PAAPlains All American Pipeline Lp

Insider trades (Form 4)

Directors, top managers and anyone owning more than 10% of a company must report every time they buy, sell or receive its shares, within two business days, on a Form 4. Here is what Plains All American Pipeline Lp's insiders did over the last year, and what each kind of trade means.

Bought on the open market$00 trades by 0 people

Sold on the open market$51.5K1 trade by 1 person

Sales that were planned ahead0%made under a pre-set trading plan (Rule 10b5-1)

Filings read11every Form 4 in the last year

Buying and selling, month by month

Open-market trades only, by value. Tap a month.

DecJanFebMarAprMayJunJulAugSepOctNov

■ above the line: bought · ■ below: sold

Who traded

Person and role	Bought	Sold	Shares held after
Lawrence Michael ZiembaDirector	–	$51.5K	–
Chris HerboldSr. VP Finance & CAO	–	–	341.1K
Al SwansonChief financial officer (EVP & CFO)	–	–	711.1K
Richard K. McGeeChief lawyer (EVP, General Counsel & Sec.)	–	–	715.5K
Jeremy L. GoebelEVP & CCO	–	–	500.0K
Chris R. ChandlerChief operating officer (EVP & COO)	–	–	993.9K
Willie CW ChiangChief executive (Chairman & CEO) · Director	–	–	1.5M
PAA GP Holdings LLC and Plains AAP L.P. and Plains All American GP LLC and Plains Gp Holdings LPDirector · Owns over 10%	–	–	233.1M

Every trade (36)

