[8-K] 8x8, Inc. Reports Material Event
Kinder Morgan (KMI) Form 4 filing: Vice President Sital K. Mody reported the sale of 45,549 Class P common shares on 1 Aug 2025 at a weighted-average price of $27.961 per share. The disposition was executed under a pre-arranged Rule 10b5-1 trading plan adopted 22 Apr 2024.
Following the transaction, the filing shows 0 shares beneficially owned, indicating that the officer no longer holds KMI common stock directly. No derivative security activity was reported.
The sale represents an estimated cash value of 鈮�$1.27 million (45,549 脳 $27.961). While sales under 10b5-1 reduce timing-signal risk, a complete divestiture by a senior executive can be interpreted as a potential negative sentiment indicator for some investors. However, it does not automatically imply changes to company fundamentals.
Kinder Morgan (KMI) - Deposito Form 4: Il Vicepresidente Sital K. Mody ha segnalato la vendita di 45.549 azioni ordinarie di Classe P il 1 agosto 2025 ad un prezzo medio ponderato di 27,961 $ per azione. La cessione 猫 stata effettuata nell'ambito di un piano di trading predefinito secondo la Regola 10b5-1 adottato il 22 aprile 2024.
Dopo la transazione, il documento indica la detenzione di 0 azioni, segnalando che il dirigente non possiede pi霉 direttamente azioni ordinarie KMI. Non sono state riportate attivit脿 su strumenti derivati.
La vendita rappresenta un valore in contanti stimato di circa 1,27 milioni di dollari (45.549 脳 27,961 $). Sebbene le vendite sotto il piano 10b5-1 riducano il rischio di segnalazioni temporali, una completa dismissione da parte di un dirigente senior pu貌 essere interpretata da alcuni investitori come un segnale negativo. Tuttavia, ci貌 non implica automaticamente modifiche ai fondamentali dell鈥檃zienda.
Kinder Morgan (KMI) - Presentaci贸n Formulario 4: La vicepresidenta Sital K. Mody inform贸 la venta de 45,549 acciones comunes Clase P el 1 de agosto de 2025 a un precio promedio ponderado de 27.961 $ por acci贸n. La operaci贸n se realiz贸 bajo un plan de negociaci贸n preestablecido seg煤n la Regla 10b5-1 adoptado el 22 de abril de 2024.
Tras la transacci贸n, el informe muestra 0 acciones en propiedad beneficiosa, lo que indica que el ejecutivo ya no posee acciones comunes de KMI directamente. No se reportaron actividades con valores derivados.
La venta representa un valor estimado en efectivo de aproximadamente 1,27 millones de d贸lares (45,549 脳 27.961 $). Aunque las ventas bajo la regla 10b5-1 reducen el riesgo de se帽ales temporales, una desinversi贸n completa por parte de un ejecutivo senior puede interpretarse como un indicador negativo para algunos inversores. Sin embargo, no implica autom谩ticamente cambios en los fundamentos de la empresa.
Kinder Morgan (KMI) Form 4 鞝滌稖: 攵�靷灔 Sital K. Mody電� 2025雲� 8鞗� 1鞚�鞐� 45,549欤� 韥措灅鞀� P 氤错喌欤� 毵り皝鞚� 欤茧嫻 臧�欷戫弶攴� 臧�瓴� 27.961雼煬鞐� 氤搓碃頄堨姷雼堧嫟. 鞚� 毵る弰電� 2024雲� 4鞗� 22鞚� 毂勴儩霅� 攴滌箼 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 靷爠 臁办爼霅� 氚╈嫕鞙茧 鞁ろ枆霅橃棃鞀惦媹雼�.
