Kinder Morgan (NYSE: KMI) VP sells 1,550 shares in 10b5-1 trade
Rhea-AI Filing Summary
Kinder Morgan VP Michael P. Garthwaite reported an open-market sale of 1,550 shares of Class P Common Stock at a weighted average price of $33.296 per share under a pre-arranged Rule 10b5-1 trading plan. The trades occurred between $33.275 and $33.3101 per share, leaving him with 46,393 shares.
Positive
- None.
Negative
- None.
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 ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class P Common Stock | 1,550 | $33.296 | $52K |
Holdings After Transaction:
Class P Common Stock — 46,393 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 $33.275 to $33.3101 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kinder Morgan (KMI) report for Michael P. Garthwaite?
Kinder Morgan VP Michael P. Garthwaite reported selling 1,550 shares of Class P Common Stock in an open-market transaction. The sale was disclosed on Form 4 and reflects a relatively small portion of his remaining 46,393 direct shares.
Was Michael P. Garthwaite’s Kinder Morgan (KMI) stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the sales were executed under a Rule 10b5-1 trading plan adopted on December 9, 2025. Such plans pre-schedule trades, indicating the timing of this sale was planned in advance rather than opportunistic.
Does this Kinder Morgan (KMI) Form 4 involve any derivatives or options exercises?
No. The reported transaction involves only non-derivative Class P Common Stock and is coded as an open-market sale. The derivativeSummary section is empty, indicating no option exercises, conversions, or other derivative transactions are included in this filing.