UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported) –
Plains GP Holdings, L.P.
(Exact name of registrant as specified in its charter)
| (State
or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
(Address of principal executive offices) (Zip Code)
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of
each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
The 2025 annual meeting of Class A, Class B and Class C shareholders (collectively, the “Shareholders”) of Plains GP Holdings, L.P. (“PAGP” or the “Partnership”) was held on May 21, 2025. At the annual meeting, the Shareholders considered and voted on the following matters, each of which is described in greater detail in PAGP’s Proxy Statement dated April 11, 2025 (the “Proxy Statement”): (i) the election of four Class II directors to serve on the board of directors of PAA GP Holdings LLC until the 2028 annual meeting; (ii) the ratification of the appointment of PricewaterhouseCoopers LLP as PAGP’s and Plains All American Pipeline, L.P.’s (“PAA”) independent registered public accounting firm for the fiscal year ending December 31, 2025; and (iii) the approval, on a non-binding advisory basis, of our 2024 named executive officer compensation.
Out of the 762,187,858 Class A, Class B and Class C shares entitled to vote on Items 1, 2 and 3, approximately 83.2%, or 633,846,374 shares, were represented in person or by proxy at the PAGP annual meeting. The voting results for each matter presented at the PAGP annual meeting were as follows:
| 1. | Class A, Class B and Class C shareholders voted on the election of four Class II directors to serve on the board of directors of PAA GP Holdings LLC until the 2028 annual meeting as follows: |
| Nominees | For | Withheld | Percentage of Votes Cast FOR | Broker Non-Votes | ||||||||||||
| 1. Victor Burk | 463,285,481 | 5,301,585 | 98.9% | 165,259,308 | ||||||||||||
| 2. Kevin McCarthy | 401,583,352 | 67,003,714 | 85.7% | 165,259,308 | ||||||||||||
| 3. Harry Pefanis | 463,750,670 | 4,836,396 | 99.0% | 165,259,308 | ||||||||||||
| 3. Gary Petersen | 434,861,296 | 33,725,770 | 92.8% | 165,259,308 | ||||||||||||
| 2. | Class A, Class B and Class C shareholders voted on the ratification of the appointment of PricewaterhouseCoopers LLP as PAGP’s and PAA’s independent registered public accounting firm for the fiscal year ending December 31, 2025 as follows: |
| For | Against | Abstained | Percentage of Votes Cast FOR | Broker Non-Votes | ||||||||||||||
| 627,785,715 | 5,354,227 | 706,432 | 99.0% | -0- | ||||||||||||||
| 3. | Class A, Class B and Class C shareholders voted on the approval, on a non-binding advisory basis, of our 2024 named executive officer compensation as follows: |
| For | Against | Abstained | Percentage of Votes Cast FOR | Broker Non-Votes | ||||||||||||||
| 458,605,070 | 7,813,288 | 2,168,707 | 97.9% | 165,259,309 | ||||||||||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PLAINS GP HOLDINGS, L.P. | |||
| Date: May 22, 2025 | By: | PAA GP Holdings LLC, its general partner | |
| By: | /s/ Richard McGee | ||
| Name: | Richard McGee | ||
| Title: | Executive Vice President, General Counsel & Secretary | ||
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