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.
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.
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Key Figures
Shares to be sold under Rule 144: 58,383 shares
Aggregate market value of shares to be sold: $3,209,897.34
Class A shares outstanding: 80,442,263 shares
+3 more
6 metrics
Shares to be sold under Rule 144
58,383 shares
Class A Common Stock proposed for sale for the account of Buzzard Midstream LLC
Aggregate market value of shares to be sold
$3,209,897.34
Value of 58,383 Class A shares covered by the notice
Class A shares outstanding
80,442,263 shares
Outstanding Kinetik Holdings Inc. Class A Common Stock as of September 8, 2026
Acquisition date of shares to be sold
July 29, 2026
Date of redemption of Kinetik Holdings LP units into Class A shares
Example prior sale on August 6, 2026
235,349 shares for $11,890,040.68
Class A Common Stock sold by ISQ Global Fund II GP LLC for Buzzard Midstream LLC
Example prior sale on August 11, 2026
147,516 shares for $7,675,283.68
Class A Common Stock sold by ISQ Global Fund II GP LLC for Buzzard Midstream LLC
Key Terms
Rule 144, Class A Common Stock, aggregate market value, 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.
Class A Common Stock financial
"Class A Common Stock | Goldman Sachs & Co. LLC 200 West Street"
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.
aggregate market value financial
"Class A Common Stock ... 58383 | 3209897.34 | 80442263"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
limited partnership interests financial
"Redemption of common units representing limited partnership interests in Kinetik Holdings LP"
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.
approximate date of sale financial
"80442263 | 09/08/2026 | NYSE"
FAQ
Who is the selling security holder in this KNTK Form 144?
The securities are being sold for the account of Buzzard Midstream LLC. ISQ Global Fund II GP LLC is the general partner of indirect owners of Buzzard Midstream LLC, exercises voting and investment power over the securities, and is filing the notice on its behalf as a 10% stockholder.
Which broker and exchange are involved in the proposed KNTK sale?
The broker listed is Goldman Sachs & Co. LLC, and the planned sales of Kinetik Holdings Inc. Class A Common Stock are identified for trading on the NYSE, with an approximate date of sale of September 8, 2026 for the Rule 144 transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
