Company: PAGP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001581990-25-000021
Chunk: 39

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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 Outstanding The following tables present the activity for our Class A shares, Class B shares and Class C shares: Class A SharesClass B SharesClass C SharesOutstanding at December 31, 2024197,465,699 35,390,231 542,004,838 Exchange Right exercises (1)277,925 (277,925)— Repurchase of Series A preferred units by a subsidiary— — (12,678,560)Other— — 5,650 Outstanding at March 31, 2025197,743,624 35,112,306 529,331,928 Repurchase and cancellation of common units by a subsidiary under the Common Equity Repurchase Program— — (476,695)Other— — 5,197 Outstanding at June 30, 2025197,743,624 35,112,306 528,860,430   Class A SharesClass B SharesClass C SharesOutstanding at December 31, 2023196,416,760 36,237,168 539,445,289 Exchange Right exercises (1)835,499 (835,499)— Other— — 62,282 Outstanding at March 31, 2024197,252,259 35,401,669 539,507,571 Exchange Right exercises (1)11,438 (11,438)— Other— — 10,268 Outstanding at June 30, 2024197,263,697 35,390,231 539,517,839 (1)See Note 11 to our Consolidated Financial Statements included in Part IV of our 2024 Annual Report on Form 10-K for information regarding conversions of AAP Management Units, Exchange Rights and Redemption Rights.DistributionsThe following table details distributions to our Class A shareholders paid during or pertaining to the first six months of 2025 (in millions, except per share data):Class A ShareholdersDistribution Payment DateRecord Date (1)Quarter EndedCash DistributionDistribution per UnitAugust 14, 2025July 31, 2025June 30, 2025$75 $0.38 May 15, 2025 May 1, 2025March 31, 2025$75 $0.38