瓯半灅 頉� 鞝滌稖靹滊鞐愲姅 氤挫湢 欤检嫕 0欤�搿� 響滌嫓霅橃柎 鞛勳洂鞚� 雿� 鞚挫儊 KMI 氤错喌欤茧ゼ 歆侅爲 氤挫湢頃橃 鞎婌潓鞚� 雮橅儉雰呺媹雼�. 韺岇儩靸來拡 甏�霠� 頇滊彊鞚� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
鞚措矆 毵る弰電� 鞎� 127毵� 雼煬 靸侂嫻鞚� 順勱笀 臧�旃�(45,549 脳 27.961雼煬)毳� 雮橅儉雰呺媹雼�. 10b5-1 攴滌爼鞐� 霐半ジ 毵る弰電� 韮�鞚措皪 鞁犿樃 鞙勴棙鞚� 欷勳澊歆�毵�, 瓿犾渼 鞛勳洂鞚� 鞕勳爠頃� 欤检嫕 觳橂秳鞚� 鞚茧秬 韴瀽鞛愳棎瓴� 攵�鞝曥爜 鞁犿樃搿� 頃挫劃霅� 靾� 鞛堨姷雼堧嫟. 攴鸽煬雮� 鞚措姅 須岇偓鞚� 旮半掣鞝� 靷暛 氤�頇旊 鞛愲彊 鞐瓣舶霅橃電� 鞎婌姷雼堧嫟.
Kinder Morgan (KMI) - D茅claration Formulaire 4 : La vice-pr茅sidente Sital K. Mody a d茅clar茅 la vente de 45 549 actions ordinaires de classe P le 1er ao没t 2025 脿 un prix moyen pond茅r茅 de 27,961 $ par action. La cession a 茅t茅 r茅alis茅e dans le cadre d鈥檜n plan de n茅gociation pr茅茅tabli conform茅ment 脿 la r猫gle 10b5-1 adopt茅 le 22 avril 2024.
Apr猫s cette transaction, le document indique une d茅tention b茅n茅ficiaire de 0 action, ce qui signifie que la dirigeante ne d茅tient plus directement d鈥檃ctions ordinaires KMI. Aucune activit茅 sur titres d茅riv茅s n鈥檃 茅t茅 rapport茅e.
Cette vente repr茅sente une valeur en liquidit茅s estim茅e 脿 environ 1,27 million de dollars (45 549 脳 27,961 $). Bien que les ventes sous un plan 10b5-1 r茅duisent le risque de signaux de timing, une cession compl猫te par un cadre sup茅rieur peut 锚tre per莽ue par certains investisseurs comme un indicateur de sentiment n茅gatif. Cependant, cela n鈥檌mplique pas automatiquement un changement des fondamentaux de l鈥檈ntreprise.
Kinder Morgan (KMI) Form 4 Einreichung: Vizepr盲sidentin Sital K. Mody meldete den Verkauf von 45.549 Class P Stammaktien am 1. August 2025 zu einem gewichteten Durchschnittspreis von 27,961 $ pro Aktie. Die Transaktion wurde im Rahmen eines vordefinierten Rule 10b5-1 Handelsplans durchgef眉hrt, der am 22. April 2024 angenommen wurde.
Nach der Transaktion zeigt die Meldung 0 Aktien im wirtschaftlichen Eigentum, was darauf hinweist, dass die F眉hrungskraft keine KMI-Stammaktien mehr direkt besitzt. Es wurden keine Aktivit盲ten mit Derivaten gemeldet.
Der Verkauf entspricht einem gesch盲tzten Barwert von ca. 1,27 Millionen US-Dollar (45.549 脳 27,961 $). W盲hrend Verk盲ufe unter Rule 10b5-1 das Risiko von Timing-Signalen reduzieren, kann eine vollst盲ndige Ver盲u脽erung durch einen leitenden Angestellten von einigen Investoren als negatives Sentiment interpretiert werden. Dies bedeutet jedoch nicht automatisch eine 脛nderung der Unternehmensgrundlagen.
- Transaction executed under a disclosed Rule 10b5-1 plan, enhancing transparency and reducing insider-trading risk.
- Full price range disclosure allows investors to assess sale quality and volume.
- Senior officer liquidated 100 % of directly held shares (45,549), potentially signalling reduced confidence.
- Insider sale worth 鈮�$1.27 m may be viewed negatively by the market despite 10b5-1 protections.
Insights
TL;DR: Officer sells entire KMI stake ($1.27 m) via 10b5-1; mildly negative sentiment.
