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  4. [Form 4] KINDER MORGAN, INC. Insider Trading Activity

Kinder Morgan, Inc. (NYSE: KMI) grants 61,767 restricted stock units to VP

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Garthwaite Michael P. reported acquisition or exercise transactions in this Form 4 filing.

Kinder Morgan, Inc. reported that executive Michael P. Garthwaite, VP and President of Products Pipelines, received a grant of 61,767 restricted stock units linked to its Class P common stock. Each unit will settle into one share upon vesting. The award is scheduled to vest on July 31, 2029, subject to specified performance goals, and represents his entire reported direct RSU holdings after this grant.

Positive

  • None.

Negative

  • None.
Insider Garthwaite Michael P.
Role VP (Pres., Products Pipelines)
Type Security Shares Price Value
Grant/Award Restricted Stock Unit F1, F2 61,767 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 61,767 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
  2. F2. These restricted stock units are scheduled to vest on July 31, 2029, subject to achievement of certain performance goals.
RSUs granted 61,767 units Restricted stock units granted to Michael P. Garthwaite on 2026-07-21
Underlying common shares 61,767 shares Class P Common Stock underlying the RSU award
Scheduled vesting date July 31, 2029 RSU award vests subject to achievement of performance goals
Conversion ratio 1 share per unit Each restricted stock unit represents the right to receive one share at settlement
Restricted Stock Unit financial
"Each restricted stock unit represents the right to receive, at settlement, one share"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What equity award was reported for EP on this Form 4?
Michael P. Garthwaite was granted 61,767 restricted stock units tied to Kinder Morgan’s Class P common stock. This equity award represents his entire reported direct RSU holdings following the transaction on July 21, 2026.

When do Michael P. Garthwaite’s newly granted RSUs tied to EP vest?
These restricted stock units are scheduled to vest on July 31, 2029. Vesting is conditioned on the achievement of specified performance goals, meaning the RSUs will only settle into shares if those goals are met by that date.

Was the EP Form 4 transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The document’s 10b5-1 checkbox is marked false, and no footnote describes the grant as occurring under a pre-arranged trading plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Garthwaite Michael P.
(Last)(First)(Middle)
1001 LOUISIANA STREET, SUITE 1000
(Street)
HOUSTON TEXAS 77002
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
KINDER MORGAN, INC. [ KMI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP (Pres., Products Pipelines)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$0(1)07/21/2026A61,767 (2) (2)Class P Common Stock61,767$061,767D
Explanation of Responses:
1. Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
2. These restricted stock units are scheduled to vest on July 31, 2029, subject to achievement of certain performance goals.
Remarks:
/s/ Michael P. Garthwaite07/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR