STOCK TITAN

Kinder Morgan (NYSE: KMI) VP sells 1,550 shares in 10b5-1 trade

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.
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 TX 77002

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/16/2026 S(1) 1,550 D $33.296(2) 46,393 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 $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.
Remarks:
/s/ Michael P. Garthwaite 03/16/2026
** 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.

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.

At what price did Michael P. Garthwaite sell Kinder Morgan (KMI) shares?

He sold 1,550 Kinder Morgan shares at a weighted average price of $33.296 per share. The sales occurred in multiple trades, with individual prices ranging from $33.275 to $33.3101 per share, as disclosed in the Form 4 footnotes.

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

After the reported sale, Michael P. Garthwaite directly holds 46,393 shares of Kinder Morgan Class P Common Stock. This shows the transaction reduced, but did not significantly change, his overall direct equity position in the company.

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.
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