Kinder Morgan (EP) CFO David Michels sells 20,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Kinder Morgan, Inc. VP and Chief Financial Officer David Patrick Michels reported selling 20,000 shares of Kinder Morgan Class P common stock on January 22, 2026 at a price of $30 per share. After this sale, he directly owned 139,428 shares of the company.
The sale was made under a pre-arranged Rule 10b5-1 trading plan that Michels adopted on February 19, 2025 and that expires on January 31, 2026, indicating the transaction followed a preset schedule rather than being an opportunistic trade.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Kinder Morgan (EP) report for its CFO?
Kinder Morgan reported that VP and Chief Financial Officer David Patrick Michels sold 20,000 shares of Class P common stock on January 22, 2026 at $30 per share.
How many Kinder Morgan (EP) shares does the CFO hold after this sale?
After the reported transaction, VP and Chief Financial Officer David Patrick Michels beneficially owned 139,428 shares of Kinder Morgan Class P common stock in direct ownership.
Was the Kinder Morgan (EP) CFO’s share sale part of a 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on February 19, 2025, which expires on January 31, 2026.
What is the transaction code used in this Kinder Morgan (EP) Form 4?
The Form 4 lists transaction code “S” for the CFO’s activity, indicating an open-market or private sale of Kinder Morgan Class P common stock.
Is the Kinder Morgan (EP) CFO’s ownership direct or indirect after the sale?
The Form 4 shows direct (D) ownership of 139,428 shares of Kinder Morgan Class P common stock by VP and Chief Financial Officer David Patrick Michels following the transaction.
What role does David Patrick Michels hold at Kinder Morgan (EP)?
According to the Form 4, David Patrick Michels is an officer of Kinder Morgan, Inc., serving as VP and Chief Financial Officer.