Kinetik 10% holder plans $3.2M share sale
A 10% stockholder associated with Buzzard Midstream LLC has filed to sell up to 58,383 KNTK Class A shares under Rule 144 after recent sizable open-market sales.
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Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) has a notice under Rule 144 for a proposed sale of 58,383 shares of Class A Common Stock for the account of Buzzard Midstream LLC, with ISQ Global Fund II GP LLC acting as the filing party. The shares were acquired on July 29, 2026 through a redemption of common units of Kinetik Holdings LP on a one-for-one basis into Class A shares. The notice lists an aggregate market value of $3,209,897.34 for the shares to be sold, with 80,442,263 Class A shares outstanding as of September 8, 2026. Prior open-market transactions for the same account over the past three months include multiple blocks of Class A shares sold on the NYSE through Goldman Sachs & Co. LLC.
Key Figures
Key Terms
Rule 144 regulatory
Class A Common Stock financial
aggregate market value financial
limited partnership interests financial
approximate date of sale financial
FAQ
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Who is the selling security holder in this KNTK Form 144?
Which broker and exchange are involved in the proposed KNTK sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.