Kinder Morgan (KMI) VP Catherine C. James Receives 69,445 RSUs

What Happened
Catherine C. James, Vice President and General Counsel of Kinder Morgan, had 69,445 restricted stock units (RSUs) vest on July 31, 2026. The RSUs converted to 69,445 shares (reported as an M-type exercise/conversion at $0.00 acquisition price), and the company withheld 26,760 of those shares to satisfy tax withholding obligations (reported as an F-type disposition at $32.18/share, totaling $861,137). Net shares delivered to Ms. James after withholding were 42,685 (69,445 vested − 26,760 withheld). This was a routine compensation vesting event, not an open-market buy or discretionary sale.

Key Details

• Transaction date: July 31, 2026; Form 4 filed Aug 3, 2026 (filing appears timely).
• Vested/converted: 69,445 RSUs → 69,445 shares (reported at $0.00 acquisition price).
• Tax withholding: 26,760 shares withheld at $32.18/share = $861,137 (issuer withheld shares to cover taxes).
• Net shares retained by reporting person: 42,685 (vesting minus withholding).
• Shares owned after transaction: Not specified in this Form 4.
• Relevant footnotes: RSUs vested on July 31, 2026; each RSU equals one share; shares were withheld by the issuer to satisfy tax withholding; reporting person disclaims beneficial interest in spouse’s shares.

Context
This filing reflects a standard equity compensation settlement (vesting of RSUs) rather than a market purchase or a deliberate sale. Withholding shares to cover taxes is common and typically routine; it does not by itself indicate a change in insider sentiment.