Garthwaite Michael P. 4

What Happened
Michael P. Garthwaite, Vice President (President, Products Pipelines) of Kinder Morgan, was granted 61,767 restricted stock units (RSUs) on July 21, 2026. The grant is reported as an award/acquisition (code A) at an effective price of $0.00 (derivative grant) and represents rights to receive Class P common shares at settlement. This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-21; Form 4 filed: 2026-07-23 (filed timely).
• Grant: 61,767 RSUs, reported at $0.00 per unit (derivative award).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU converts to one share of Class P Common Stock at settlement. F2 — these RSUs are scheduled to vest on July 31, 2029, subject to achieving specified performance goals.
• Transaction code: A = Award/Grant.

Context
RSUs are compensation that convert to actual shares only upon vesting/settlement; they do not generate immediate cash proceeds or indicate an open-market investment. The award is performance-conditioned and scheduled to vest in 2029, so it primarily reflects long-term incentive/retention comp.