Kinder Morgan Insiders Draw Attention With Major Purchase and Planned Sale
Kinder Morgan executives have reported contrasting stock transactions, headlined by Richard Kinder's $15 million purchase and an executive's pre-planned share sale.
Recent regulatory disclosures show significant insider trading activity at Kinder Morgan, Inc. (NYSE: KMI). On November 10, 2026, John W. Schlosser, Vice President and President of Terminals, sold 6,200 shares of Class P Common Stock at $31 per share. The transaction was conducted under a Rule 10b5-1 trading plan that Schlosser adopted on July 30, 2026. Following the sale, he directly retains 158,008 shares.
Schlosser's sale followed a large insider purchase by Executive Chairman Richard Kinder just days earlier. On November 6, 2026, Kinder acquired 500,000 shares of Class P Common Stock on the open market. Filings indicate the shares were bought at a weighted-average price of $29.9884, within an execution range of $29.92 to $29.99, amounting to a total transaction value of $14.9942 million. Following this purchase, Kinder directly owned 246,712,353 shares.
Kinder executed the acquisition shortly after the stock touched a 50-day low of $29.98. The purchase also came after Kinder Morgan issued an updated investor presentation and reported third-quarter operational results. In the third quarter, the company posted adjusted earnings of 35 cents per share, reflecting a 21% rise from the prior year, while revenue increased 9.3% to $4.53 billion.
The company's commercial environment has expanded, with its project backlog climbing to a record $14.4 billion after adding roughly $5.4 billion in new ventures. Much of this pipeline activity is supported by natural gas demand tied to electric utilities and data centers. Approximately 96% of the company's 2026 segment earnings are secured through take-or-pay or fee-based agreements, backing a dividend yield near 3.8%.
Insider tracking by Simply Wall St notes that Kinder Morgan insiders own about US$8.4b worth of stock, representing roughly 13% of the company. Over the past twelve months, insiders bought 503.00k shares worth US$15m and sold 8.00k shares for US$256k, making Kinder's recent transaction the largest individual purchase in the last year.