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.

Available on EDGAR 09/18/2026 - 06:12 PM EDT Accepted by SEC EDGAR 09/18/2026 - 06:11 PM EDT Learn about SEC filing dates

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.

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)

Share of Position Sold 3.1%

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)

Holdings Before and After: Class P Common Stock, 50,413 to 48,863 shares (Direct)

Footnotes (2)

1. 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.
2. 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.

How many Kinder Morgan (EP) shares does Michael P. Garthwaite hold after this sale?

After the reported sale, Michael P. Garthwaite directly holds 48,863 shares of Kinder Morgan’s Class P common stock, as stated in the ownership balance following the transaction on September 16, 2026.

Was the September 16, 2026 Kinder Morgan (EP) share sale made under a Rule 10b5-1 plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Michael P. Garthwaite on December 9, 2025, in accordance with the Securities Exchange Act, as disclosed in the footnotes.

What price range did Michael P. Garthwaite receive for his Kinder Morgan (EP) shares?

The filing states that the 1,550 shares were sold at prices ranging from $30.655 to $31.00 per share, with a weighted average price of $30.803 per share reported for the transaction.

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.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Garthwaite Michael P.

(Last) (First) (Middle)

1001 LOUISIANA STREET, SUITE 1000

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	VP (Pres., Products Pipelines)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

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

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

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

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	09/16/2026		S(1)		1,550	D	$30.803(2)	48,863	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 December 9, 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 $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.

Remarks:

	/s/ Michael P. Garthwaite	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)