KMI insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Michael Garthwaite VP (Pres., Products Pipelines)	1,550	$30.80	3.1%	49K	Sep 16, 2026	Sep 18, 2026

What stands out

Three insiders bought shares: Richard Kinder (1.00M shares, $26.0M), Amy Chronis (4.3K shares, $112K) and William Smith (3K shares, $89K).Richard Kinder: purchase, Oct 27, 2025 · Amy Chronis: purchase, Oct 31, 2025 · William Smith: purchase, Feb 2, 2026

John Schlosser sold 25% of vested holdings: 55K shares for $1.7M, all under a disclosed plan.Largest sale, Mar 5, 2026

Michael Garthwaite sold 11K shares (23% of starting holdings), but 16K more vested, so the stake grew (from 48K to 49K).Largest sale, May 18, 2026

Percentages cover 13 of 17 officers and directors. 4 are left out

Left out: Richard Kinder (most holdings were last confirmed in 2018); David Michels and Anthony Ashley (most of their shares vested during the period, so a percentage would mislead); Sital Mody (held no vested shares at the start).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

John Schlosser

V.P. (President, Terminals)

25% · $1.7MDisclosed plan

David Michels

VP and Chief Financial Officer

Sold 9% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.

$600KDisclosed plan

Michael Garthwaite

VP (Pres., Products Pipelines)

Sold 23%, but 16K shares were added (mostly vesting), so the stake grew

23% · $350KDisclosed plan

Anthony Ashley

VP (President, CO2 and ETV)

Sold 5% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.

$256KNo plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Common questions

Is the Kinder Morgan CEO selling stock?

No. Kimberly Dang reported no open-market sales in the past 12 months.

Why are Kinder Morgan insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 91% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 9% had no disclosed plan. A trading plan schedules sales in advance.

Are any Kinder Morgan insiders buying?

Yes. 3 officers or directors reported 4 purchases in the past 12 months (Form 4 code P, which includes private purchases).

How much of their stake did Kinder Morgan insiders sell?

About 1.2% overall. As a group they ended with more shares than they started with. The biggest individual seller, John Schlosser, gave up 25% of starting holdings. These figures leave out Richard Kinder, the largest holder (most holdings were last confirmed in 2018). That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold4 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
John Schlosser V.P. (President, Terminals)	$1.7M 55K shares	25%	Disclosed plan
David Michels VP and Chief Financial Officer	$600K 20K shares	9%† i † Most of the shares David Michels sold arrived during the period, so this is shares sold as a share of the 159K held at the start plus the 122K received, less 48K withheld by the company for taxes.	Disclosed plan
Michael Garthwaite VP (Pres., Products Pipelines)	$350K 11K shares	23%	Disclosed plan
Anthony Ashley VP (President, CO2 and ETV)	$256K 8K shares	5%† i † Most of the shares Anthony Ashley sold arrived during the period, so this is shares sold as a share of the 108K held at the start plus the 104K received, less 40K withheld by the company for taxes.	No plan disclosed

The full ownership picture17 of 17 insiders fully reconciled · 17 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Richard Kinder

Most of this insider's holdings were last confirmed in 2018. Confirmed in the last three years: 258,086,579 shares. Not confirmed since: 469,074,706 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.

Executive Chairman, Director

257.09M

258.09M

see note

Vesting, gifts, unvested awards and holding lines for Richard Kinder

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	245,212,353	246,212,353
Limited Partnership	Class P Common Stock	11,812,747	11,812,747
Spouse	Class P Common Stock	61,479	61,479

Additional holdings last reported Sep 27, 2018, not confirmed since: 469,074,706 shares. Not included in any total or percentage on this page.

Direct, COMMON STOCK: 150,000 shares, last reported Aug 3, 2011
Direct, Cass P Common Stock: 233,712,353 shares, last reported Dec 2, 2014
Direct, Common P Class Stock: 235,212,353 shares, last reported Sep 27, 2018

Kimberly Dang

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Chief Executive Officer, Director

2.86M

3.24M

no sales

Vesting, gifts, unvested awards and holding lines for Kimberly Dang

+637Kshares vested or exercised

0gifted (net of own trusts)

−250Kwithheld by the company for taxes

1.60M → 1.36Munvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	830,601	1,216,943
Limited Partnership	Class P Common Stock	2,026,048	2,026,048

Additional holdings last reported Sep 14, 2012, not confirmed since: 2,232,620 shares. Not included in any total or percentage on this page.

