Form 4: Kinder Morgan Executive Sital K. Mody Reports Stock Transactions
SEC Form 4 Filing
Sital K. Mody, a Vice President at Kinder Morgan, reported the vesting and settlement of restricted stock units, along with shares withheld for tax obligations.
Summary
- On July 20, 2024, Sital K. Mody, a V.P. at Kinder Morgan, settled 41,500 restricted stock units, receiving Class P Common Stock.
- The company withheld 16,331 shares to cover tax obligations at a price of $21.49 per share.
- Following these transactions, Mody directly owns 46,582 shares of Class P Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard compensation practices of the company.
Key Dates
| Date | Description |
|---|---|
| 07/20/2024 | Date of restricted stock unit settlement and tax withholding. |
| 07/23/2024 | Date of signature on the Form 4 filing. |
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