Michael P. Garthwaite, an officer at Kinder Morgan, Inc., has sold 1,550 shares of the company’s stock, according to a recent SEC filing. This transaction, which occurred on October 16, 2026, is part of a broader trend of management activity within the energy sector.
About Kinder Morgan, Inc.
Kinder Morgan, Inc. is a leading energy and transportation company that primarily operates in the natural gas transmission sector. The company is incorporated in Delaware and has its headquarters in Houston, Texas. It trades under the ticker symbol KMI. The most recent filings indicate that the company has been active in the market, with several transactions reported over the past few months.
Details of the Filing
The SEC filing, accession number 0001506307-26-000128, details Garthwaite's sale of 1,550 shares of Class P Common Stock at a weighted average price of $33.647. The shares were sold under a 10b5-1 trading plan established on December 9, 2025. Following this transaction, Garthwaite retains ownership of 47,313 shares.
Impact of the Sale
This sale may affect investor perceptions of Kinder Morgan, especially as it comes from a high-ranking officer. Such transactions can often indicate confidence or concerns regarding the company’s future performance. However, the use of a trading plan suggests that Garthwaite's actions were premeditated and part of a broader strategy.
What’s Next?
The filing does not say what happens next.