Kinder Morgan (NYSE: KMI) VP settles 14,468 RSUs, 3,523 shares withheld
Rhea-AI Filing Summary
On July 18, 2026, Kinder Morgan, Inc. VP and Chief Admin. Officer Michael J. Pitta settled 14,468 restricted stock units into the same number of Class P common shares on their scheduled vesting date. Of these, 3,523 shares were withheld by the issuer to satisfy tax withholding obligations at a reference price of $32.30 per share, equal to the closing price on the last trading day before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,945 shares
Net Buy
3 txns
Insider
Pitta Michael J
Role
VP and Chief Admin. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F4, F1, F5 | 14,468 | $0.00 | $0.00 |
| Exercise | Class P Common Stock F1 | 14,468 | $0.00 | $0.00 |
| Tax Withholding | Class P Common Stock F2, F3 | 3,523 | $32.30 | $114K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class P Common Stock — 77,236 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 last trading day before the vesting date.
- 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 18, 2026.
Key Figures
RSUs settled: 14,468 shares
Shares withheld for taxes: 3,523 shares
Reference share price: $32.30 per share
3 metrics
RSUs settled
14,468 shares
Restricted stock units settled into Class P Common Stock on July 18, 2026
Shares withheld for taxes
3,523 shares
Shares withheld by issuer to satisfy tax withholding obligations on RSU vesting
Reference share price
$32.30 per share
Closing price on last trading day before RSUs vested, used for tax withholding
Key Terms
Restricted Stock Unit, tax withholding obligations, vesting date, Class P Common Stock
4 terms
Restricted Stock Unit financial
"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.
tax withholding obligations financial
"shares withheld by the issuer to satisfy tax withholding obligations"
vesting date financial
"restricted stock units in shares of Class P Common Stock on their scheduled vesting date"
Class P Common Stock financial
"represents the right to receive, at settlement, one share of Class P Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kinder Morgan (KMI) executive Michael J. Pitta report?
Michael J. Pitta reported settlement of 14,468 restricted stock units into Class P common shares. As part of this vesting event, 3,523 shares were withheld by the issuer to cover tax obligations tied to the award’s vesting.
What was the size of the restricted stock unit award that vested for Kinder Morgan (KMI)?
An award of 14,468 restricted stock units vested and was settled in an equal number of Class P common shares. Each restricted stock unit entitled the holder to receive one share of Class P Common Stock at settlement.
Did the Kinder Morgan (KMI) Form 4 involve an option exercise or an RSU vesting?
The Form 4 reflects an RSU vesting and settlement, not an option exercise. Restricted stock units converted into 14,468 Class P common shares on their scheduled vesting date, with a portion of those shares withheld to cover tax obligations.