Kinder Morgan (EP) exec sells shares under 10b5-1 plan trade

Rhea-AI Filing Summary

KINDER MORGAN, INC. (EP) reported that Michael P. Garthwaite, VP and President of Products Pipelines, sold 1,550 shares of Class P Common Stock on August 17, 2026 in an open-market transaction at a weighted average price of $32.653 per share, with individual trades ranging from $32.475 to $32.825. These sales were executed under a Rule 10b5-1 trading plan adopted on December 9, 2025, and Garthwaite now holds 50,413 shares directly.

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 ($51K)

Type	Security	Shares	Price	Value
Sale	Class P Common Stock F1, F2	1,550	$32.653	$51K

Holdings After Transaction: Class P Common Stock — 50,413 shares (Direct)

Footnotes (2)

1. 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.
2. F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.475 to $32.825 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: $32.653 per share Sale price range: $32.475 to $32.825 per share +2 more

5 metrics

Shares sold 1,550 shares Class P Common Stock sold on August 17, 2026

Weighted average sale price $32.653 per share Average price for 1,550 shares sold on August 17, 2026

Sale price range $32.475 to $32.825 per share Range of prices for multiple sale transactions

Shares held after transaction 50,413 shares Direct holdings of Class P Common Stock following the sale

10b5-1 plan adoption date December 9, 2025 Date Michael P. Garthwaite adopted the Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 trading plan, weighted average price, Class P Common Stock

3 terms

Rule 10b5-1 trading plan regulatory

"Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person"

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.

Class P Common Stock financial

"security_title: "Class P Common Stock""

FAQ

What insider transaction did KINDER MORGAN, INC. (EP) disclose for Michael P. Garthwaite?

Michael P. Garthwaite sold 1,550 shares of KINDER MORGAN, INC. Class P Common Stock on August 17, 2026. The sale was reported as an open-market transaction, reflecting a modest reduction in his directly held position at the company.

At what price did Michael P. Garthwaite sell KMI (EP) shares in this Form 4 filing?

The shares were sold at a weighted average price of $32.653 per share. Individual trades occurred in multiple transactions at prices ranging from $32.475 to $32.825 per share, as disclosed in the filing’s footnotes.

How many KINDER MORGAN, INC. (EP) shares does Michael P. Garthwaite hold after the reported sale?

Following the sale, Michael P. Garthwaite holds 50,413 shares of KINDER MORGAN, INC. Class P Common Stock directly. This figure reflects his remaining ownership position after disposing of 1,550 shares in the reported transaction.

Was the KMI (EP) insider sale by Michael P. Garthwaite under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on December 9, 2025. Such plans allow pre-arranged trades, reducing the informational significance of the exact timing of the sale.

What type of security did the KMI (EP) Form 4 report for Michael P. Garthwaite?

The Form 4 reports transactions in Class P Common Stock of KINDER MORGAN, INC. This is a non-derivative equity security, indicating a direct ownership interest rather than options or other derivative instruments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/18/2026 - 05:02 PM Accepted by SEC EDGAR 08/18/2026 - 05:01 PM Learn about SEC filing dates

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)
08/17/2026

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	08/17/2026		S(1)		1,550	D	$32.653(2)	50,413	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 $32.475 to $32.825 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	08/17/2026
	** 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)