Kinder Morgan (NYSE: KMI) VP sells 1,550 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kinder Morgan VP Michael P. Garthwaite reported an open-market sale of 1,550 shares of Class P Common Stock at a weighted average price of $33.296 per share under a pre-arranged Rule 10b5-1 trading plan. The trades occurred between $33.275 and $33.3101 per share, leaving him with 46,393 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,550 shares ($51,609)
Net Sell
1 txn
Insider
Garthwaite Michael P.
Role
VP (Pres., Products Pipelines)
Sold
1,550 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class P Common Stock | 1,550 | $33.296 | $52K |
Holdings After Transaction:
Class P Common Stock — 46,393 shares (Direct)
Footnotes (1)
- Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 9, 2025 in accordance with Rule 10b5-1 under the Securities Exchange Act, as amended. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.275 to $33.3101 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
FAQ
What insider transaction did Kinder Morgan (KMI) report for Michael P. Garthwaite?
Kinder Morgan VP Michael P. Garthwaite reported selling 1,550 shares of Class P Common Stock in an open-market transaction. The sale was disclosed on Form 4 and reflects a relatively small portion of his remaining 46,393 direct shares.
Was Michael P. Garthwaite’s Kinder Morgan (KMI) stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the sales were executed under a Rule 10b5-1 trading plan adopted on December 9, 2025. Such plans pre-schedule trades, indicating the timing of this sale was planned in advance rather than opportunistic.
Does this Kinder Morgan (KMI) Form 4 involve any derivatives or options exercises?
No. The reported transaction involves only non-derivative Class P Common Stock and is coded as an open-market sale. The derivativeSummary section is empty, indicating no option exercises, conversions, or other derivative transactions are included in this filing.