AlphaYouPAA: RAYMOND JOHN T discloses securities transactions
By AlphaYouPublished Form 4
RAYMOND JOHN T
Reporting filer
RAYMOND JOHN T reported Disposition to issuer in PLAINS ALL AMERICAN PIPELINE LP: 20376259 units of Series A Convertible Preferred Units (derivative), dated 2026-09-14. The full Form 4 contains 1 transaction entry.
- Disclosed
- Sep 16, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred Units (derivative) | RAYMOND JOHN T | 2026-09-14 | D | Disposition to issuer | 20376259 | 28.875 | 0 | 2 days | Filed terms
|
Series A Convertible Preferred Units (derivative)
- Owner
- RAYMOND JOHN T
- Date
- 2026-09-14
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 20376259
- Price
- 28.875
- Following holdings
- 0
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Series A Convertible Preferred Units
- id: F1
- transaction Date: 2026-09-14
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- id: F2
- transaction Shares: 20376259
- transaction Price Per Share: 28.875
- transaction Acquired Disposed Code: D
- id: F1
- expiration Date: 2026-09-14
- underlying Security Title: Common Units
- underlying Security Shares: 20376259
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- nature Of Ownership: Through Entity
- id: F3
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- RAYMOND JOHN T: Director.
- F1: Prior to their redemption by the Issuer on September 14, 2026, the Series A Convertible Preferred Units (the "Preferred Units") were convertible on a one-for-one basis by the holders of such Preferred Units or by the Issuer.
- F2: In accordance with the terms of the Seventh Amended and Restated Agreement of Limited Partnership of the Issuer, dated as of October 10, 2017, the reported securities were redeemed by the Issuer on September 14, 2026 at a price equal to 110% of their face value of $26.25 ($28.875) per Preferred Unit, plus accrued and unpaid distributions to, but not including, the redemption date.
- F3: Prior to their redemption by the Issuer on September 14, 2026, the Series A Convertible Preferred Units were held by EMG Fund IV PAA Holdings, LLC ("EMG"). The Reporting Person is the sole member of EMG Fund IV Management, LLC, the general partner of EMG Fund IV Management, LP, which is the manager of EMG, and therefore he may be deemed to be the beneficial owner of the interests held by EMG.
Original sources
Prepared automatically from public filing data. Report a correction.