Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-23

Kinder Morgan (KMI)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$12,331,566
Kimberly Dang total, FY2025
20th
CEO pay percentile vs peers
91:1
CEO-to-median pay ratio
95.38%
Say-on-pay support, latest vote
Companies that benchmark against KMI
5 companies name KMI as a compensation peer

Each company listed discloses KMI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named KMI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kimberly Dang$523,077$0$11,750,027$0$0$40,962$17,500$12,331,566
Chief Executive Officer
Dax Sanders523,07702,750,0220900,00042,62817,5004,233,227
Executive Vice President
Sital Mody523,0772,500,0151,050,000045,496017,5004,136,088
Vice President (President, Natural Gas Pipelines)
David Michels523,07702,600,0130750,00031,55717,5003,922,147
Vice President and Chief Financial Officer
John Schlosser523,0772,400,018800,000034,205017,5003,774,800
Vice President (President, Terminals)

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Kimberly Dang$12,331,566$11,534,182$12,405,510+797,384
Dax Sanders4,233,2273,653,5143,476,969+579,713
Sital Mody4,136,0883,983,103+152,985
David Michels3,922,1473,660,1813,376,778+261,966
John Schlosser3,774,8003,697,633+77,167

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John SchlosserV.P. (President, Terminals)2026-04-06D6,166$33$203,071CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-04-16D1,5503249,168CommonForm 4 ↗
John SchlosserV.P. (President, Terminals)2026-05-05D6,16632199,840CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-05-18D1,5503452,151CommonForm 4 ↗
John SchlosserV.P. (President, Terminals)2026-06-05D6,16632196,264CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-06-16D1,5503148,727CommonForm 4 ↗
John SchlosserV.P. (President, Terminals)2026-07-06D6,16632196,720CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-07-16D1,5503350,400CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-07-16D15,91500Derivative, Class A CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-07-16D4,14532133,884CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-07-16A15,91500CommonForm 4 ↗
Michael J. PittaVP and Chief Admin. Officer2026-07-18D14,46800Derivative, Class A CommonForm 4 ↗
Michael J. PittaVP and Chief Admin. Officer2026-07-18D3,52332113,793CommonForm 4 ↗
Michael J. PittaVP and Chief Admin. Officer2026-07-18A14,46800CommonForm 4 ↗
Anthony B. AshleyVP (President, CO2 and ETV)2026-07-21A66,40000Derivative, Class A CommonForm 4 ↗
John SchlosserV.P. (President, Terminals)2026-07-21A80,29700Derivative, Class A CommonForm 4 ↗
Sital ModyV.P. (Pres.,Nat Gas Pipelines)2026-07-21A154,41700Derivative, Class A CommonForm 4 ↗
Michael P. GarthwaiteVP (Pres., Products Pipelines)2026-07-21A61,76700Derivative, Class A CommonForm 4 ↗
Kevin P. GrahmannV.P., Corporate Development2026-07-21A30,88400Derivative, Class A CommonForm 4 ↗
Kimberly A. DangDirector2026-07-21A399,16700Derivative, Class A CommonForm 4 ↗
Dax SandersPresident2026-07-21A98,82700Derivative, Class A CommonForm 4 ↗
David MichelsVP and Chief Financial Officer2026-07-21A84,92900Derivative, Class A CommonForm 4 ↗
Michael J. PittaVP and Chief Admin. Officer2026-07-21A24,70700Derivative, Class A CommonForm 4 ↗
Catherine C. JamesVP and General Counsel2026-07-21A49,41400Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sital ModyRSU2025-07-1589,478$2,500,015
John SchlosserRSU2025-07-1585,8992,400,018
David MichelsRSU2025-07-1593,0572,600,013
Kimberly DangRSU2025-07-15420,54511,750,027
Dax SandersRSU2025-07-1598,4262,750,022
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sital Mody$2,500,015$0$00.0%
John Schlosser2,400,018000.0%
David Michels2,600,013000.0%
Kimberly Dang11,750,027000.0%
Dax Sanders2,750,022000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Kimberly DangRSU1,600,599$44,000,467
Sital ModyRSU323,7978,901,180
David MichelsRSU333,1639,158,651
Dax SandersRSU347,2139,544,885
John SchlosserRSU182,8305,025,997
05

