Kinder Morgan (NYSE: KMI) CEO awarded 399,167 RSUs vesting in 2029
Rhea-AI Filing Summary
Dang Kimberly A reported acquisition or exercise transactions in this Form 4 filing.
Kinder Morgan, Inc. granted Chief Executive Officer Kimberly A. Dang 399,167 restricted stock units (RSUs). Each RSU represents the right to receive one share of Class P Common Stock at settlement and is scheduled to vest on July 31, 2029, subject to achievement of specified performance goals. Following this award, Dang holds 399,167 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dang Kimberly A
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1, F2 | 399,167 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 399,167 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
- F2. These restricted stock units are scheduled to vest on July 31, 2029, subject to achievement of certain performance goals.
Key Figures
RSUs granted: 399,167 restricted stock units
Vesting date: July 31, 2029
Settlement ratio: 1 RSU = 1 share Class P Common Stock
+1 more
4 metrics
RSUs granted
399,167 restricted stock units
Grant of restricted stock units to CEO Kimberly A. Dang
Vesting date
July 31, 2029
Scheduled vesting date of granted restricted stock units
Settlement ratio
1 RSU = 1 share Class P Common Stock
Each restricted stock unit represents one share at settlement
RSUs held after transaction
399,167 restricted stock units
Total restricted stock units directly held by the CEO following the award
Key Terms
Restricted Stock Unit, Class P Common Stock, performance goals
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the right to receive, at settlement, one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class P Common Stock financial
"one share of Class P Common Stock."
performance goals financial
"subject to achievement of certain performance goals."
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction was reported for EP in this Kinder Morgan (KMI) Form 4?
The Form 4 reports that Kinder Morgan, Inc.’s CEO, Kimberly A. Dang, received 399,167 restricted stock units. These RSUs are a form of equity compensation tied to the company’s Class P Common Stock and are subject to future vesting conditions.
What does each restricted stock unit represent in the Kinder Morgan Form 4 tied to EP?
Each restricted stock unit represents the right to receive one share of Kinder Morgan’s Class P Common Stock at settlement. This means the 399,167 RSUs could convert into an equal number of common shares if vesting conditions are met.
What is Kimberly A. Dang’s RSU holding after this Kinder Morgan (KMI) Form 4 transaction?
After this award, Kimberly A. Dang holds 399,167 restricted stock units directly. These RSUs are derivative interests in Kinder Morgan’s Class P Common Stock and will convert into shares only if the 2029 performance-based vesting requirements are achieved.