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KINDER MORGAN, INC. — Director's Dealing 2025
Aug 4, 2025
29959_dirs_2025-08-04_dc416930-da53-4855-a3b7-d603b1280839.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KINDER MORGAN, INC. (KMI)
CIK: 0001506307
Period of Report: 2025-07-31
Reporting Person: Michels David Patrick (VP and Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | Class P Common Stock | M | 86656 | — | Acquired | 233124 | Direct |
| 2025-07-31 | Class P Common Stock | F | 33696 | $28.06 | Disposed | 199428 | Direct |
| 2025-08-04 | Class P Common Stock | S | 40000 | $28.1929 | Disposed | 159428 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-07-31 | Restricted Stock Unit | $ | M | 86656 | Disposed | Class P Common Stock (86656) | Direct |
Footnotes
F1: This transaction represents the settlement of restricted stock units in shares of Class P Common Stock on their scheduled vesting date.
F2: Represents shares withheld by the issuer to satisfy tax withholding obligations upon the reported vesting of restricted stock units.
F3: Closing price of Class P Common Stock on the date of vesting.
F4: Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 19, 2025 in accordance with Rule 10b5-1 under the Securities Exchange Act, as amended.
F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.11 to $28.45 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6: Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
F7: These restricted stock units vested on July 31, 2025.