Research Summary
AI-generated summary of this SEC filing
KMI CEO Kimberly Dang Receives 399,167 RSU Award
What Happened Kimberly A. Dang, CEO of Kinder Morgan, was granted 399,167 restricted stock units (RSUs) on July 21, 2026. The award is reported as a derivative acquisition at $0.00. Each RSU represents the right to receive one share of Class P common stock at settlement, and these units are scheduled to vest on July 31, 2029, subject to achievement of specified performance goals.
Key Details
- Transaction date: July 21, 2026; Form 4 filed July 23, 2026 (appears timely).
- Transaction type/code: Award/Grant (A) — 399,167 RSUs; reported acquisition price: $0.00.
- Footnotes: F1 — each RSU equals one share of Class P common stock at settlement. F2 — RSUs vest on July 31, 2029, contingent on performance goals.
- Shares owned after transaction: Not disclosed in the provided filing.
- No sale or purchase of stock occurred; this is a compensation award (derivative grant).
Context RSU grants are common executive compensation and do not involve immediate cash paid by the insider. They typically convert to actual shares (or cash equivalent) only if and when vesting conditions are met. Because vesting here is performance-based and occurs in 2029, the economic benefit to the insider depends on future performance metrics and Kinder Morgan’s stock price at settlement.