Incentive-plan design — the Compensation Discussion & Analysis

provide competitive total compensation to our executives at a reasonable cost, generally at the 50th percentile of total compensation offered by an energy peer group that resembles our profile in terms of size and scope, with adjustments based on consideration of an individual s experience, time in the role and scope of responsibilities

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantNone retained in 2025 (used Equilar Insight benchmarking software platform instead of a compensation consultant)
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-131,605,994,16077,788,4846,461,20995.38%Passed
20252025-05-151,577,712,92873,996,6777,118,63395.52%Passed
20242024-05-081,530,862,95769,208,2616,757,26595.67%Passed
20232023-05-101,521,685,58995,593,7177,698,95494.09%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1395.38%a
20252025-05-1595.52%b
20242024-05-0895.67%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)91 : 1
CEO total compensation$12,331,566
Median employee compensation$135,175
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Amy W. ChronisIndependent · Audit · EHS$250,072$0$4,646$254,718
Robert F. VagtIndependent · Audit · EHS (Chair)199,73650,2640934250,934
Ted A. GardnerIndependent · Audit · Nominating and Governance (Chair)250,0000250,000
C. Park ShaperIndependent · Compensation · Nominating and Governance250,0000250,000
William A. SmithIndependent · Audit · Nominating and Governance250,0000250,000
Steven J. KeanIndependent · Compensation · EHS250,0000250,000
Arthur C. ReichstetterIndependent · Audit (Chair) · Compensation250,0000250,000
Michael C. MorganIndependent · Lead Independent Director · Compensation (Chair)250,0000250,000
Anthony W. Hall JrIndependent · EHS · Nominating and Governance250,0000250,000
Deborah A. MacdonaldIndependent · Not standing for re-election · Departed during FY125,0000125,000
Kimberly A. DangEmployee director00000
Richard D. KinderEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$250,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$2,074,736
Equity awards (grant-date value)$300,336
All other compensation$5,580
Total cost of the board$2,380,652

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Kinder Morgan names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Kinder Morgan.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1ConocoPhillips Company2025Ryan Lance$1,800,000$16,543,434$0$4,590,000$23,450,085
2Phillips 662025Mark Lashier1,741,66716,185,20403,734,13423,113,403
3Dominion Energy Inc.2025Robert Blue1,287,5009,309,83004,421,31816,037,850
4Duke Energy Corporation2025Harry Sideris1,200,00010,068,66301,974,10213,652,630
5Kinder Morgan2025Kimberly Dang523,07711,750,0270012,331,566
6CenterPoint Energy, Inc.2025Jason Wells1,226,9237,625,02302,583,75012,092,341

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Kinder Morgan102.5%RSU 100NoNone retained in 2025 (used Equilar Insight benchmarking software platform instead of a compensation consultant)
CenterPoint Energy, Inc.159%PSU 70 · RSU 30Yes — Relative TSRMeridian Compensation Partners, LLC
ConocoPhillips Companynot disclosednot disclosednot disclosednot disclosed
Dominion Energy Inc.108%PSU 70 · MSU 30Yes — Relative TSR performancenot disclosed
Duke Energy Corporation114.7%PSU 70 · RSU 30Yes — Relative TSRFW Cook
Phillips 66134%PSU 70 · RSU 30Yes — Relative TSRMercer