The filing shows Kinder Morgan鈥檚 Nat-Gas Pipelines VP liquidated all 45.5 k shares. Insider sales often raise concerns about valuation or upcoming headwinds, and the absence of any remaining holdings amplifies this perception. The 10b5-1 plan reduces the likelihood of information-based trading, but investors may still interpret the move as reduced long-term alignment. The dollar amount is modest relative to KMI鈥檚 $45 bn market cap, so fundamental impact is limited. I view the disclosure as marginally negative, worth monitoring for additional insider activity.
TL;DR: Transparent 10b5-1 process offsets governance risk; impact neutral-to-slightly negative.
From a governance standpoint, the pre-approved 10b5-1 plan and detailed price range disclosure comply with best practices, limiting litigation or perception risk. However, the complete divestiture by a key business line head removes a valuable alignment mechanism and could influence shareholder optics. No disclosure of derivative hedges mitigates complexity. Overall, sentiment impact modestly negative, governance compliance positive.
Kinder Morgan (KMI) - Deposito Form 4: Il Vicepresidente Sital K. Mody ha segnalato la vendita di 45.549 azioni ordinarie di Classe P il 1 agosto 2025 ad un prezzo medio ponderato di 27,961 $ per azione. La cessione 猫 stata effettuata nell'ambito di un piano di trading predefinito secondo la Regola 10b5-1 adottato il 22 aprile 2024.
Dopo la transazione, il documento indica la detenzione di 0 azioni, segnalando che il dirigente non possiede pi霉 direttamente azioni ordinarie KMI. Non sono state riportate attivit脿 su strumenti derivati.
La vendita rappresenta un valore in contanti stimato di circa 1,27 milioni di dollari (45.549 脳 27,961 $). Sebbene le vendite sotto il piano 10b5-1 riducano il rischio di segnalazioni temporali, una completa dismissione da parte di un dirigente senior pu貌 essere interpretata da alcuni investitori come un segnale negativo. Tuttavia, ci貌 non implica automaticamente modifiche ai fondamentali dell鈥檃zienda.
Kinder Morgan (KMI) - Presentaci贸n Formulario 4: La vicepresidenta Sital K. Mody inform贸 la venta de 45,549 acciones comunes Clase P el 1 de agosto de 2025 a un precio promedio ponderado de 27.961 $ por acci贸n. La operaci贸n se realiz贸 bajo un plan de negociaci贸n preestablecido seg煤n la Regla 10b5-1 adoptado el 22 de abril de 2024.
Tras la transacci贸n, el informe muestra 0 acciones en propiedad beneficiosa, lo que indica que el ejecutivo ya no posee acciones comunes de KMI directamente. No se reportaron actividades con valores derivados.
La venta representa un valor estimado en efectivo de aproximadamente 1,27 millones de d贸lares (45,549 脳 27.961 $). Aunque las ventas bajo la regla 10b5-1 reducen el riesgo de se帽ales temporales, una desinversi贸n completa por parte de un ejecutivo senior puede interpretarse como un indicador negativo para algunos inversores. Sin embargo, no implica autom谩ticamente cambios en los fundamentos de la empresa.
Kinder Morgan (KMI) Form 4 鞝滌稖: 攵�靷灔 Sital K. Mody電� 2025雲� 8鞗� 1鞚�鞐� 45,549欤� 韥措灅鞀� P 氤错喌欤� 毵り皝鞚� 欤茧嫻 臧�欷戫弶攴� 臧�瓴� 27.961雼煬鞐� 氤搓碃頄堨姷雼堧嫟. 鞚� 毵る弰電� 2024雲� 4鞗� 22鞚� 毂勴儩霅� 攴滌箼 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 靷爠 臁办爼霅� 氚╈嫕鞙茧 鞁ろ枆霅橃棃鞀惦媹雼�.
