John W. Schlosser - 03 Jan 2024 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Signature
/s/ John W. Schlosser
Issuer symbol
KMI
Transactions as of
03 Jan 2024
Net transactions value
-$135,000
Form type
4
Filing time
04 Jan 2024, 17:26:36 UTC
Previous filing
26 Jul 2023
Next filing
17 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMI Class P Common Stock Sale $135,000 -7,500 -70% $18.00 3,219 03 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sales were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on January 31, 2023 in accordance with Rule 10b5-1 under the Securities Exchange Act, as amended.