Plains GP Holdings' McGee gifts 120,000 units

AAP Class A Units, together with a like number of PAGP Class B shares, may be exchanged for PAGP Class A shares one-for-one with McGee's approval.

Rhea-AI Filing Summary

Plains GP Holdings LP (PAGP) EVP, General Counsel & Sec. Richard K. McGee made a bona fide gift on September 30, 2026, of 30,000 Class A Units of Plains AAP, L.P. and Class B shares of PAGP to each of his four children, for a total gift of 120,000 units. His reported direct position following the transaction was 294,607 Class A Units/Class B Shares.

Insider Trade Summary

120,000 shares gifted

Gift 1 txn

Insider McGee Richard K.

Role EVP, General Counsel & Sec.

Type	Security	Shares	Price	Value
Gift	Class A Units/Class B Shares F1, F2	120,000	$0.00	$0.00

Holdings After Transaction: Class A Units/Class B Shares — 294,607 contracts (Direct)

Footnotes (2)

1. F1. On September 30, 2026, Reporting Person made a gift of 30,000 Class A Units of Plains AAP, L.P. ("AAP") and Class B shares of Plains GP Holdings, L.P. ("PAGP") to each of his four children, for a total gift of 120,000 units.
2. F2. Pursuant to the limited partnership agreement of AAP, the Class A Units of AAP, together with a like number of Class B Shares of PAGP, may be exchanged for Class A shares of PAGP on a one-for-one basis with the approval of the Reporting Person.

Key Figures

Total gift: 120,000 units Gift per child: 30,000 Class A Units Children receiving gifts: 4 children +1 more

4 metrics

Total gift 120,000 units Gifted September 30, 2026

Gift per child 30,000 Class A Units Each of four children received Class A Units and PAGP Class B shares

Children receiving gifts 4 children Recipients of the gifts

Reported direct position following transaction 294,607 Class A Units/Class B Shares After the September 30, 2026 transaction

Key Terms

Class A Units, limited partnership agreement, one-for-one basis

3 terms

Class A Units financial

"gift of 30,000 Class A Units of Plains AAP, L.P."

Class A units are a specific type of ownership stake in a company, fund, trust, or partnership that carries a defined set of rights—often different voting power, dividend priority, or fee arrangements—distinct from other classes of units. For investors they matter because those differences affect control, income and potential returns; think of two neighbors in the same building where one has a bigger say in decisions or a larger share of rental income.

limited partnership agreement technical

"Pursuant to the limited partnership agreement of AAP"

A limited partnership agreement is the legal rulebook that sets out how a limited partnership is run, naming who manages the business, how profits and losses are split, and what rights and responsibilities each partner has. For investors, it matters because it defines who makes decisions, how much liability they carry, how and when they can get their money back, and how returns are distributed—like a household budget and authority chart for a shared venture.

one-for-one basis financial

"may be exchanged for Class A shares of PAGP on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many units did Richard K. McGee gift in PAGP?

Richard K. McGee gifted 30,000 Class A Units of Plains AAP, L.P. and Class B shares of PAGP to each of his four children on September 30, 2026, for a total gift of 120,000 units.

Can Plains AAP Class A Units and PAGP Class B shares be exchanged for PAGP Class A shares?

They may be exchanged for PAGP Class A shares on a one-for-one basis, with Richard K. McGee's approval, under Plains AAP, L.P.'s limited partnership agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 02:14 PM Accepted by SEC EDGAR 10/02/2026 - 02:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McGee Richard K.

(Last) (First) (Middle)

333 CLAY STREET

SUITE 1600

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PLAINS GP HOLDINGS LP [ PAGP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel & Sec.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Units/Class B Shares	$0	09/30/2026		G(1)			120,000	(2)	(2)	Class A Shares	120,000	$0	294,607	D

Explanation of Responses:

1. On September 30, 2026, Reporting Person made a gift of 30,000 Class A Units of Plains AAP, L.P. ("AAP") and Class B shares of Plains GP Holdings, L.P. ("PAGP") to each of his four children, for a total gift of 120,000 units.

2. Pursuant to the limited partnership agreement of AAP, the Class A Units of AAP, together with a like number of Class B Shares of PAGP, may be exchanged for Class A shares of PAGP on a one-for-one basis with the approval of the Reporting Person.

	/s/ Ann F. Gullion, as attorney-in-fact for Reporting Person	10/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)