[8-K] Sterling Infrastructure, Inc. Reports Material Event
Form 144 filing: An unidentified Kinder Morgan, Inc. (KMI) insider has notified the SEC of an intent to sell up to 40,000 common shares on or about 08/04/2025 through Morgan Stanley Smith Barney. At the implied price in the notice, the block is worth approximately $1.124 million.
The shares originate from restricted stock units that vested on 07/31/2025. With roughly 2.222 billion KMI shares outstanding, the proposed sale equals less than 0.002% of total float鈥攁n amount that is not expected to influence liquidity, control, or market pricing.
No other sales were reported during the previous three-month period. The filer affirms there is no non-public adverse information, and the submission fulfills Rule 144鈥檚 advance-notice requirement. The document conveys no changes to Kinder Morgan鈥檚 operations, financial guidance, or capital structure; it is strictly a procedural disclosure of a routine, small-scale insider sale.
Presentazione del Modulo 144: Un insider non identificato di Kinder Morgan, Inc. (KMI) ha notificato alla SEC l'intenzione di vendere fino a 40.000 azioni ordinarie intorno al 04/08/2025 tramite Morgan Stanley Smith Barney. Al prezzo indicato nella comunicazione, il blocco ha un valore approssimativo di 1,124 milioni di dollari.
Le azioni derivano da unit脿 di azioni vincolate che sono maturate il 31/07/2025. Con circa 2,222 miliardi di azioni KMI in circolazione, la vendita proposta rappresenta meno dello 0,002% del flottante totale, una quantit脿 che non dovrebbe influenzare la liquidit脿, il controllo o il prezzo di mercato.
Non sono state segnalate altre vendite nel periodo di tre mesi precedente. Il dichiarante conferma che non esistono informazioni riservate negative e che la comunicazione rispetta il requisito di preavviso previsto dalla Regola 144. Il documento non indica cambiamenti nelle operazioni, nelle previsioni finanziarie o nella struttura del capitale di Kinder Morgan; si tratta esclusivamente di una comunicazione procedurale relativa a una vendita interna di piccola entit脿.
Presentaci贸n del Formulario 144: Un empleado interno no identificado de Kinder Morgan, Inc. (KMI) ha notificado a la SEC su intenci贸n de vender hasta 40,000 acciones ordinarias alrededor del 04/08/2025 a trav茅s de Morgan Stanley Smith Barney. Al precio impl铆cito en la notificaci贸n, el bloque tiene un valor aproximado de 1.124 millones de d贸lares.
Las acciones provienen de unidades restringidas de acciones que se consolidaron el 31/07/2025. Con aproximadamente 2.222 mil millones de acciones KMI en circulaci贸n, la venta propuesta equivale a menos del 0.002% del flotante total, una cantidad que no se espera que influya en la liquidez, el control o el precio de mercado.
No se reportaron otras ventas durante el per铆odo de tres meses anterior. El declarante afirma que no existe informaci贸n adversa no p煤blica y que la presentaci贸n cumple con el requisito de aviso previo de la Regla 144. El documento no indica cambios en las operaciones, la orientaci贸n financiera o la estructura de capital de Kinder Morgan; es estrictamente una divulgaci贸n procedural de una venta interna rutinaria y de peque帽a escala.
韽� 144 鞝滌稖: Kinder Morgan, Inc. (KMI)鞚� 鞁犾洂 氙胳儊鞚� 雮措秬鞛愱皜 2025雲� 8鞗� 4鞚缄步 Morgan Stanley Smith Barney毳� 韱淀暣 斓滊寑 40,000欤� 氤错喌欤茧ゼ 毵る弰頃� 鞚橃偓毳� SEC鞐� 韱惦炒頄堨姷雼堧嫟. 韱奠靹滌棎 氇呾嫓霅� 臧�瓴� 旮办鞙茧 頃措嫻 欤检嫕 敫旊鞚� 臧�旃橂姅 鞎� 112毵� 4觳� 雼煬鞛呺媹雼�.
鞚� 欤检嫕鞚� 2025雲� 7鞗� 31鞚检棎 甓岆Μ臧� 頇曥爼霅� 鞝滍暅 欤检嫕 雼渼鞐愳劀 雮橃槰 瓴冹瀰雼堧嫟. 鞎� 22鞏� 2,200毵� 欤检潣 KMI 欤检嫕鞚� 鞙犿喌 欷戩澑 臧�鞖措嵃, 鞝滌晥霅� 毵る弰電� 鞝勳泊 鞙犿喌 欤检嫕鞚� 0.002% 氙鸽鞐� 頃措嫻頃橃棳 鞙犽彊靹�, 歆�氚瓣秾 霕愲姅 鞁滌灔 臧�瓴╈棎 鞓來枼鞚� 氙胳箻歆� 鞎婌潉 瓴冹溂搿� 鞓堨儊霅╇媹雼�.
