4Filed Aug 2, 8:00 PM ET
Kinder Morgan (KMI) VP/COO James Holland Receives 130,209 Shares
$KMI · KINDER MORGAN, INC.Research Summary
AI-generated summary of this SEC filing
Kinder Morgan (KMI) VP/COO James Holland Receives 130,209 Shares
What Happened
- James E. Holland, Vice President and Chief Operating Officer of Kinder Morgan (KMI), had 130,209 restricted stock units (RSUs) settle into 130,209 shares on July 31, 2026.
- To satisfy tax withholding, 50,993 of those shares were withheld by the issuer at a closing price of $32.18, generating a withholding value of about $1,640,955. The remaining 79,216 shares stayed with Holland (net increase ≈ 79,216 shares, roughly $2.55M at the $32.18 closing price).
- This was a scheduled RSU vesting/settlement (an award vesting), not an open-market purchase or a discretionary sale.
Key Details
- Transaction date: July 31, 2026; filing date (Form 4): August 3, 2026 — the filing appears to be timely (within the usual two business-day window).
- Items reported:
- 130,209 RSUs converted to shares (derivative conversion; code M).
- 50,993 shares withheld by the issuer to cover taxes (withholding; code F) at $32.18 per share = $1,640,955.
- Footnotes:
- F1/F4/F5: These were restricted stock units (1 RSU = 1 share) that vested on July 31, 2026 and settled in Class P Common Stock.
- F2: Shares were withheld to satisfy tax withholding obligations.
- F3: $32.18 was the closing price on the vesting date.
- Shares owned after transaction: Not specified in the filing (filing does not report Holland’s total beneficial ownership after this settlement).
Context
- This is a routine equity award vesting event (an award converting to shares) with a portion withheld to cover taxes — common for executive compensation. It is not an open-market purchase (which might be interpreted as a bullish signal) nor an outright sale to raise cash (other than the withholding for taxes).