[Form 4] Kinder Morgan, Inc. Insider Trading Activity

Rhea-AI Filing Summary

John W. Schlosser, Vice President (President, Terminals) of Kinder Morgan, Inc. (KMI), reported a sale of company stock on 09/08/2025. The filing shows he disposed of 6,166 shares of KMI common stock at a price of $27 per share, leaving him with 225,868 shares beneficially owned after the transaction. The sale was executed under a 10b5-1 trading plan adopted May 7, 2025, indicating the trades were preplanned. The Form 4 is a routine Section 16 disclosure of an officer’s stock sale.

Positive

• Sale executed under a 10b5-1 trading plan, which supports preplanned, non-opportunistic selling
• Form 4 filed disclosing insider activity, demonstrating regulatory compliance and transparency

Negative

• Officer disposed of 6,166 shares, which represents insider selling (may be viewed negatively by some investors)

Insights

Financial Analyst

TL;DR: Routine officer sale under a pre-established 10b5-1 plan; small relative disposition, neutral for fundamentals.

The report discloses a single non-derivative sale of 6,166 shares at $27, leaving the reporting person with 225,868 shares. Executing under a 10b5-1 plan reduces concerns about opportunistic timing, so the transaction is unlikely to signal new company-specific information or change the company’s financial profile. The size of the sale should be viewed in context of total holdings; the filing shows continuation of ordinary insider liquidity rather than a material shift in ownership.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16 and notes 10b5-1 plan use; governance signals are neutral to slightly positive for process.

The Form 4 properly reports the officer-level disposition and cites a 10b5-1 plan adopted May 7, 2025, which documents preauthorization and can mitigate insider trading concerns. From a governance perspective, reliance on a documented trading plan is a best practice for executives selling equity. There is no indication of insider purchases, unusual timing, or related-party transactions in this filing.

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^*

Schlosser John W

(Last) (First) (Middle)

1001 LOUISIANA, 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)
	V.P. (President, Terminals)

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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	09/08/2025		S(1)		6,166	D	$27	225,868	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 May 7, 2025 in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

Remarks:

	/s/ John W. Schlosser	09/08/2025
	** 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 did John W. Schlosser report on Form 4 for KMI?

He reported a sale of 6,166 shares of Kinder Morgan common stock on 09/08/2025 at a price of $27 per share.

Was the KMI sale by the officer part of a 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a 10b5-1 trading plan adopted May 7, 2025.

How many KMI shares does John W. Schlosser own after the transaction?

The Form 4 shows 225,868 shares beneficially owned following the reported sale.

What is John W. Schlosser's role at Kinder Morgan?

He is reported as an Officer with the title V.P. (President, Terminals).

Does the Form 4 indicate any derivative transactions or amendments?

No. The filing shows only a non-derivative sale and does not indicate derivative transactions or an amendment date.