Kinder Morgan (KMI) VP sells 6,166 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Kinder Morgan, Inc. executive John W. Schlosser, Vice President and President of Terminals, reported an open-market sale of 6,166 shares of Class P Common Stock at a weighted average price of $31.904 per share. The sale was made under a Rule 10b5-1 trading plan adopted on May 7, 2025. Following this transaction, he directly holds 164,208 shares. The shares were sold in multiple trades at prices ranging from $31.7301 to $32.14 per share.
Positive
- None.
Negative
- None.
Insights
Routine open-market sale by a Kinder Morgan executive under a pre-set 10b5-1 plan, representing a small portion of his holdings.
Vice President John W. Schlosser sold 6,166 shares of Kinder Morgan Class P Common Stock in an open-market transaction at a weighted average price of $31.904 per share. The sale occurred pursuant to a Rule 10b5-1 trading plan adopted on May 7, 2025, indicating it was pre-scheduled rather than opportunistic.
After the transaction, Schlosser still directly owns 164,208 shares, so the sale reflects only a small fraction of his position. Trades were executed across a price range of $31.7301 to $32.14 per share. Overall, this appears to be a routine liquidity event with limited informational value about the company’s outlook.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class P Common Stock | 6,166 | $31.904 | $197K |
Footnotes (1)
- Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 7, 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 $31.7301 to $32.14 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.