James Catherine C. 4
Research Summary
AI-generated summary
Kinder Morgan (KMI) VP/GC Catherine C. James Receives RSU Award
What Happened
- Catherine C. James, Vice President and General Counsel of Kinder Morgan, received an award of 49,414 restricted stock units (RSUs) on 2026-07-21. The grant shows a $0.00 acquisition price (an equity award, not a cash purchase or sale). These are derivative awards that will convert to shares at settlement if conditions are met.
Key Details
- Transaction date: 2026-07-21; Form filed: 2026-07-23 (filed within the typical two-business-day window).
- Grant details: 49,414 RSUs, acquisition price $0.00 (code A — award/grant).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: Each RSU represents the right to receive one share of Class P common stock (F1). The RSUs are scheduled to vest on July 31, 2029, contingent on the achievement of certain performance goals (F2).
- Timing/filing status: Filing appears timely (not flagged late).
Context
- This is a typical long-term incentive award rather than an immediate purchase or sale. No cash changed hands at grant; value to the insider depends on future vesting and Kinder Morgan’s stock price at settlement. Awards tied to performance and multi-year vesting are common for senior executives and do not by themselves indicate immediate bullish or bearish action.