Kinder Morgan (KMI) terminals president sells 6,166 shares in 10b5-1 trade
Rhea-AI Filing Summary
Kinder Morgan, Inc. executive John W. Schlosser, President of Terminals, reported an open-market sale of Class P Common Stock. He sold 6,166 shares at a weighted average price of $31.83 per share under a pre-arranged Rule 10b5-1 trading plan adopted on May 7, 2025. After this transaction, he directly holds 170,374 shares, indicating he retains a substantial equity position while executing a scheduled diversification or liquidity move.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 insider sale with sizable remaining stake.
Vice President John W. Schlosser sold 6,166 shares of Kinder Morgan Class P Common Stock at a weighted average price of $31.83 per share. The sale was executed under a Rule 10b5-1 trading plan adopted on May 7, 2025, indicating it was pre-scheduled.
Following the transaction, Schlosser still directly owns 170,374 shares. The filing shows no derivative transactions and no gifts or tax-withholding sales. Because the sale is relatively small compared with his remaining holdings and was made under a pre-arranged plan, it looks like a routine liquidity event rather than a strong signal about company prospects.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class P Common Stock | 6,166 | $31.83 | $196K |
Footnotes (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, as amended. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.64 to $31.90 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.