — | — | 66.3% | 846.51K | 1.41M |
| Common Units Direct | 8/14/2025 | F · Tax Withholding | −220.78K | $17.78 | $3.93M | 15.7% | 1.41M | 1.19M |
| Total | +340.28K | -$3.93M | ||||||
Derivative Transactions4
Phantom Units
Direct
Converts to
Common Units
561.05K shares
Shares
−561.05K
Strike price
Held after
0.00
Exercisable
—
8/14/2025
Phantom Units
Direct
Converts to
Common Units
417.35K shares
Shares
+417.35K
Strike price
Held after
417.35K
Exercisable
—
8/14/2025
Phantom Units
Direct
Converts to
Common Units
500K shares
Shares
−500K
Strike price
Held after
0.00
Exercisable
—
8/14/2025
Phantom Units
Direct
Converts to
Common Units
500K shares
Shares
+500K
Strike price
Held after
500K
Exercisable
—
8/14/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Phantom Units Direct | Common Units561.05K shares | 8/14/2025 | M · Option Exercise | −561.05K | — | 0.00 | |
| Phantom Units Direct | Common Units417.35K shares | 8/14/2025 | A · Award | +417.35K | — | 417.35K | |
| Phantom Units Direct | Common Units500K shares | 8/14/2025 | D · Disposition | −500K | — | 0.00 | |
| Phantom Units Direct | Common Units500K shares | 8/14/2025 | A · Award | +500K | — | 500K |