鞚挫爠 3臧滌洈 霃欖晥 雼るジ 毵る弰 氤搓碃電� 鞐嗢棃鞀惦媹雼�. 鞝滌稖鞛愲姅 牍勱车臧� 攵堧Μ頃� 鞝曤炒臧� 鞐嗢潓鞚� 頇曥澑頃橂┌ 鞚� 鞝滌稖鞚� 攴滌箼 144鞚� 靷爠 韱奠 鞖旉贝鞚� 於╈”頃╇媹雼�. 鞚� 氍胳劀電� Kinder Morgan鞚� 鞖挫榿, 鞛 鞝勲 霕愲姅 鞛愲掣 甑“鞐� 雽�頃� 氤�瓴� 靷暛鞚� 韽暔頃橃 鞎婌溂氅�, 雼 鞚检儊鞝侅澑 靻岅窚氇� 雮措秬鞛� 毵る弰鞐� 雽�頃� 鞝堨皑鞝� 瓿店皽鞛呺媹雼�.
D茅p么t du formulaire 144 : Un initi茅 non identifi茅 de Kinder Morgan, Inc. (KMI) a inform茅 la SEC de son intention de vendre jusqu'脿 40 000 actions ordinaires aux alentours du 04/08/2025 via Morgan Stanley Smith Barney. Au prix implicite indiqu茅 dans la notification, ce bloc vaut environ 1,124 million de dollars.
Les actions proviennent d鈥檜nit茅s d鈥檃ctions restreintes devenues acquises le 31/07/2025. Avec environ 2,222 milliards d鈥檃ctions KMI en circulation, la vente propos茅e repr茅sente moins de 0,002 % du flottant total, un montant qui ne devrait pas influencer la liquidit茅, le contr么le ou le cours du march茅.
Aucune autre vente n鈥檃 茅t茅 signal茅e au cours des trois mois pr茅c茅dents. Le d茅clarant affirme qu鈥檌l n鈥檈xiste aucune information d茅favorable non publique et que la soumission respecte l鈥檈xigence de pr茅avis de la r猫gle 144. Le document ne mentionne aucun changement dans les op茅rations, les pr茅visions financi猫res ou la structure du capital de Kinder Morgan ; il s鈥檃git strictement d鈥檜ne divulgation proc茅durale d鈥檜ne vente interne de petite envergure et de routine.
Formular 144 Einreichung: Ein nicht identifizierter Insider von Kinder Morgan, Inc. (KMI) hat der SEC die Absicht mitgeteilt, am oder um den 04.08.2025 bis zu 40.000 Stammaktien 眉ber Morgan Stanley Smith Barney zu verkaufen. Zum im Hinweis angegebenen Preis ist das Paket etwa 1,124 Millionen US-Dollar wert.
Die Aktien stammen aus Restricted Stock Units, die am 31.07.2025 f盲llig wurden. Bei etwa 2,222 Milliarden ausstehenden KMI-Aktien entspricht der vorgeschlagene Verkauf weniger als 0,002 % des gesamten Streubesitzes 鈥� eine Menge, die voraussichtlich keinen Einfluss auf Liquidit盲t, Kontrolle oder Marktpreis hat.
In den vorangegangenen drei Monaten wurden keine weiteren Verk盲ufe gemeldet. Der Einreicher best盲tigt, dass keine nicht 枚ffentlichen negativen Informationen vorliegen und die Einreichung die Vorank眉ndigungspflicht gem盲脽 Regel 144 erf眉llt. Das Dokument enth盲lt keine 脛nderungen an den Gesch盲ftst盲tigkeiten, der Finanzprognose oder der Kapitalstruktur von Kinder Morgan; es handelt sich ausschlie脽lich um eine formale Offenlegung eines routinem盲脽igen, kleineren Insiderverkaufs.
- None.
- None.
Insights
TL;DR: Routine, immaterial Form 144; minimal market impact expected.
This notice covers a prospective sale of 40 k Kinder Morgan shares鈥攁bout $1.1 M and a de minimis 0.002% of shares outstanding. Originating from recently vested RSUs, the sale looks like a standard diversification or tax-planning move. No aggregation with other insiders is disclosed, and the form includes the customary certification that no undisclosed material information exists. Given the tiny size relative to KMI鈥檚 ~$50 B market cap, I view the filing as neutral for valuation or sentiment. Investors generally monitor insider trends, but single Form 144s of this scale rarely move the stock.
Presentazione del Modulo 144: Un insider non identificato di Kinder Morgan, Inc. (KMI) ha notificato alla SEC l'intenzione di vendere fino a 40.000 azioni ordinarie intorno al 04/08/2025 tramite Morgan Stanley Smith Barney. Al prezzo indicato nella comunicazione, il blocco ha un valore approssimativo di 1,124 milioni di dollari.
