Kinder Morgan CEO Kimberly Dang Receives RSU Shares; 250K Withheld

What Happened

• Kimberly A. Dang, CEO of Kinder Morgan, had 636,575 restricted stock units (RSUs) vest and convert into Class P common shares on July 31, 2026. Of those, 250,233 shares were withheld by the company to satisfy tax withholding obligations at a closing price of $32.18, yielding a withholding value of approximately $8,052,498. The remaining shares were delivered to Ms. Dang.
• This was not an open-market sale by the CEO; it was the routine settlement of equity awards and tax withholding.

Key Details

• Transaction date: July 31, 2026; Form 4 filed August 3, 2026 (filing appears timely).
• Primary actions recorded: conversion/settlement of RSUs (transaction code M) and shares withheld for tax withholding (transaction code F).
• Shares settled: 636,575 RSUs; shares withheld/disposed for taxes: 250,233 at $32.18 each (≈ $8,052,498).
• Footnotes: RSUs represent the right to receive one share each and vested on July 31, 2026; shares were withheld by the issuer to satisfy tax obligations; one footnote disclaims 10% beneficial ownership of shares owned by a limited partnership.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was a standard equity award settlement where RSUs vested and were converted to shares. The withholding of shares for taxes is a routine, administrative action (cashless-for-taxes) and should not be read as a discretionary sale by the insider.