Insider trade

CFO sold ~$600K of KMI shares in the open market

Traded Jan 22, 2026 · Filed Jan 27, 2026

Kinder MorganKMI

~$600K
Reported value · 20K sh @ $30.00: 139K
Holds after · shares reported: +5.8%
stock since the trade · S&P 500 +12.5%, $29.69 → $31.41 on Oct 5

Why it stands out

The money chief of Kinder Morgan sold $600K of Kinder Morgan shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jan 22, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 27, 2026

CFO$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$600,000

Shares × reported transaction price

Timing vs results

1 day after results of Jan 21, 2026, 90 days before results of Apr 22, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $29.69 on Jan 22, 2026, within 3% of its 52-week high, after a 9% rise over the previous 30 trading days

52-week range $25.21 (Apr 8, 2025) to $30.48 (Jan 23, 2025), 85% of the way up, from 251 adjusted closes. 30 trading days earlier: $27.29 on Dec 8, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+2.5%	-0.9%	+3.3%
30 days	+11.7%	-0.9%	+12.6%
90 days	+4.6%	+2.8%	+1.8%
180 days	+7.3%	+6.3%	+1.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001573038-26-000002
Filed / recorded: Jan 27, 2026, 4:20 AM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: KINDER MORGAN, INC.
Issuer CIK: 1506307
Ticker: KMI
Reporting person: David Patrick Michels
Relationship: Officer
Officer title: VP and Chief Financial Officer
Security: Class P Common Stock
Table: Non-derivative (Table I)
Transaction date: Jan 22, 2026
Transaction code: S
Shares / units: 20,000
Price per share: $30.00
Acquired / disposed: Disposed (D)
Shares owned after: 139,428
Ownership form: Direct
Amendment: No

Footnotes from the filing

Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 19, 2025 and expires January 31, 2026. The plan is in accordance with Rule 10b5-1 under the Securities Exchange Act, as amended.