Le azioni derivano da unit脿 di azioni vincolate che sono maturate il 31/07/2025. Con circa 2,222 miliardi di azioni KMI in circolazione, la vendita proposta rappresenta meno dello 0,002% del flottante totale, una quantit脿 che non dovrebbe influenzare la liquidit脿, il controllo o il prezzo di mercato.
Non sono state segnalate altre vendite nel periodo di tre mesi precedente. Il dichiarante conferma che non esistono informazioni riservate negative e che la comunicazione rispetta il requisito di preavviso previsto dalla Regola 144. Il documento non indica cambiamenti nelle operazioni, nelle previsioni finanziarie o nella struttura del capitale di Kinder Morgan; si tratta esclusivamente di una comunicazione procedurale relativa a una vendita interna di piccola entit脿.
Presentaci贸n del Formulario 144: Un empleado interno no identificado de Kinder Morgan, Inc. (KMI) ha notificado a la SEC su intenci贸n de vender hasta 40,000 acciones ordinarias alrededor del 04/08/2025 a trav茅s de Morgan Stanley Smith Barney. Al precio impl铆cito en la notificaci贸n, el bloque tiene un valor aproximado de 1.124 millones de d贸lares.
Las acciones provienen de unidades restringidas de acciones que se consolidaron el 31/07/2025. Con aproximadamente 2.222 mil millones de acciones KMI en circulaci贸n, la venta propuesta equivale a menos del 0.002% del flotante total, una cantidad que no se espera que influya en la liquidez, el control o el precio de mercado.
No se reportaron otras ventas durante el per铆odo de tres meses anterior. El declarante afirma que no existe informaci贸n adversa no p煤blica y que la presentaci贸n cumple con el requisito de aviso previo de la Regla 144. El documento no indica cambios en las operaciones, la orientaci贸n financiera o la estructura de capital de Kinder Morgan; es estrictamente una divulgaci贸n procedural de una venta interna rutinaria y de peque帽a escala.
韽� 144 鞝滌稖: Kinder Morgan, Inc. (KMI)鞚� 鞁犾洂 氙胳儊鞚� 雮措秬鞛愱皜 2025雲� 8鞗� 4鞚缄步 Morgan Stanley Smith Barney毳� 韱淀暣 斓滊寑 40,000欤� 氤错喌欤茧ゼ 毵る弰頃� 鞚橃偓毳� SEC鞐� 韱惦炒頄堨姷雼堧嫟. 韱奠靹滌棎 氇呾嫓霅� 臧�瓴� 旮办鞙茧 頃措嫻 欤检嫕 敫旊鞚� 臧�旃橂姅 鞎� 112毵� 4觳� 雼煬鞛呺媹雼�.
鞚� 欤检嫕鞚� 2025雲� 7鞗� 31鞚检棎 甓岆Μ臧� 頇曥爼霅� 鞝滍暅 欤检嫕 雼渼鞐愳劀 雮橃槰 瓴冹瀰雼堧嫟. 鞎� 22鞏� 2,200毵� 欤检潣 KMI 欤检嫕鞚� 鞙犿喌 欷戩澑 臧�鞖措嵃, 鞝滌晥霅� 毵る弰電� 鞝勳泊 鞙犿喌 欤检嫕鞚� 0.002% 氙鸽鞐� 頃措嫻頃橃棳 鞙犽彊靹�, 歆�氚瓣秾 霕愲姅 鞁滌灔 臧�瓴╈棎 鞓來枼鞚� 氙胳箻歆� 鞎婌潉 瓴冹溂搿� 鞓堨儊霅╇媹雼�.
鞚挫爠 3臧滌洈 霃欖晥 雼るジ 毵る弰 氤搓碃電� 鞐嗢棃鞀惦媹雼�. 鞝滌稖鞛愲姅 牍勱车臧� 攵堧Μ頃� 鞝曤炒臧� 鞐嗢潓鞚� 頇曥澑頃橂┌ 鞚� 鞝滌稖鞚� 攴滌箼 144鞚� 靷爠 韱奠 鞖旉贝鞚� 於╈”頃╇媹雼�. 鞚� 氍胳劀電� Kinder Morgan鞚� 鞖挫榿, 鞛 鞝勲 霕愲姅 鞛愲掣 甑“鞐� 雽�頃� 氤�瓴� 靷暛鞚� 韽暔頃橃 鞎婌溂氅�, 雼 鞚检儊鞝侅澑 靻岅窚氇� 雮措秬鞛� 毵る弰鞐� 雽�頃� 鞝堨皑鞝� 瓿店皽鞛呺媹雼�.