瓯半灅 頉� 鞝滌稖靹滊鞐愲姅 氤挫湢 欤检嫕 0欤�搿� 響滌嫓霅橃柎 鞛勳洂鞚� 雿� 鞚挫儊 KMI 氤错喌欤茧ゼ 歆侅爲 氤挫湢頃橃 鞎婌潓鞚� 雮橅儉雰呺媹雼�. 韺岇儩靸來拡 甏�霠� 頇滊彊鞚� 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
鞚措矆 毵る弰電� 鞎� 127毵� 雼煬 靸侂嫻鞚� 順勱笀 臧�旃�(45,549 脳 27.961雼煬)毳� 雮橅儉雰呺媹雼�. 10b5-1 攴滌爼鞐� 霐半ジ 毵る弰電� 韮�鞚措皪 鞁犿樃 鞙勴棙鞚� 欷勳澊歆�毵�, 瓿犾渼 鞛勳洂鞚� 鞕勳爠頃� 欤检嫕 觳橂秳鞚� 鞚茧秬 韴瀽鞛愳棎瓴� 攵�鞝曥爜 鞁犿樃搿� 頃挫劃霅� 靾� 鞛堨姷雼堧嫟. 攴鸽煬雮� 鞚措姅 須岇偓鞚� 旮半掣鞝� 靷暛 氤�頇旊 鞛愲彊 鞐瓣舶霅橃電� 鞎婌姷雼堧嫟.
Kinder Morgan (KMI) - D茅claration Formulaire 4 : La vice-pr茅sidente Sital K. Mody a d茅clar茅 la vente de 45 549 actions ordinaires de classe P le 1er ao没t 2025 脿 un prix moyen pond茅r茅 de 27,961 $ par action. La cession a 茅t茅 r茅alis茅e dans le cadre d鈥檜n plan de n茅gociation pr茅茅tabli conform茅ment 脿 la r猫gle 10b5-1 adopt茅 le 22 avril 2024.
Apr猫s cette transaction, le document indique une d茅tention b茅n茅ficiaire de 0 action, ce qui signifie que la dirigeante ne d茅tient plus directement d鈥檃ctions ordinaires KMI. Aucune activit茅 sur titres d茅riv茅s n鈥檃 茅t茅 rapport茅e.
Cette vente repr茅sente une valeur en liquidit茅s estim茅e 脿 environ 1,27 million de dollars (45 549 脳 27,961 $). Bien que les ventes sous un plan 10b5-1 r茅duisent le risque de signaux de timing, une cession compl猫te par un cadre sup茅rieur peut 锚tre per莽ue par certains investisseurs comme un indicateur de sentiment n茅gatif. Cependant, cela n鈥檌mplique pas automatiquement un changement des fondamentaux de l鈥檈ntreprise.
Kinder Morgan (KMI) Form 4 Einreichung: Vizepr盲sidentin Sital K. Mody meldete den Verkauf von 45.549 Class P Stammaktien am 1. August 2025 zu einem gewichteten Durchschnittspreis von 27,961 $ pro Aktie. Die Transaktion wurde im Rahmen eines vordefinierten Rule 10b5-1 Handelsplans durchgef眉hrt, der am 22. April 2024 angenommen wurde.
Nach der Transaktion zeigt die Meldung 0 Aktien im wirtschaftlichen Eigentum, was darauf hinweist, dass die F眉hrungskraft keine KMI-Stammaktien mehr direkt besitzt. Es wurden keine Aktivit盲ten mit Derivaten gemeldet.
Der Verkauf entspricht einem gesch盲tzten Barwert von ca. 1,27 Millionen US-Dollar (45.549 脳 27,961 $). W盲hrend Verk盲ufe unter Rule 10b5-1 das Risiko von Timing-Signalen reduzieren, kann eine vollst盲ndige Ver盲u脽erung durch einen leitenden Angestellten von einigen Investoren als negatives Sentiment interpretiert werden. Dies bedeutet jedoch nicht automatisch eine 脛nderung der Unternehmensgrundlagen.
FORM | |||||||||||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||||||||
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
| Exhibit | Description | |||||||
10.1 | First Amendment, dated as of July 29, 2025, to the Term Loan Credit Agreement, dated as of July 11, 2024, by and among 8x8, Inc., Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto. | |||||||
| 104 | Cover Page Interactive Data File, formatted in Inline XBRL. | |||||||
| 8x8, Inc. | ||||||||
| By: | /s/ LAURENCE DENNY | |||||||
| Laurence Denny | ||||||||
| Chief Legal Officer | ||||||||
Source:
FAQ
How many Kinder Morgan (KMI) shares did VP Sital Mody sell?
At what price were the KMI shares sold?
Does the officer still own Kinder Morgan stock after this sale?
Was the sale conducted under a 10b5-1 trading plan?
What is the total cash value of the shares sold?
