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Kinder Morgan (EP) CFO David Michels sells 20,000 shares under 10b5-1 plan

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

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.
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*
Michels David Patrick

(Last) (First) (Middle)
1001 LOUISIANA STREET, 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)
VP and Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026
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 01/22/2026 S(1) 20,000 D $30 139,428 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 February 19, 2025 and expires January 31, 2026. The plan is in accordance with Rule 10b5-1 under the Securities Exchange Act, as amended.
Remarks:
/s/ David P. Michels 01/26/2026
** 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 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.

Kinder Morgan Inc Del

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