D茅p么t du formulaire 144 : Un initi茅 non identifi茅 de Kinder Morgan, Inc. (KMI) a inform茅 la SEC de son intention de vendre jusqu'脿 40 000 actions ordinaires aux alentours du 04/08/2025 via Morgan Stanley Smith Barney. Au prix implicite indiqu茅 dans la notification, ce bloc vaut environ 1,124 million de dollars.
Les actions proviennent d鈥檜nit茅s d鈥檃ctions restreintes devenues acquises le 31/07/2025. Avec environ 2,222 milliards d鈥檃ctions KMI en circulation, la vente propos茅e repr茅sente moins de 0,002 % du flottant total, un montant qui ne devrait pas influencer la liquidit茅, le contr么le ou le cours du march茅.
Aucune autre vente n鈥檃 茅t茅 signal茅e au cours des trois mois pr茅c茅dents. Le d茅clarant affirme qu鈥檌l n鈥檈xiste aucune information d茅favorable non publique et que la soumission respecte l鈥檈xigence de pr茅avis de la r猫gle 144. Le document ne mentionne aucun changement dans les op茅rations, les pr茅visions financi猫res ou la structure du capital de Kinder Morgan ; il s鈥檃git strictement d鈥檜ne divulgation proc茅durale d鈥檜ne vente interne de petite envergure et de routine.
Formular 144 Einreichung: Ein nicht identifizierter Insider von Kinder Morgan, Inc. (KMI) hat der SEC die Absicht mitgeteilt, am oder um den 04.08.2025 bis zu 40.000 Stammaktien 眉ber Morgan Stanley Smith Barney zu verkaufen. Zum im Hinweis angegebenen Preis ist das Paket etwa 1,124 Millionen US-Dollar wert.
Die Aktien stammen aus Restricted Stock Units, die am 31.07.2025 f盲llig wurden. Bei etwa 2,222 Milliarden ausstehenden KMI-Aktien entspricht der vorgeschlagene Verkauf weniger als 0,002 % des gesamten Streubesitzes 鈥� eine Menge, die voraussichtlich keinen Einfluss auf Liquidit盲t, Kontrolle oder Marktpreis hat.
In den vorangegangenen drei Monaten wurden keine weiteren Verk盲ufe gemeldet. Der Einreicher best盲tigt, dass keine nicht 枚ffentlichen negativen Informationen vorliegen und die Einreichung die Vorank眉ndigungspflicht gem盲脽 Regel 144 erf眉llt. Das Dokument enth盲lt keine 脛nderungen an den Gesch盲ftst盲tigkeiten, der Finanzprognose oder der Kapitalstruktur von Kinder Morgan; es handelt sich ausschlie脽lich um eine formale Offenlegung eines routinem盲脽igen, kleineren Insiderverkaufs.
FORM | ||
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(Exact name of registrant as specified in its charter) | ||||||||||||||
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
Registrant’s telephone number, including area code: ( | ||||||||||||||
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||
| (Title of Class) | (Trading Symbol) | (Name of each exchange on which registered) | ||||||
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | |||||||||||
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR § 240.12b-2 of this chapter). | |||||
| Emerging growth company | |||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ | ||||||||||
On The information provided in this Item 2.02 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless the Company specifically states that the information is to be considered “filed” under the Exchange Act, nor shall it be incorporated by reference in any filing made by the Company pursuant to the Exchange Act or the Securities Act of 1933, as amended (the “Securities Act”), other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto. | |||||
On August 5, 2025, the Company will host a conference call to discuss the second quarter 2025 results as well as corporate developments. The slides to be used during the conference call are being furnished with this Current Report on Form 8-K as Exhibit 99.2 and are incorporated herein by reference. The information provided in this Item 7.01 shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, unless the Company specifically states that the information is to be considered “filed” under the Exchange Act, nor shall it be incorporated by reference in any filing made by the Company pursuant to the Exchange Act or the Securities Act, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto. | |||||
| Exhibit Number | Description | |||||||
| 99.1 | Press release, dated August 4, 2025 | |||||||
| 99.2 | Presentation slides, dated August 5, 2025 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
| SIGNATURES | ||
| Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | ||
| STERLING INFRASTRUCTURE, INC. | |||||||||||
| Date: | By: | /s/ Nicholas Grindstaff | |||||||||
| Nicholas Grindstaff | |||||||||||
| Chief Financial Officer | |||||||||||
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FAQ
How many Kinder Morgan (KMI) shares are being registered for sale?
What is the estimated market value of the shares in this Form 144?
When is the insider planning to sell the Kinder Morgan shares?
What percentage of Kinder Morgan鈥檚 total shares does this proposed sale represent?
Does the Form 144 indicate any other insider sales in the past three months?
Why is a Form 144 filed for this transaction?
