Form 4: Kinder Morgan VP Executes Planned Stock Sale

Kinder Morgan Vice President Michael P. Garthwaite sold 1,550 shares of common stock under a pre-established 10b5-1 trading plan.

Summary

• Michael P. Garthwaite, VP of Products Pipelines at Kinder Morgan, Inc. (KMI), sold 1,550 shares of common stock.
• The transaction occurred on May 18, 2026.
• The shares were sold at a weighted average price of $33.646 per share, with individual transaction prices ranging from $33.52 to $33.75.
• Following this transaction, the reporting person retains beneficial ownership of 43,293 shares of KMI common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed under a pre-planned 10b5-1 arrangement, which is a standard administrative action for corporate officers.

Positives

• The sale was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan, which indicates the transaction was scheduled in advance rather than based on non-public information.

Negatives

• The transaction represents a reduction in the insider's direct equity stake in the company.

Risks

• None identified in this filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling via 10b5-1 plans is a standard corporate governance practice and typically does not signal a change in management's outlook on the company's performance.

Comparison to Industry Standards

• The use of 10b5-1 plans is the industry standard for executives to liquidate equity positions while maintaining compliance with SEC insider trading regulations.

Stakeholder Impact

• Minimal impact on shareholders as the sale was pre-planned and represents a small fraction of the officer's total holdings.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

Kinder Morgan, KMI, Insider Trading, Form 4, SEC Filing, Stock Sale, 10b5-1 Plan