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Kimberly DangDEF 14A2026-04-020001506307-26-000024Section “2025 Summary Compensation Table”. As printed: 12,331,566. Filing ↗machine: t55 · r2 · c18 · span 515403–515413
2Section 01, Dax SandersDEF 14A2026-04-020001506307-26-000024Section “2025 Summary Compensation Table”. As printed: 4,233,227. Filing ↗machine: r8 · c48 · span 530439–530448
3Section 01, Sital ModyDEF 14A2026-04-020001506307-26-000024Section “2025 Summary Compensation Table”. As printed: 4,136,088. Filing ↗machine: r11 · c48 · span 537943–537952
4Section 01, David MichelsDEF 14A2026-04-020001506307-26-000024Section “2025 Summary Compensation Table”. As printed: 3,922,147. Filing ↗machine: r5 · c48 · span 523106–523115
5Section 01, John SchlosserDEF 14A2026-04-020001506307-26-000024Section “2025 Summary Compensation Table”. As printed: 3,774,800. Filing ↗machine: r14 · c48 · span 543543–543552
6Section 03, Sital Mody RSUDEF 14A2026-04-020001506307-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t55 · r11 · c8 · span 536949–536958
7Section 03, John Schlosser RSUDEF 14A2026-04-020001506307-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t55 · r14 · c8 · span 542351–542360
8Section 03, David Michels RSUDEF 14A2026-04-020001506307-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t55 · r5 · c9 · span 522114–522123
9Section 03, Kimberly Dang RSUDEF 14A2026-04-020001506307-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r2 · c5 · span 735465–735475
10Section 03, Dax Sanders RSUDEF 14A2026-04-020001506307-26-000024Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t55 · r8 · c9 · span 529247–529256
11Section 07, pay ratioDEF 14A2026-04-020001506307-26-000024Section “CEO Pay Ratio”. As printed: 91 : 1. Filing ↗machine: span 879951–879953
12Section 08, Amy W. ChronisDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 254,718. Filing ↗machine: t82 · r2 · c11 · span 893386–893393
13Section 08, Robert F. VagtDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,934. Filing ↗machine: t82 · r11 · c8 · span 906620–906627
14Section 08, Ted A. GardnerDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t82 · r3 · c2 · span 893935–893942
15Section 08, C. Park ShaperDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t82 · r9 · c2 · span 902834–902841
16Section 08, William A. SmithDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t82 · r10 · c2 · span 904282–904289
17Section 08, Steven J. KeanDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t82 · r5 · c2 · span 896846–896853
18Section 08, Arthur C. ReichstetterDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t82 · r8 · c2 · span 901388–901395
19Section 08, Michael C. MorganDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t82 · r7 · c2 · span 899934–899941
20Section 08, Anthony W. Hall JrDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t82 · r4 · c2 · span 895389–895396
21Section 08, Deborah A. MacdonaldDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 125,000. Filing ↗machine: t82 · r6 · c2 · span 898485–898492
22Section 08, Kimberly A. DangDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Richard D. KinderDEF 14A2026-04-020001506307-26-000024Section “Director Compensation”. As printed: 0. Filing ↗
24Section 02, John Schlosser 2026-04-06Form 42026-04-060001506307-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Michael P. Garthwaite 2026-04-16Form 42026-04-170001506307-26-000031Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, John Schlosser 2026-05-05Form 42026-05-050001506307-26-000039Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Michael P. Garthwaite 2026-05-18Form 42026-05-190001506307-26-000045Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, John Schlosser 2026-06-05Form 42026-06-050001506307-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Michael P. Garthwaite 2026-06-16Form 42026-06-170001506307-26-000053Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, John Schlosser 2026-07-06Form 42026-07-060001506307-26-000057Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Michael P. Garthwaite 2026-07-16Form 42026-07-200001506307-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Michael P. Garthwaite 2026-07-16Form 42026-07-200001506307-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Michael P. Garthwaite 2026-07-16Form 42026-07-200001506307-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Michael P. Garthwaite 2026-07-16Form 42026-07-200001506307-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Michael