Kinder Morgan (KMI) President Dax Sanders Receives RSU Shares

What Happened
Dax Sanders, President of Kinder Morgan (KMI), had 130,209 restricted stock units (RSUs) vest on July 31, 2026. The RSUs converted into 130,209 shares; the company withheld 51,238 shares to satisfy tax withholding obligations (value withheld reported as $1,648,839 based on a $32.18 closing price), leaving a net delivery of 78,971 shares to Sanders.

Key Details

• Transaction date: July 31, 2026. Filing date: August 3, 2026 (appears timely).
• Reported entries: M = conversion/exercise of derivative into 130,209 shares (zero exercise price); F = 51,238 shares withheld for taxes at $32.18/share (withheld value $1,648,839).
• Net shares delivered to insider: 78,971 (130,209 vested − 51,238 withheld).
• Footnotes: RSUs settled on scheduled vesting date; each RSU equals one share; shares withheld to satisfy tax withholding.
• Shares owned after transaction: not specified in the filing.

Context
This was a routine RSU vesting and tax-withholding event, not an open-market purchase or sale by the insider. Reporting shows conversion of RSUs into shares and share surrender to cover withholding — a common administrative outcome of equity compensation and not a direct market sentiment signal.