KINDER MORGAN, INC.
For the period ended Jun 30, 2025. Filed Jul 18, 2025.
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Jun 30, 2025 · Filed Jul 18, 2025
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Item 5. Other Information
Rule 10b5-1 Plans
On May 7, 2025, John W. Schlosser, Vice President (President, Terminals) of KMI, adopted a trading plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c) providing for the sale of up to 73,992 shares of KMI common stock. The expiration date for Mr. Schlosser’s plan is July 6, 2026.
Appointment of Officers
In our March 31, 2025 Form 10-Q, we reported that Dax Sanders had been appointed to succeed Tom Martin as President of KMI effective January 31, 2026, and that Mr. Sanders would serve as Executive Vice President of KMI beginning on August 1, 2025 until assuming the role of President. In recognition of Mr. Sanders’s promotion, on July 15, 2025, the Compensation Committee of our Board of Directors approved a grant to Mr. Sanders of 98,426 restricted stock units issued pursuant to KMI’s 2021 Amended and Restated Stock Incentive Plan. The restricted stock units will vest in full on July 31, 2028, provided Mr. Sanders is employed by us through such date and applicable performance hurdles have been met.
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