Form 4: Kinder Morgan VP and COO James E. Holland Reports Stock Transactions
SEC Form 4 Filing
James E. Holland, VP and COO of Kinder Morgan, reports the settlement of restricted stock units and shares withheld for tax obligations on July 31, 2024.
Summary
- On July 31, 2024, James E. Holland, VP and COO of Kinder Morgan, settled restricted stock units, resulting in the acquisition of 100,172 shares of Class P Common Stock.
- The settlement of these restricted stock units occurred on their scheduled vesting date.
- Additionally, 38,375 shares were withheld by the issuer to cover tax obligations related to the vesting of the restricted stock units at a price of $21.13 per share.
- Following these transactions, Holland directly owns 469,211 shares of Class P Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of earliest transaction: Settlement of restricted stock units and tax withholding. |
| 08/01/2024 | Date of signature for the report. |
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