Form 4: Plains All American Pipeline CEO Receives Stock Grant
Insider Transaction (Form 4)
Willie Cw Chiang, Chairman & CEO and a Director of Plains All American Pipeline Lp, reported multiple transactions in common stock on August 13, 2026.
Summary
- Option exercise/conversion: acquired 346,357 Common Units on August 14, 2026; holds 1,533,148 after (Direct).
- Tax/exercise-price withholding: disposed of 136,292 Common Units at $23.45 ($3,196,047) on August 14, 2026; holds 1,396,856 after (Direct).
- Option exercise/conversion: disposed of 346,357 Phantom Units on August 14, 2026 (Direct).
- Grant/award: acquired 373,000 Phantom Units on August 13, 2026; holds 373,000 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Willie Cw Chiang — Director, Officer (Chairman & CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-14 | Option exercise/conversion | Common Units | 346,357 | — | — | 1,533,148 |
| 2026-08-14 | Tax/exercise-price withholding | Common Units | 136,292 | $23 | $3.2M | 1,396,856 |
| 2026-08-14 | Option exercise/conversion | Phantom Units | 346,357 | — | — | 0 |
| 2026-08-13 | Grant/award | Phantom Units | 373,000 | — | — | 373,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Option exercise/conversion (346,357 shares) |
| 2026-08-14 | Tax/exercise-price withholding (136,292 shares) |
| 2026-08-14 | Option exercise/conversion (346,357 shares) |
| 2026-08-13 | Grant/award (373,000 shares) |
Keywords
insider transaction, Form 4, PAA, PLAINS ALL AMERICAN PIPELINE LP, neutral, Willie Cw Chiang
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