Garthwaite Michael P. 4
Research Summary
AI-generated summary
Kinder Morgan (KMI) VP Michael Garthwaite Sells 1,550 Shares
What Happened
- Michael P. Garthwaite, Vice President (Pres., Products Pipelines) at Kinder Morgan, sold 1,550 shares of KMI in an open-market transaction on March 16, 2026. The weighted average sale price was $33.30 per share, generating total proceeds of approximately $51,609. This was a sale (routine disposition), not a purchase.
Key Details
- Transaction date: 2026-03-16 (reported on Form 4 filed 2026-03-17).
- Price: weighted average $33.30 per share; individual sale prices ranged from $33.275 to $33.3101. (Reporting person can provide exact breakdown on request.)
- Shares sold: 1,550; Total proceeds ≈ $51,609.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Garthwaite on December 9, 2025.
- Timeliness: Filing appears timely (transaction 2026-03-16; Form 4 filed 2026-03-17).
Context
- Trades under a 10b5-1 plan are prearranged and typically routine, so they do not necessarily reflect the insider's current view of company prospects. This was a sale (S), which is generally less informative for bullish signals than purchases.