Form 4: Kinder Morgan VP Sells Shares Under 10b5-1 Plan

Kinder Morgan's VP, John W. Schlosser, sold 6,166 shares of Class P Common Stock for a weighted average price of $27.81 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• John W. Schlosser, Vice President (President, Terminals) of Kinder Morgan, Inc., sold 6,166 shares of Class P Common Stock.
• The transaction occurred on December 5, 2025.
• The shares were sold at a weighted average price of $27.81 per share, with individual prices ranging from $27.78 to $27.84.
• This sale was conducted under a Rule 10b5-1 trading plan, which was adopted by Mr. Schlosser on May 7, 2025.
• Following this transaction, Mr. Schlosser beneficially owns 207,370 shares of Class P Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is a neutral event in terms of company performance or outlook.

Positives

• The sale was executed under a pre-arranged Rule 10b5-1 trading plan, indicating a planned transaction rather than a reaction to immediate market conditions.

Negatives

• A Vice President of Kinder Morgan, Inc. sold 6,166 shares of company stock, which reduces insider ownership.

Future Outlook

NA

Industry Context

This filing reports an individual insider stock transaction and does not contain information related to broader industry trends or competitor activities.

Stakeholder Impact

• The sale by a Vice President could be interpreted by some shareholders as a slight reduction in insider confidence, though the 10b5-1 plan mitigates this interpretation.

Key Dates

Recommendation

This Form 4 reports a pre-scheduled insider stock sale under a 10b5-1 plan. Such routine transactions by an officer do not typically provide new fundamental information to warrant a change in investment recommendation for a large, established company like Kinder Morgan. Investors should consider broader company financials and market conditions.

Keywords

Kinder Morgan, KMI, Insider Sale, Form 4, John W. Schlosser, 10b5-1 Plan, Equity Transaction, Officer Sale, Common Stock