Kinder Morgan VP Michael Garthwaite Sells $52,151 in Stock Amid Positive Company Performance
Kinder Morgan VP Michael Garthwaite sells $52,151 in stock

Image: Investing Australia
Michael P. Garthwaite, Vice President of Kinder Morgan, Inc., sold 1,550 shares of the company's stock for $52,151 on May 18, 2026. This transaction occurred as Kinder Morgan's stock neared its 52-week high, following strong financial results for the first quarter of 2026, including earnings per share of $0.48.
- 01Garthwaite's stock sale was executed under a pre-arranged 10b5-1 trading plan established on December 9, 2025.
- 02Following the sale, Garthwaite holds 43,293 shares of Kinder Morgan’s Class P Common Stock.
- 03Kinder Morgan's stock has shown a 27% return year-to-date and is currently trading near its 52-week high of $34.80.
- 04The company reported first-quarter earnings per share of $0.48, exceeding forecasts of $0.39.
- 05Jefferies lowered its price target for Kinder Morgan shares from $36 to $34 while maintaining a Hold rating.
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Michael P. Garthwaite, Vice President of Kinder Morgan, Inc. (NYSE: KMI), sold 1,550 shares of the company's Class P Common Stock on May 18, 2026, for a total of $52,151. The shares were sold at prices between $33.52 and $33.75 each, with a weighted average of $33.646. This sale was part of a pre-arranged 10b5-1 trading plan initiated on December 9, 2025. The timing of the transaction aligns with Kinder Morgan's stock performance, which is near its 52-week high of $34.80 and has recorded a 27% year-to-date return. In its recent financial report for the first quarter of 2026, Kinder Morgan announced earnings per share of $0.48, surpassing the anticipated $0.39, along with revenue of $4.83 billion, exceeding estimates of $4.63 billion. Jefferies has adjusted its price target for Kinder Morgan shares to $34, down from $36, while maintaining a Hold rating. Additionally, during the recent 2026 Annual Meeting of Stockholders, shareholders elected eleven directors, including Richard D. Kinder and Kimberly A. Dang, for terms until the 2027 annual meeting.
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