Kinder Morgan VP, COO holds 66,328 shares
Rhea-AI Filing Summary
KINDER MORGAN, INC. (EP) reported the initial equity holdings of Kenneth W. Grubb, its VP and COO, in a Form 3. As of September 4, 2026, he directly holds 66,328 shares of Class P Common Stock and three grants of restricted stock units representing additional Class P Common Stock.
The RSUs cover 17,293, 53,687, and 61,767 underlying shares of Class P Common Stock, scheduled to vest on July 16, 2027, July 15, 2028, and July 31, 2029, respectively, with the 2029 award subject to achievement of specified performance goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Grubb Kenneth W.
Role
VP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit F2, F1 | -- | -- | -- |
| holding | Restricted Stock Unit F2, F3 | -- | -- | -- |
| holding | Restricted Stock Unit F2, F4 | -- | -- | -- |
| holding | Class P Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 132,747 contracts (Direct);
Class P Common Stock — 66,328 shares (Direct)
Footnotes (4)
- F1. These restricted stock units are scheduled to vest on July 16, 2027.
- F2. Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
- F3. These restricted stock units are scheduled to vest on July 15, 2028.
- F4. These restricted stock units are scheduled to vest on July 31, 2029, subject to achievement of certain performance goals.
Key Figures
Directly owned Class P Common Stock: 66,328 shares
RSU underlying shares vesting July 16, 2027: 17,293 shares
RSU underlying shares vesting July 15, 2028: 53,687 shares
+1 more
4 metrics
Directly owned Class P Common Stock
66,328 shares
Direct ownership as of September 4, 2026 for Kenneth W. Grubb
RSU underlying shares vesting July 16, 2027
17,293 shares
Restricted stock units tied to Class P Common Stock
RSU underlying shares vesting July 15, 2028
53,687 shares
Restricted stock units tied to Class P Common Stock
RSU underlying shares vesting July 31, 2029
61,767 shares
Restricted stock units subject to performance goals
Key Terms
Restricted Stock Unit, Class P Common Stock, performance goals
3 terms
Restricted Stock Unit financial
"These restricted stock units are scheduled to vest on July 16, 2027"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class P Common Stock financial
"one share of Class P Common Stock"
performance goals financial
"scheduled to vest on July 31, 2029, subject to achievement of certain performance goals"
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing disclose about EP executive Kenneth W. Grubb?
It discloses that Kenneth W. Grubb, VP and COO, has direct ownership of Kinder Morgan, Inc. equity, including Class P Common Stock and several grants of restricted stock units that vest between 2027 and 2029, some subject to performance goals.
What restricted stock unit awards linked to EP stock does Kenneth W. Grubb hold?
He holds three RSU awards tied to Class P Common Stock, with underlying shares of 17,293, 53,687, and 61,767. Each RSU represents the right to receive one share of Class P Common Stock at settlement.
When do Kenneth W. Grubb’s EP restricted stock units vest?
The RSUs are scheduled to vest on July 16, 2027, July 15, 2028, and July 31, 2029. The award vesting on July 31, 2029 is subject to achievement of certain performance goals.
Are there any buy or sell transactions reported for EP in this Form 3?
No. The Form 3 for Kinder Morgan, Inc. (EP) reports holdings only: direct ownership of Class P Common Stock and restricted stock units. It does not report any purchases, sales, exercises, or other transaction activity.
What does each restricted stock unit represent for EP’s Class P Common Stock?
Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock of Kinder Morgan, Inc. This applies to all three RSU positions reported in the Form 3.
AI-generated analysis. How Rhea-AI works. Not financial advice.
