KMI insider sale: 6,166 shares via 10b5-1 plan; 219,702 shares remain

Rhea-AI Filing Summary

Officer sale under a 10b5-1 plan; substantial remaining stake. An officer of Kinder Morgan, Inc. (KMI) sold 6,166 shares of Class P Common Stock on 10/06/2025 at a weighted average price of $28.172 per share. The sales were executed under a Rule 10b5-1 trading plan adopted on 05/07/2025, and the reporting person continues to beneficially own 219,702 shares after the transactions. The filer states the reported price is a weighted average from multiple executions between $28.0155 and $28.80 and offers to provide per‑trade details to the SEC staff or company stakeholders on request.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating scheduled trading rather than opportunistic sale
• Reporting person retains 219,702 shares, showing a continued significant ownership stake

Negative

• Officer disposed of 6,166 shares, reducing direct holdings at a weighted avg price of $28.172

Insights

Corporate Governance Analyst

Officer used an established 10b5-1 plan to sell a small portion of holdings.

The sale of 6,166 shares was effected under a trading plan adopted on 05/07/2025, which provides an affirmative defense under Rule 10b5-1. Using such a plan indicates the transactions were pre‑scheduled rather than opportunistic sales tied to inside information.

Dependence rests on the plan's terms and timing; investors can request per‑trade pricing details the filer has offered to provide. Near term, monitor any additional Form 4 filings or amendments that disclose further plan activity.

Insider Transactions Analyst

Post‑sale stake remains meaningful at 219,702 shares.

After the sale at a weighted average of $28.172, the reporting person still beneficially owns 219,702 shares, indicating continued exposure to the issuer's equity. The disclosed sale size (6,166 shares) represents a modest reduction versus the remaining position.

Key near‑term items to watch are any follow‑on sales under the same plan and any Form 4s that report plan termination or amendments within the next months.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Schlosser John W

(Last) (First) (Middle)

1001 LOUISIANA, SUITE 1000

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KINDER MORGAN, INC. [ KMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	V.P. (President, Terminals)

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class P Common Stock	10/06/2025		S(1)		6,166	D	$28.172(2)	219,702	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.0155 to $28.80 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.

Remarks:

	/s/ John W. Schlosser	10/06/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did the Kinder Morgan (KMI) Form 4 report on 10/06/2025?

The Form 4 reports an officer sale of 6,166 Class P common shares on 10/06/2025 at a weighted average price of $28.172, with 219,702 shares owned after the sale.

Were the sales made under a 10b5-1 trading plan for KMI?

Yes. The filer states the sales were effected pursuant to a 10b5-1 plan adopted on 05/07/2025.

What price range were the KMI shares sold at?

The reported weighted average price is $28.172; individual trade prices ranged from $28.0155 to $28.80.

Can investors get transaction‑level pricing for the KMI sale?

Yes. The reporting person offers to provide, upon request, the number of shares sold at each separate price to the SEC staff, the issuer, or a security holder.

Who filed the Form 4 for Kinder Morgan?

The Form 4 was filed by John W. Schlosser, listed as an officer with the title V.P. (President, Terminals).