J. Pitta 2026-07-18Form 42026-07-200001506307-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Michael J. Pitta 2026-07-18Form 42026-07-200001506307-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Michael J. Pitta 2026-07-18Form 42026-07-200001506307-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Anthony B. Ashley 2026-07-21Form 42026-07-230001506307-26-000080Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, John Schlosser 2026-07-21Form 42026-07-230001506307-26-000079Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Sital Mody 2026-07-21Form 42026-07-230001506307-26-000078Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Michael P. Garthwaite 2026-07-21Form 42026-07-230001506307-26-000077Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Kevin P. Grahmann 2026-07-21Form 42026-07-230001506307-26-000074Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Kimberly A. Dang 2026-07-21Form 42026-07-230001506307-26-000081Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Dax Sanders 2026-07-21Form 42026-07-230001506307-26-000075Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, David Michels 2026-07-21Form 42026-07-230001506307-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Michael J. Pitta 2026-07-21Form 42026-07-230001506307-26-000083Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Catherine C. James 2026-07-21Form 42026-07-230001506307-26-000082Insider equity transaction reported since the proxy statement. Filing ↗
48Section 06, 2026 voteForm 8-K2026-05-190001506307-26-000043Item 5.07 · say-on-pay result. As reported: 95.38% (votes for as printed: 1,605,994,160). Filing ↗
49Section 06, 2025 voteForm 8-K2025-05-200001506307-25-000030Item 5.07 · say-on-pay result. As reported: 95.52% (votes for as printed: 1,577,712,928). Filing ↗
50Section 06, 2024 voteForm 8-K2024-05-080001506307-24-000039Item 5.07 · say-on-pay result. As reported: 95.67% (votes for as printed: 1,530,862,957). Filing ↗
51Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
52Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
53Section 09b board cost (computed)ComputedcomputedCash 2,074,736 + equity 300,336 + all other 5,580 = 2,380,652, summed across the director compensation table rows.machine: formula: Σ = 2,380,652
54ConocoPhillips Company, Section 10b CEO totalDEF 14A2026-03-300001104659-26-036366CEO total compensation as printed in ConocoPhillips Company's own proxy. As printed: 23,450,085. Filing ↗machine: span 1829926–1829936
55Phillips 66, Section 10b CEO totalDEF 14A2026-04-020001534701-26-000010CEO total compensation as printed in Phillips 66's own proxy. As printed: 23,113,403. Filing ↗machine: t231 · r4 · c13 · span 1318456–1318466
56Dominion Energy Inc., Section 10b CEO totalDEF 14A2026-03-190001193125-26-115180CEO total compensation as printed in Dominion Energy Inc.'s own proxy. As printed: 16,037,850. Filing ↗machine: r4 · c20 · span 2345967–2345977
57Duke Energy Corporation, Section 10b CEO totalDEF 14A2026-03-200001104659-26-032443CEO total compensation as printed in Duke Energy Corporation's own proxy. As printed: 13,652,630. Filing ↗machine: r1 · c50 · span 1542349–1542359
58Kinder Morgan (subject), Section 10b CEO totalDEF 14A2026-04-020001506307-26-000024CEO total compensation as printed in Kinder Morgan's own proxy. As printed: 12,331,566. Filing ↗machine: t55 · r2 · c18 · span 515403–515413
59CenterPoint Energy, Inc., Section 10b CEO totalDEF 14A2026-03-040001104659-26-023457CEO total compensation as printed in CenterPoint Energy, Inc.'s own proxy. As printed: 12,092,341. Filing ↗machine: r1 · c54 · span 1435451–1435461
60Section 10a, Dominion Energy Inc. reciprocityDEF 14A0001193125-26-115180Dominion Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Kinder Morgan. Filing ↗
61Section 10a, ConocoPhillips Company reciprocityDEF 14A0001104659-26-036366ConocoPhillips Company's most recent proxy was read; its disclosed peer group does not include Kinder Morgan. Filing ↗
62Section 10a, CenterPoint Energy, Inc. reciprocityDEF 14A0001104659-26-023457CenterPoint Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Kinder Morgan. Filing ↗
63Section 10a, Phillips 66 reciprocityDEF 14A0001534701-26-000010Phillips 66's most recent proxy was read; its disclosed peer group does not include Kinder Morgan. Filing ↗
64Section 10a, Duke Energy Corporation reciprocityDEF 14A0001104659-26-032443Duke Energy Corporation's most recent proxy was read; its disclosed peer group does not include Kinder Morgan. Filing ↗