Limited Partnership, Class C common stock: 2,232,620 shares, last reported Sep 14, 2012

Thomas Martin

President

1.28M

no sales

Vesting, gifts, unvested awards and holding lines for Thomas Martin

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	1,003,681	1,003,681
Trust	Class P Common Stock	277,950	277,950

James Holland

VP and COO

535K

615K

no sales

Vesting, gifts, unvested awards and holding lines for James Holland

+130Kshares vested or exercised

0gifted (net of own trusts)

−51Kwithheld by the company for taxes

335K → 204Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	535,477	614,693

Dax Sanders

President

292K

369K

no sales

Vesting, gifts, unvested awards and holding lines for Dax Sanders

+130Kshares vested or exercised

−1.5Kgifted (net of own trusts)

−51Kwithheld by the company for taxes

347K → 316Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	292,000	369,471

John Schlosser

V.P. (President, Terminals)

220K

−55K

164K

75%

Vesting, gifts, unvested awards and holding lines for John Schlosser

0shares vested or exercised

0gifted (net of own trusts)

183K → 263Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	219,702	164,208

David Michels

VP and Chief Financial Officer

159K

−20K

213K

not meaningful

Vesting, gifts, unvested awards and holding lines for David Michels

+122Kshares vested or exercised

0gifted (net of own trusts)

−48Kwithheld by the company for taxes

333K → 297Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	159,428	213,383

Catherine James

VP and General Counsel

123K

166K

no sales

Vesting, gifts, unvested awards and holding lines for Catherine James

+69Kshares vested or exercised

0gifted (net of own trusts)

−27Kwithheld by the company for taxes

175K → 155Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	122,653	165,338
401(k) Plan	Class P Common Stock	286	286
Spouse	Class P Common Stock	75	75

Anthony Ashley

VP (President, CO2 and ETV)

108K

−8K

164K

not meaningful

Vesting, gifts, unvested awards and holding lines for Anthony Ashley

+104Kshares vested or exercised

0gifted (net of own trusts)

−40Kwithheld by the company for taxes

278K → 240Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	108,146	164,038

Kenneth Grubb

Started reporting during the period; starting holdings are from the Form 3.

VP and COO

66K

no sales

Vesting, gifts, unvested awards and holding lines for Kenneth Grubb

0shares vested or exercised

0gifted (net of own trusts)

133K → 133Kunvested awards, start → end

Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	66,328	66,328

Michael Pitta

Minor difference of 500 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

VP and Chief Admin. Officer

66K

77K

no sales

Vesting, gifts, unvested awards and holding lines for Michael Pitta

+14Kshares vested or exercised

0gifted (net of own trusts)

−3.5Kwithheld by the company for taxes

67K → 78Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	65,791	77,236

Reconciliation: minor difference of 500 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Kevin Grahmann

V.P., Corporate Development

59K

86K

no sales

Vesting, gifts, unvested awards and holding lines for Kevin Grahmann

+41Kshares vested or exercised

0gifted (net of own trusts)

−14Kwithheld by the company for taxes

115K → 105Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	58,653	85,587

Robert Vagt

Director

49K

51K

no sales

Vesting, gifts, unvested awards and holding lines for Robert Vagt

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	49,189	50,979

Michael Garthwaite

VP (Pres., Products Pipelines)

48K

−11K

49K

+1.9%

Vesting, gifts, unvested awards and holding lines for Michael Garthwaite

+16Kshares vested or exercised

0gifted (net of own trusts)

−4.1Kwithheld by the company for taxes

74K → 120Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	47,943	48,863

William Smith

Director

48K

51K

no sales

Vesting, gifts, unvested awards and holding lines for William Smith

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	28,087	31,087
Spouse	Class P Common Stock	19,581	19,581

Amy Chronis

Director

35K

48K

no sales

Vesting, gifts, unvested awards and holding lines for Amy Chronis

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	34,764	48,001

Sital Mody

V.P. (Pres.,Nat Gas Pipelines)

