Form 4: Kinder Morgan Director Michael Morgan Sells Shares

Director Michael Morgan sold 160,000 shares of Kinder Morgan, Inc. (KMI) common stock on February 19, 2025.

Summary

• On February 19, 2025, Michael C. Morgan, a director of Kinder Morgan, Inc. (KMI), sold 100,000 shares of Class P Common Stock at a weighted average price of $26.83.
• He also sold 60,000 shares of Class P Common Stock at a weighted average price of $26.88.
• The sales were executed in multiple transactions with prices ranging from $26.75 to $27.19 per share.
• Following the transactions, Morgan directly owns no shares but indirectly owns 3,400,000 shares through Portcullis Partners, LP, 285,087 shares through a trust, and 22,811 shares through a family trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a company director; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some investors, potentially leading to a slight decrease in stock price, although the impact is likely minimal given the relatively small volume compared to the total outstanding shares.

Key Dates

Keywords

KMI, Kinder Morgan, Michael Morgan, stock sale, Form 4, director, common stock, Portcullis Partners