Form 4: Kinder Morgan President Thomas Martin Sells 18,000 Shares

Kinder Morgan's President, Thomas A. Martin, sold 18,000 shares of Class P Common Stock on April 2, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 2, 2025, Thomas A. Martin, President of Kinder Morgan, Inc., sold 18,000 shares of Class P Common Stock.
• The sale was executed under a 10b5-1 trading plan adopted on August 2, 2024.
• The shares were sold at a weighted average price of $28.7478.
• The prices for individual transactions ranged from $28.42 to $28.935 per share.
• Following the transaction, Mr. Martin directly owns 807,652 shares of Class P Common Stock.
• Mr. Martin also has indirect ownership of 277,950 shares held in a trust for family members.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction was pre-planned under a 10b5-1 trading plan and doesn't necessarily indicate a change in the executive's outlook on the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand management's perspective on the company's stock. However, sales under a 10b5-1 plan are often pre-scheduled and may not reflect a change in sentiment.

Stakeholder Impact

• The sale of shares by a company president could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Form 4, KMI, Kinder Morgan, Thomas Martin, Stock Sale, 10b5-1 Plan, Insider Trading