Kinder Morgan VP sells 1,550 company shares
A Kinder Morgan vice president sold 1,550 shares under a pre-arranged Rule 10b5-1 trading plan, leaving him with 48,863 shares directly owned.
Rhea-AI Filing Summary
KINDER MORGAN, INC. (EP) reported that executive Michael P. Garthwaite, Vice President and President of Products Pipelines, sold 1,550 shares of Class P common stock on September 16, 2026 at a weighted average price of $30.803 per share, in multiple trades between $30.655 and $31.00 per share. Following this sale, he directly holds 48,863 shares of the company’s stock. The sale was effected under a Rule 10b5-1 trading plan adopted on December 9, 2025.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 1,550 shares
Net Sell
1 txn
Insider
Garthwaite Michael P.
Role
VP (Pres., Products Pipelines)
Sold
1,550 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class P Common Stock F1, F2 | 1,550 | $30.803 | $48K |
Holdings After Transaction:
Class P Common Stock — 48,863 shares (Direct)
Footnotes (2)
- F1. Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 9, 2025 in accordance with Rule 10b5-1 under the Securities Exchange Act, as amended.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.655 to $31.00 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: 1,550 shares
Weighted average sale price: $30.803 per share
Sale price range: $30.655–$31.00 per share
+2 more
5 metrics
Shares sold
1,550 shares
Class P common stock sale on September 16, 2026
Weighted average sale price
$30.803 per share
Average price for the 1,550 shares sold on September 16, 2026
Sale price range
$30.655–$31.00 per share
Range of prices for multiple trades making up the reported sale
Shares held after transaction
48,863 shares
Directly owned Class P common stock after the September 16, 2026 sale
Rule 10b5-1 plan adoption date
December 9, 2025
Adoption date of the trading plan used for the September 16, 2026 sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, Securities Exchange Act
3 terms
Rule 10b5-1 trading plan regulatory
"Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 9, 2025"
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.
Securities Exchange Act regulatory
"in accordance with Rule 10b5-1 under the Securities Exchange Act, as amended"
A securities exchange act is a law that sets the rules for how public securities markets operate, requiring regular disclosure by traded companies, policing insider trading, and overseeing market intermediaries. Think of it as a rulebook and referee combined: it forces companies to share financial and material information and gives regulators tools to investigate and punish unfair behavior, which helps investors make informed decisions and reduces the chance of fraud or market manipulation.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kinder Morgan (EP) report for Michael P. Garthwaite?
Kinder Morgan reported that Michael P. Garthwaite sold 1,550 shares of Class P common stock on September 16, 2026 at a weighted average price of $30.803 per share, through multiple trades between $30.655 and $31.00 per share.
What is Michael P. Garthwaite’s role at Kinder Morgan (EP) in this Form 4 filing?
Michael P. Garthwaite is identified as an officer of Kinder Morgan, serving as Vice President and President, Products Pipelines, and the reported sale involves his directly held Class P common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.