I am in the process of booking an RTW using a travel agent. This TA interprets the fare rules (as published in the GDS) as mandating the $125 fee for any reissue. The TA says that because my proposed itinerary includes some 4M codes (on AA metal), even a simple date change would require a reissue and hence the $125 fee.
this is only correct if it can be done through a revalidation. The changes you listed do carry the fee as soon as a reissue is being done or has to be done.
BEFORE DEPARTURE
CHARGE USD 125.00 FOR REISSUE.
AFTER DEPARTURE
CHARGE USD 125.00 FOR NO-SHOW/REISSUE.