Kinder Morgan GC settles 69,445 restricted stock units
Catherine C. James, VP and General Counsel of Kinder Morgan, Inc., reported the vesting and settlement of 69,445 restricted stock units into the same number of shares of Class P Common Stock on July 31, 2026.
Rhea-AI Filing Summary
Catherine C. James, VP and General Counsel of Kinder Morgan, Inc., reported the vesting and settlement of 69,445 restricted stock units into the same number of shares of Class P Common Stock on July 31, 2026. As part of this vesting, 26,760 shares were withheld by the issuer to satisfy tax withholding obligations at the $32.18 closing price on the vesting date, with the remaining shares delivered to her. The restricted stock unit award was fully settled, and indirect holdings now include 75 shares owned by her spouse, in which she disclaims beneficial or pecuniary interest, and 286 shares held through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
69,445 shares exercised/converted
Exercise
5 txns
Insider
James Catherine C.
Role
VP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F5, F6 | 69,445 | $0.00 | $0.00 |
| Exercise | Class P Common Stock F1 | 69,445 | $0.00 | $0.00 |
| Tax Withholding | Class P Common Stock F2, F3 | 26,760 | $32.18 | $861K |
| holding | Class P Common Stock F4 | -- | -- | -- |
| holding | Class P Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Class P Common Stock — 165,338 shares (Direct);
Class P Common Stock — 75 shares (Indirect, By Spouse);
Class P Common Stock — 286 shares (Indirect, By 401(k) Plan)
Footnotes (6)
- 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. The reporting person disclaims any and all beneficial or pecuniary interest in the shares owned by her spouse.
- F5. Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
- F6. These restricted stock units vested on July 31, 2026.
Key Figures
RSUs vested and settled: 69,445 units/shares
Shares withheld for taxes: 26,760 shares
Tax withholding reference price: $32.18 per share
+2 more
5 metrics
RSUs vested and settled
69,445 units/shares
Restricted stock units settled into Class P Common Stock on July 31, 2026
Shares withheld for taxes
26,760 shares
Shares of Class P Common Stock withheld to satisfy tax withholding obligations
Tax withholding reference price
$32.18 per share
Closing price of Class P Common Stock on the vesting date used for withholding
Indirect spouse holdings
75 shares
Class P Common Stock held indirectly by spouse; beneficial interest disclaimed
Indirect 401(k) holdings
286 shares
Class P Common Stock held indirectly through a 401(k) plan
Key Terms
Restricted Stock Unit, Class P Common Stock, tax withholding obligations, beneficial or pecuniary interest, +1 more
5 terms
Restricted Stock Unit financial
"This transaction represents the settlement of restricted stock units in shares"
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
"shares of Class P Common Stock on their scheduled vesting date"
tax withholding obligations financial
"shares withheld by the issuer to satisfy tax withholding obligations"
beneficial or pecuniary interest financial
"The reporting person disclaims any and all beneficial or pecuniary interest"
401(k) Plan financial
"Class P Common Stock, transaction_type holding, nature_of_ownership By 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kinder Morgan (KMI) executive Catherine C. James report in this Form 4?
Catherine C. James reported the vesting and settlement of 69,445 restricted stock units into Class P Common Stock. These units vested on July 31, 2026 and were settled into an equal number of shares on their scheduled vesting date.
What indirect Kinder Morgan (KMI) holdings does Catherine C. James report?
She reports 75 shares held indirectly by her spouse and 286 shares held indirectly through a 401(k) plan. She expressly disclaims beneficial or pecuniary interest in the shares owned by her spouse, per the filing footnote.
What happened to Catherine C. James’s restricted stock units in Kinder Morgan (KMI)?
69,445 restricted stock units fully vested and were settled into 69,445 shares of Class P Common Stock. Following this settlement, the RSU derivative position reported in the filing shows zero units remaining outstanding for this award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
