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Vanguard Realigns Reporting; Kinder Morgan (EP) shows 0% ownership

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Kinder Morgan Inc: Schedule 13G/A filing showing 0% beneficial ownership by The Vanguard Group. The amendment states that The Vanguard Group underwent an internal realignment effective January 12, 2026, after which certain subsidiaries and business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538. The filing reports Amount beneficially owned: 0 and Percent of class: 0%. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.

Positive

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Negative

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Insights

Vanguard disaggregated holdings; no current beneficial ownership reported.

The amendment documents an internal realignment at The Vanguard Group effective January 12, 2026, and states subsidiaries/divisions will report separately in reliance on SEC Release No. 34-39538. The filing records 0% beneficial ownership and 0 shares beneficially owned.

Cash‑flow treatment and any prior aggregated holdings are not listed in this excerpt; subsequent separate filings by Vanguard affiliates will provide the granular holder-level positions.

Reporting change is administrative and clarifies who will report holdings going forward.

The amendment explicitly cites SEC Release No. 34-39538 and states that certain subsidiaries or business divisions "that formerly had, or were deemed to have, beneficial ownership" will now report on a disaggregated basis. This is a reclassification of reporting responsibility rather than an active transfer of shares.

Investors should reference the separate 13G/A filings by Vanguard affiliates for any material holding disclosures; this form shows no beneficial ownership for the named reporting entity as of the signature date 03/27/2026.






49456B101

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What does the Kinder Morgan (EP) 13G/A amended filing state about Vanguard's holdings?

The filing states The Vanguard Group reports 0 shares beneficially owned, representing 0% of the class, and documents an internal realignment effective January 12, 2026.

Why is Vanguard reporting separately after January 12, 2026?

The amendment says Vanguard underwent an internal realignment and, per SEC Release No. 34-39538, certain subsidiaries/divisions will report beneficial ownership separately from The Vanguard Group.

Does this filing indicate any change in actual share ownership for Kinder Morgan?

This filing reports 0 shares for The Vanguard Group; it documents reporting disaggregation and does not by itself show an actual transfer of Kinder Morgan shares.

Who signed the amended Schedule 13G/A and when was it signed?

The form is signed by Ashley Grim, Head of Global Fund Administration, with the signature date shown as 03/27/2026.

Will separate Vanguard entities file their own disclosures?

Yes. The amendment states subsidiaries and business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538, so related filings by those entities are expected.
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