Kinder Morgan (KMI) VP Schlosser sells 6,166 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
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 on April 6, 2026 at a weighted average price of $32.934 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan. After this transaction, Schlosser directly holds 182,706 shares of Kinder Morgan stock. The shares were sold in multiple trades at prices ranging from $32.8501 to $33.015 per share.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 6,166 shares ($203,071)
Net Sell
1 txn
Insider
Schlosser John W
Role
V.P. (President, Terminals)
Sold
6,166 shs ($203K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class P Common Stock | 6,166 | $32.934 | $203K |
Holdings After Transaction:
Class P Common Stock — 182,706 shares (Direct)
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 $32.8501 to $33.015 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.
Key Figures
Shares sold: 6,166 shares
Weighted average sale price: $32.934 per share
Post-transaction holdings: 182,706 shares
+1 more
4 metrics
Shares sold
6,166 shares
Open-market sale of Class P Common Stock on April 6, 2026
Weighted average sale price
$32.934 per share
Reported sale price for Kinder Morgan Class P Common Stock
Post-transaction holdings
182,706 shares
Shares of Kinder Morgan Class P Common Stock held directly after sale
Sale price range
$32.8501–$33.015 per share
Range of individual transaction prices within the reported sale
Key Terms
Class P Common Stock, Rule 10b5-1 trading plan, weighted average price, open-market sale
4 terms
Class P Common Stock financial
"security_title: "Class P Common Stock""
Rule 10b5-1 trading plan regulatory
"Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Kinder Morgan (KMI) report for John W. Schlosser?
Kinder Morgan reported that executive John W. Schlosser sold 6,166 shares of Class P Common Stock. The transaction was an open-market sale at a weighted average price of $32.934 per share, disclosed on a Form 4 insider trading report.
Was the Kinder Morgan (KMI) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by John W. Schlosser. Such pre-arranged plans allow insiders to sell shares according to preset instructions, reducing discretion over trade timing.
What type of security did John W. Schlosser sell in the Kinder Morgan (KMI) Form 4?
The Form 4 shows that John W. Schlosser sold Kinder Morgan’s Class P Common Stock. The transaction is categorized as a non-derivative open-market sale, rather than an option exercise or other derivative-related transaction.