STOCK TITAN

Kinder Morgan (KMI) terminals president sells 6,166 shares in 10b5-1 trade

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

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 Schlosser John W
Role V.P. (President, Terminals)
Sold 6,166 shs ($196K)
Type Security Shares Price Value
Sale Class P Common Stock 6,166 $31.83 $196K
Holdings After Transaction: Class P Common Stock — 170,374 shares (Direct, null)
Footnotes (1)
  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.
Shares sold 6,166 shares Open-market sale of Class P Common Stock
Weighted average sale price $31.83 per share Average price across multiple sale transactions
Post-transaction holdings 170,374 shares Direct ownership after reported sale
Price range of sales $31.64–$31.90 per share Range for individual trades within the sale
Trading plan adoption date May 7, 2025 Adoption date of Rule 10b5-1 trading plan
Transaction code S Sale in open market or private transaction
Rule 10b5-1 trading plan regulatory
"Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 7, 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.
Class P Common Stock financial
"security_title": "Class P Common Stock""
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.
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.
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SEC Form 4
FORM 4UNITED 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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
V.P. (President, Terminals)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class P Common Stock06/05/2026S(1)6,166D$31.83(2)170,374D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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, 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 $31.64 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.
Remarks:
/s/ John W. Schlosser06/05/2026
** Signature of Reporting PersonDate
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 did Kinder Morgan (KMI) executive John W. Schlosser report in this Form 4?

John W. Schlosser reported selling 6,166 shares of Kinder Morgan Class P Common Stock. The sale was an open-market transaction at a weighted average price of $31.83 per share, and he continues to hold 170,374 shares directly after the trade.

How many Kinder Morgan shares did John W. Schlosser sell and at what price?

He sold 6,166 shares of Kinder Morgan Class P Common Stock. The filing reports a weighted average sale price of $31.83 per share, with individual trades executed between $31.64 and $31.90 according to the detailed pricing footnote.

Does John W. Schlosser still own Kinder Morgan shares after this reported sale?

Yes. After selling 6,166 shares, John W. Schlosser directly owns 170,374 Kinder Morgan Class P Common Stock shares. This indicates he retains a significant equity interest in the company despite the open-market sale reported in this Form 4.

Was John W. Schlosser’s Kinder Morgan stock sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on May 7, 2025. Such plans pre-schedule trades, helping separate routine diversification or liquidity transactions from discretionary timing decisions by insiders.

What price range did John W. Schlosser’s Kinder Morgan share sales cover?

The Form 4 explains that the $31.83 price is a weighted average. The 6,166 shares were sold in multiple transactions at prices ranging from $31.64 to $31.90 per share, with detailed trade information available upon request to the reporting person.