Kinder Morgan (KMI) pipelines VP sells 1,550 shares under 10b5-1 plan

Rhea-AI Filing Summary

Kinder Morgan, Inc. executive Michael P. Garthwaite, VP and President of Products Pipelines, reported an open-market sale of Class P Common Stock. He sold 1,550 shares at a weighted average price of $31.721 per share under a pre-arranged Rule 10b5-1 trading plan. Following the transaction, he directly holds 44,843 shares of Kinder Morgan stock.

Insider Trade Summary 10b5-1

Net Seller: 1,550 shares ($49,168)

Net Sell 1 txn

Insider Garthwaite Michael P.

Role VP (Pres., Products Pipelines)

Sold 1,550 shs ($49K)

Type	Security	Shares	Price	Value
Sale	Class P Common Stock	1,550	$31.721	$49K

Holdings After Transaction: Class P Common Stock — 44,843 shares (Direct)

Footnotes (1)

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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.695 to $31.765 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: $31.721 per share Post-transaction holdings: 44,843 shares +1 more

4 metrics

Shares sold 1,550 shares Open-market sale of Class P Common Stock on April 16, 2026

Weighted average sale price $31.721 per share Average price for the 1,550 shares sold

Post-transaction holdings 44,843 shares Directly held Kinder Morgan Class P Common Stock after the sale

Sale price range $31.695–$31.765 per share Range of prices for multiple sale transactions

Key Terms

Rule 10b5-1 trading plan, weighted average price, open-market sale, Class P Common Stock, +1 more

5 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.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class P Common Stock financial

"security_title: Class P Common Stock"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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)
04/16/2026

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	04/16/2026		S(1)		1,550	D	$31.721(2)	44,843	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 $31.695 to $31.765 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	04/17/2026
	** 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)

FAQ

What insider transaction did Kinder Morgan (KMI) report for Michael P. Garthwaite?

Kinder Morgan executive Michael P. Garthwaite reported an open-market sale of 1,550 shares of Class P Common Stock. The sale was executed at a weighted average price of $31.721 per share, reflecting a routine insider disposition disclosed in a Form 4 filing.

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

Michael P. Garthwaite sold 1,550 Kinder Morgan Class P Common shares at a weighted average price of $31.721. The footnotes state the shares were sold in multiple transactions between $31.695 and $31.765 per share, with full breakdowns available upon request.

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

After selling 1,550 shares, Michael P. Garthwaite directly holds 44,843 shares of Kinder Morgan Class P Common Stock. This post-transaction holding figure is disclosed in the Form 4 and reflects his remaining direct ownership position following the reported sale.

Was the Kinder Morgan (KMI) insider sale under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on December 9, 2025. Such plans pre-schedule trades, helping insiders systematically sell shares over time in accordance with regulatory requirements.

What trading range applied to Michael P. Garthwaite’s Kinder Morgan (KMI) share sale?

The filing reports the 1,550 Kinder Morgan shares were sold at prices ranging from $31.695 to $31.765 per share. The weighted average sale price was $31.721, and detailed per-price share counts are available from the reporting person upon request.