Kinder Morgan (NYSE: KMI) VP’s 115,741 RSUs vest, with 45,545 shares withheld for tax
Rhea-AI Filing Summary
Kinder Morgan, Inc. executive Sital K. Mody, V.P. (Pres., Nat Gas Pipelines), reported the scheduled vesting and settlement of 115,741 restricted stock units into an equal number of shares of Class P Common Stock on July 31, 2026. In connection with this vesting, 45,545 shares of Class P Common Stock were withheld by the issuer to satisfy tax withholding obligations at the $32.18 closing share price on the vesting date, with the remaining vested shares delivered as common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 70,196 shares
Net Buy
3 txns
Insider
Mody Sital K
Role
V.P. (Pres.,Nat Gas Pipelines)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F4, F5 | 115,741 | $0.00 | $0.00 |
| Exercise | Class P Common Stock F1 | 115,741 | $0.00 | $0.00 |
| Tax Withholding | Class P Common Stock F2, F3 | 45,545 | $32.18 | $1.47M |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class P Common Stock — 70,196 shares (Direct)
Footnotes (5)
- F1. This transaction represents the settlement of restricted stock units in shares of Class P Common Stock on their scheduled vesting date.
- F2. Represents shares withheld by the issuer to satisfy tax withholding obligations upon the reported vesting of restricted stock units.
- F3. Closing price of Class P Common Stock on the date of vesting.
- F4. Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
- F5. These restricted stock units vested on July 31, 2026.
Key Figures
RSUs settled: 115,741 units
Shares acquired from RSU vesting: 115,741 shares
Shares withheld for taxes: 45,545 shares
+1 more
4 metrics
RSUs settled
115,741 units
Restricted stock units converted into Class P Common Stock on July 31, 2026
Shares acquired from RSU vesting
115,741 shares
Class P Common Stock received upon settlement of restricted stock units
Shares withheld for taxes
45,545 shares
Withheld by issuer to satisfy tax withholding obligations upon RSU vesting
Tax withholding reference price
$32.18 per share
Closing price of Class P Common Stock on July 31, 2026 used for withholding
Key Terms
Restricted Stock Unit, Class P Common Stock, tax withholding obligations
3 terms
Restricted Stock Unit financial
"This transaction represents the settlement of restricted stock units in shares of Class P Common Stock"
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
"settlement of restricted stock units in shares of Class P Common Stock on their scheduled vesting date"
tax withholding obligations financial
"Represents shares withheld by the issuer to satisfy tax withholding obligations upon the reported vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EP report for Kinder Morgan executive Sital K. Mody?
Sital K. Mody reported the vesting and settlement of 115,741 restricted stock units into Class P Common Stock. As part of this event, a portion of the newly issued shares was withheld to cover tax obligations, while the remaining vested shares were delivered as common stock.
How many restricted stock units vested for Sital K. Mody in the EP/Kinder Morgan (KMI) filing?
The filing shows that 115,741 restricted stock units vested and were settled into the same number of shares of Class P Common Stock. Each restricted stock unit represented the right to receive one share of Class P Common Stock upon settlement on July 31, 2026.
What price was used to value the tax withholding in the EP/Kinder Morgan insider transaction?
For the tax withholding, the transaction used a price of $32.18 per share, which the filing identifies as the closing price of Kinder Morgan Class P Common Stock on the vesting date of the restricted stock units, July 31, 2026.
Was Sital K. Mody’s EP/Kinder Morgan Form 4 transaction under a Rule 10b5-1 plan?
The report does not indicate that the transactions were made under a Rule 10b5-1 trading plan. The specific 10b5-1 checkbox associated with the filing was not marked as affirming plan-based trading for these July 31, 2026 equity events.
What is Sital K. Mody’s role at Kinder Morgan in the EP Form 4 disclosure?
Sital K. Mody is identified as an officer of Kinder Morgan with the title “V.P. (Pres., Nat Gas Pipelines)”. The reported transactions relate to his equity-based compensation, specifically the vesting and settlement of restricted stock units into Class P Common Stock.