Garthwaite Michael P. 4
Research Summary
AI-generated summary
Kinder Morgan VP Michael Garthwaite Sells 1,550 Shares
What Happened
Michael P. Garthwaite, Vice President (President, Products Pipelines) of Kinder Morgan, sold 1,550 shares of KMI on April 16, 2026. The reported weighted-average price was $31.72 per share, for total proceeds of $49,168. The sale was effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-04-16 (reported on Form 4 filed 2026-04-17).
- Transaction type: Sale (open market) under a 10b5-1 plan adopted December 9, 2025.
- Price: Weighted average $31.72; execution prices ranged from $31.695 to $31.765 per share.
- Shares sold: 1,550; proceeds ≈ $49,168.
- Shares owned after transaction: Not specified in this Form 4.
- Filing timeliness: Filed next day (appears timely).
- Footnote offer: Reporting person will provide, upon request, the number of shares sold at each separate price.
Context
Sales under 10b5-1 plans are pre-arranged and typically follow a preset schedule rather than reflecting immediate views on the company's outlook. This filing documents a routine insider sale; it is factual disclosure rather than a direct signal about future company performance.