70K

no sales

Vesting, gifts, unvested awards and holding lines for Sital Mody

+116Kshares vested or exercised

0gifted (net of own trusts)

−46Kwithheld by the company for taxes

324K → 362Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Class P Common Stock	0	70,196

17 of 17 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (16 exactly, 1 with a minor or footnoted difference). Percentages cover 13 of 17 officers and directors. Left out: Richard Kinder (most holdings were last confirmed in 2018); David Michels and Anthony Ashley (most of their shares vested during the period, so a percentage would mislead); Sital Mody (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$2.9M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $2.9M across 94,344 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $2.6M · 91%

The lighter segment is sales with no plan disclosed in the filing ($256K), including tax-related sales outside a plan.

No plan disclosed · $256K

Sales with no 10b5-1 plan and no tax reference in the filing. $256K of it is Anthony Ashley. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Anthony Ashley, Feb 17, 2026

Taxes

533,861 shares ($17.2M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 3 buyers (4 trades)

3 officers and directors bought shares in this period, in 4 trades(Form 4 code P). Across all their filings on record there are 106 purchase trades.

Charitable gifts · 1.5K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
John Schlosser V.P. (President, Terminals)	55K	$1.7M	100%	58%	Nov 10, 2025 to Jul 6, 2026
David Michels VP and Chief Financial Officer	20K	$600K	100%	21%	Jan 22, 2026 to Jan 22, 2026
Michael Garthwaite VP (Pres., Products Pipelines)	11K	$350K	100%	12%	Mar 16, 2026 to Sep 16, 2026
Anthony Ashley VP (President, CO2 and ETV)	8K	$256K	0%	9%	Feb 17, 2026 to Feb 17, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$166K	$166K	$0	$0
Dec 2025	$171K	$171K	$0	$0
Jan 2026	$769K	$769K	$0	$0
Feb 2026	$441K	$186K	$0	$256K
Mar 2026	$259K	$259K	$0	$0
Apr 2026	$252K	$252K	$0	$0
May 2026	$252K	$252K	$0	$0
Jun 2026	$245K	$245K	$0	$0
Jul 2026	$247K	$247K	$0	$0
Aug 2026	$51K	$51K	$0	$0
Sep 2026	$48K	$48K	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about one-fifth of the 5-year average. 4 insiders sold; the average is 4 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	94K	4	$2.9M
Oct 8, 2025 1 year earlier	1.44M	8	$37.0M
Oct 8, 2024 2 years earlier	567K	6	$11.1M
Oct 9, 2023 3 years earlier	86K	3	$1.5M
Oct 9, 2022 4 years earlier	177K	3	$3.3M
Oct 9, 2021 5 years earlier	74K	2	$1.3M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Michael Pitta: minor difference of 500 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "Limited Partnership" is treated as the same holder as "Family Limited Partnership", because the old name was never reported again and the new one opened with the same balance (1,957,784 shares). Old name, new name

Inferred typo: the share class "Class P. Common Stock" is treated as the same class as "Class P Common Stock" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Richard Kinder, 231,688,110 shares): old title, new title

Inferred rename: the share class "COMMON STOCK" is treated as the same class as "Class P common stock" on 1 holding line, because the old title was never reported again on those lines and each balance carried over exactly. Example (James Street, 158,446 shares): old title, new title

Inferred rename: the share class "Shares" is treated as the same class as "Class P Common Stock" on 1 holding line, because the old title was never reported again on those lines and each balance carried over exactly. Example (Deborah Macdonald, 10,000 shares): old title, new title

Inferred rename: the share class "Common Stock" is treated as the same class as "Class P Common Stock" on 4 holding lines, because the old title was never reported again on those lines and each balance carried over exactly. Example (Dax Sanders, 202,605 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology678 filings from SEC EDGAR, and how we read them