Sep 30, 2026Gave shares away (gift)Richard K. McGee · Chief lawyer (EVP, General Counsel & Sec.)A gift, often to family or charity. No money changes hands. (Class A Units/Class B Shares) Form 4−120,000 unitsno price (not a sale)owns 294,607 after
Sep 14, 2026Handed shares back to the companyHeld indirectly (trust, family…)John T Raymond · DirectorShares returned to the company, not sold on the market. (Series A Convertible Preferred Units) Form 4−20,376,259 unitsat $28.88
Aug 14, 2026Turned options or share units into sharesChris Herbold · Sr. VP Finance & CAOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+100,000 sharesno price (not a sale)owns 341,073 after
Aug 14, 2026Turned options or share units into sharesChris Herbold · Sr. VP Finance & CAOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+40,609 sharesno price (not a sale)owns 381,682 after
Aug 14, 2026Shares kept back to pay taxChris Herbold · Sr. VP Finance & CAOWhen share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−54,241 sharesat $23.45 = $1.3Mowns 327,441 after
Aug 14, 2026Turned options or share units into sharesChris Herbold · Sr. VP Finance & CAOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−100,000 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesChris Herbold · Sr. VP Finance & CAOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−40,609 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesAl Swanson · Chief financial officer (EVP & CFO)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+109,165 sharesno price (not a sale)owns 711,066 after
Aug 14, 2026Shares kept back to pay taxAl Swanson · Chief financial officer (EVP & CFO)When share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−42,957 sharesat $23.45 = $1.0Mowns 668,109 after
Aug 14, 2026Turned options or share units into sharesAl Swanson · Chief financial officer (EVP & CFO)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−109,165 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesRichard K. McGee · Chief lawyer (EVP, General Counsel & Sec.)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+109,165 sharesno price (not a sale)owns 715,518 after
Aug 14, 2026Shares kept back to pay taxRichard K. McGee · Chief lawyer (EVP, General Counsel & Sec.)When share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−42,957 sharesat $23.45 = $1.0Mowns 672,561 after
Aug 14, 2026Turned options or share units into sharesRichard K. McGee · Chief lawyer (EVP, General Counsel & Sec.)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−109,165 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesJeremy L. Goebel · EVP & CCOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+500,000 sharesno price (not a sale)owns 500,000 after
Aug 14, 2026Turned options or share units into sharesJeremy L. Goebel · EVP & CCOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+140,691 sharesno price (not a sale)owns 640,691 after
Aug 14, 2026Shares kept back to pay taxJeremy L. Goebel · EVP & CCOWhen share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−252,112 sharesat $23.45 = $5.9Mowns 388,579 after
Aug 14, 2026Gave shares away (gift)Jeremy L. Goebel · EVP & CCOA gift, often to family or charity. No money changes hands. Form 4−388,579 sharesno price (not a sale)
Aug 14, 2026Gave shares away (gift)Held indirectly (trust, family…)Jeremy L. Goebel · EVP & CCOA gift, often to family or charity. No money changes hands. Form 4+388,579 sharesno price (not a sale)owns 907,515 after
Aug 14, 2026Turned options or share units into sharesJeremy L. Goebel · EVP & CCOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−500,000 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesJeremy L. Goebel · EVP & CCOSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−140,691 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesChris R. Chandler · Chief operating officer (EVP & COO)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+500,000 sharesno price (not a sale)owns 993,904 after
Aug 14, 2026Turned options or share units into sharesChris R. Chandler · Chief operating officer (EVP & COO)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+140,691 sharesno price (not a sale)owns 1,134,595 after
Aug 14, 2026Shares kept back to pay taxChris R. Chandler · Chief operating officer (EVP & COO)When share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−252,112 sharesat $23.45 = $5.9Mowns 882,483 after
Aug 14, 2026Turned options or share units into sharesChris R. Chandler · Chief operating officer (EVP & COO)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−500,000 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesChris R. Chandler · Chief operating officer (EVP & COO)Swapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−140,691 unitsno price (not a sale)
Aug 14, 2026Turned options or share units into sharesWillie CW Chiang · Chief executive (Chairman & CEO) · DirectorSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. Form 4+346,357 sharesno price (not a sale)owns 1,533,148 after
Aug 14, 2026Shares kept back to pay taxWillie CW Chiang · Chief executive (Chairman & CEO) · DirectorWhen share pay vests, the company keeps some shares to cover the tax bill. Not a decision to sell. Form 4−136,292 sharesat $23.45 = $3.2Mowns 1,396,856 after
Aug 14, 2026Turned options or share units into sharesWillie CW Chiang · Chief executive (Chairman & CEO) · DirectorSwapping options or units they already had for actual shares. Often followed by a sale or tax withholding. (Phantom Units) Form 4−346,357 unitsno price (not a sale)
Aug 14, 2026Received shares or options as payHeld indirectly (trust, family…)PAA GP Holdings LLC and Plains AAP L.P. and Plains All American GP LLC and Plains Gp Holdings LP · Director · Owns over 10%A grant from the company as part of their pay, not a purchase. Form 4+59,200 sharesno price (not a sale)owns 233,059,630 after
Aug 13, 2026Received shares or options as payAl Swanson · Chief financial officer (EVP & CFO)A grant from the company as part of their pay, not a purchase. (Phantom Units) Form 4+85,600 unitsno price (not a sale)owns 85,600 after
Aug 13, 2026Received shares or options as payRichard K. McGee · Chief lawyer (EVP, General Counsel & Sec.)A grant from the company as part of their pay, not a purchase. (Phantom Units) Form 4+88,500 unitsno price (not a sale)owns 88,500 after
Aug 13, 2026Received shares or options as payJeremy L. Goebel · EVP & CCOA grant from the company as part of their pay, not a purchase. (Phantom Units) Form 4+113,600 unitsno price (not a sale)owns 113,600 after
Aug 13, 2026Received shares or options as payChris R. Chandler · Chief operating officer (EVP & COO)A grant from the company as part of their pay, not a purchase. (Phantom Units) Form 4+113,600 unitsno price (not a sale)owns 113,600 after
Aug 13, 2026Received shares or options as payWillie CW Chiang · Chief executive (Chairman & CEO) · DirectorA grant from the company as part of their pay, not a purchase. (Phantom Units) Form 4+373,000 unitsno price (not a sale)owns 373,000 after
Jun 29, 2026Sold shares on the open marketLawrence Michael Ziemba · DirectorInsiders sell for many reasons: paying taxes, buying a house, spreading their savings. Many sales are planned months ahead. Form 4−2,346 sharesat $21.95 = $51.5K
Aug 14, 2025Received shares or options as payRichard K. McGee · Chief lawyer (EVP, General Counsel & Sec.)A grant from the company as part of their pay, not a purchase. (Phantom Units) Form 4+112,650 unitsno price (not a sale)owns 112,650 after

Read straight from the Form 4 filings Plains All American Pipeline Lp's directors, top managers and large owners sent to the SEC. Insiders sell for many reasons: taxes, diversifying, planned sales. Buying with their own money is rarer. None of this says whether to buy or sell the shares.

Finding insider trades…Reading each Form 4…Adding them up…

Who traded

Person and role	Bought	Sold	Shares held after
Lawrence Michael ZiembaDirector	–	$51.5K	–
Chris HerboldSr. VP Finance & CAO	–	–	341.1K
Al SwansonChief financial officer (EVP & CFO)	–	–	711.1K
Richard K. McGeeChief lawyer (EVP, General Counsel & Sec.)	–	–	715.5K
Jeremy L. GoebelEVP & CCO	–	–	500.0K
Chris R. ChandlerChief operating officer (EVP & COO)	–	–	993.9K
Willie CW ChiangChief executive (Chairman & CEO) · Director	–	–	1.5M
PAA GP Holdings LLC and Plains AAP L.P. and Plains All American GP LLC and Plains Gp Holdings LPDirector · Owns over 10%	–	–	233.1M