Garthwaite Michael P. 4

What Happened
Michael P. Garthwaite, Vice President (President, Products Pipelines) of Kinder Morgan, sold 1,550 shares on May 18, 2026 in an open-market/private sale. The reported weighted-average price was $33.65 per share, for total proceeds of approximately $52,151. This was a sale (not a purchase), and the filing indicates the transactions were executed under a pre-established 10b5-1 trading plan.

Key Details

• Transaction date: 2026-05-18; filing date: 2026-05-19 (timely filing).
• Transaction type/code: Sale (S) — open market or private sale.
• Shares sold: 1,550; weighted-average price: $33.65; total proceeds ≈ $52,151.
• Reported price range: $33.52 to $33.75 per share (sold in multiple transactions).
• Footnotes: F1 — sales were made under a 10b5-1 plan adopted Dec 9, 2025; F2 — weighted-average price reported, and the filer can provide per-price breakdown on request.
• Shares owned after transaction: not specified in the excerpt provided — check the full Form 4 for post-transaction holdings.

Context
Sales executed under 10b5-1 plans are pre-scheduled and are often routine portfolio-management transactions rather than new, discretionary insider trades. For retail investors, purchases can be a stronger signal of insider conviction than routine sales. Consult the complete Form 4 (Accession No. 0001506307-26-000045) for full ownership details and any additional context.