All 678 Forms 3, 4 and 5 filed for Kinder Morgan (SEC CIK 1506307) from Feb 10, 2011 to Sep 18, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages. 1 filing was left out because Kinder Morgan filed them as an owner of another company's stock.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (37)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Michael Morgan	Feb 20, 2025	3,715,528 shares, last reported balance as of Feb 19, 2025
Park Shaper	Oct 23, 2024	10,915,683 shares, last reported balance as of Oct 22, 2024
Joel Staff	Jan 17, 2024	124,645 shares, last reported balance as of Jan 16, 2024
Steven Kean	Dec 15, 2023	7,366,062 shares, last reported balance as of Dec 14, 2023
Denise Mathews	Dec 7, 2023	80,978 shares, last reported balance as of Dec 6, 2023
Ted Gardner	Jan 19, 2023	503,633 shares, last reported balance as of Jan 17, 2023
Jesse Arenivas	Mar 1, 2022	32,727 shares, last reported balance as of Mar 1, 2022
Deborah Macdonald	Jan 20, 2022	50,608 shares, last reported balance as of Jan 18, 2022
Gary Hultquist	Jan 20, 2022	42,513 shares, last reported balance as of Jan 18, 2022
Perry Waughtal	Aug 3, 2020	299,293 shares, last reported balance as of Aug 3, 2020
Fayez Sarofim	Nov 22, 2019	45,143,524 shares, last reported balance as of Nov 20, 2019
Adam Forman	Jan 11, 2019	445,543 shares, last reported balance as of Jan 3, 2019
Ian Anderson	Sep 5, 2018	17,803 shares, last reported balance as of Dec 5, 2014
James Moffatt	Jan 18, 2018	No balance on record
Lisa Shorb	Jul 20, 2017	248,671 shares, last reported balance as of Jul 16, 2016
Ronald Kuehn Jr.	Nov 9, 2016	146,006 shares, last reported balance as of Dec 5, 2014
David DeVeau	Jul 21, 2016	354,132 shares, last reported balance as of Oct 30, 2015
Ronald McClain	Nov 23, 2015	307,520 shares, last reported balance as of Nov 13, 2015
Arthur Reichstetter	Dec 12, 2014	107,507 shares, last reported balance as of Dec 5, 2014
Michael Miller	Mar 21, 2014	102,373,937 shares, last reported balance as of Mar 14, 2014
John Stokes	Feb 14, 2014	102,373,937 shares, last reported balance as of Feb 6, 2014
James Street	Dec 5, 2013	2,071,304 shares, last reported balance as of Dec 4, 2013
David Kinder	Jan 9, 2013	2,446,145 shares, last reported balance as of Dec 26, 2012
Joseph Listengart	Jan 4, 2013	4,002,934 shares, last reported balance as of Dec 27, 2012
Henry Cornell	Oct 19, 2012	84,586,269 shares, last reported balance as of Oct 17, 2012
Kenneth Pontarelli	Oct 19, 2012	84,586,269 shares, last reported balance as of Oct 17, 2012
GSCP KMI Investors Offshore, LP	Oct 19, 2012	57,611,011 shares, last reported balance as of Oct 17, 2012
GOLDMAN SACHS GROUP INC	Oct 19, 2012	57,849,427 shares, last reported balance as of Oct 17, 2012
GS Capital Partners VI GmbH & Co KG	Oct 19, 2012	57,611,011 shares, last reported balance as of Oct 17, 2012
GS ADVISORS V, L.L.C.	Oct 19, 2012	57,611,011 shares, last reported balance as of Oct 17, 2012
Anthony Hall Jr.	Jun 4, 2012	47,260 shares, last reported balance as of May 30, 2012
LONE PINE CAPITAL LLC	Jun 1, 2012	17,624,581 shares, last reported balance as of May 25, 2012
Highstar Capital LP	Dec 12, 2011	82,114,453 shares, last reported balance as of Dec 9, 2011
C/R Energy GP III, LLC	Dec 12, 2011	77,645,704 shares, last reported balance as of Dec 9, 2011
TCG HOLDINGS LLC	Dec 12, 2011	83,134,170 shares, last reported balance as of Dec 9, 2011
Baran Tekkora		No balance on record
Glenn Youngkin		No balance on record

Kinder Morgan insiders sold $2.9M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the Kinder Morgan CEO selling stock?

Why are Kinder Morgan insiders selling?

Are any Kinder Morgan insiders buying?

How much of their stake did Kinder Morgan insiders sell?

The evidence

No plan disclosed · $256K

Taxes

Purchases · 3 buyers (4 trades)

Charitable gifts · 1.5K shares

Sales by month