Kinetik 10% holder proposes $5.8M stock sale
Kinetik Holdings Inc. (KNTK) has a notice of proposed resale under Rule 144 by a 10% stockholder, with 108,977 shares of Class A Common Stock proposed to be sold through Goldman Sachs & Co. LLC.
Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) has a notice of proposed resale under Rule 144 by a 10% stockholder, with 108,977 shares of Class A Common Stock proposed to be sold through Goldman Sachs & Co. LLC. The proposed sale date is September 17, 2026, on the NYSE.
The shares are beneficially controlled by ISQ Global Fund II GP LLC through Buzzard Midstream LLC, which directly holds the securities. During the three months before the notice, multiple open-market sales of Kinetik Class A Common Stock were reported for the same account.
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Key Figures
Shares proposed to be sold under Rule 144: 108,977 shares
Aggregate market value of shares to be sold: $5,849,885.36
Shares of Class A Common Stock outstanding: 80,442,263 shares
+3 more
6 metrics
Shares proposed to be sold under Rule 144
108,977 shares
Class A Common Stock, proposed sale through Goldman Sachs & Co. LLC
Aggregate market value of shares to be sold
$5,849,885.36
Value associated with 108,977 shares of Class A Common Stock
Shares of Class A Common Stock outstanding
80,442,263 shares
Reported in the securities information section of the notice
Proposed sale date
September 17, 2026
Approximate date of sale for the 108,977 shares
Sale on August 6, 2026
235,349 shares for $11,890,040.68
Prior three-month sale of Class A Common Stock by the same account
Sale on August 11, 2026
147,516 shares for $7,675,283.68
Another prior three-month sale listed for ISQ Global Fund II GP LLC
Key Terms
Rule 144, 10% Stockholder, Class A Common Stock, limited partnership interests, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10% Stockholder regulatory
"In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice."
Class A Common Stock financial
"Class A Common Stock | Goldman Sachs & Co. LLC 200 West Street NEW YORK NY 10282"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
limited partnership interests financial
"Redemption of common units representing limited partnership interests in Kinetik Holdings LP in exchange for shares"
An ownership stake in a limited partnership gives an investor the role of a limited partner who provides capital but does not run day-to-day operations; a separate general partner manages the business. It matters because limited partners share profits, losses, and tax benefits but generally cannot lose more than they invested and have little control or liquidity—think of it like quietly funding a small business while someone else manages it, with potential return and risk tied to the venture’s performance.
voting and investment power financial
"exercises voting and investment power over the securities directly held by Buzzard Midstream LLC"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for KNTK?
It discloses that a 10% stockholder plans to sell 108,977 shares of Kinetik Holdings Inc. Class A Common Stock under Rule 144, with Goldman Sachs & Co. LLC as broker, and lists recent prior sales by the same selling stockholder account.
Who is the selling security holder in the KNTK Form 144?
The notice is filed by ISQ Global Fund II GP LLC for the account of Buzzard Midstream LLC. ISQ Global Fund II GP LLC is described as exercising voting and investment power over the securities directly held by Buzzard Midstream LLC.
What prior KNTK stock sales are reported over the past three months?
The form lists multiple Class A Common Stock sales by ISQ Global Fund II GP LLC’s account, including 235,349 shares on August 6, 2026 for $11,890,040.68 and 147,516 shares on August 11, 2026 for $7,675,283.68, among other dates and amounts.
When is the Rule 144 notice for KNTK dated and signed?
The date of notice is September 17, 2026. The Form 144 is signed by Gautam Bhandari, identified as a Director, on behalf of the filing person in connection with the proposed sale for Buzzard Midstream LLC’s account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
