Kinetik 10% holder plans $316K stock resale
A 10% stockholder linked to ISQ Global Fund II GP LLC filed to resell 5,840 KNTK Class A shares under Rule 144.
Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) received a Form 144 notice relating to planned resales of its Class A Common Stock by a 10% stockholder. Buzzard Midstream LLC, for whose account the securities are being sold, plans to sell 5,840 shares through Goldman Sachs & Co. LLC on the NYSE around September 10, 2026. These shares were acquired on July 29, 2026 via redemption of common units in Kinetik Holdings LP on a one-for-one basis for Class A shares. ISQ Global Fund II GP LLC, as an indirect owner and controller of Buzzard Midstream LLC, filed the notice.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold under Form 144: 5,840 shares
Aggregate market value of planned sale: $316,528
Shares outstanding: 80,442,263 shares
+3 more
6 metrics
Shares to be sold under Form 144
5,840 shares
Planned resale of Kinetik Holdings Inc. Class A Common Stock by a 10% stockholder
Aggregate market value of planned sale
$316,528
Market value associated with 5,840 shares to be sold
Shares outstanding
80,442,263 shares
Class A Common Stock of Kinetik Holdings Inc. outstanding
Acquisition date of shares to be sold
July 29, 2026
Date of redemption of common units in Kinetik Holdings LP for Class A shares
Example prior sale on August 6, 2026
235,349 shares for $11,890,040.68
KNTK Class A Common Stock sold by ISQ Global Fund II GP LLC during prior three months
Example prior sale on August 11, 2026
147,516 shares for $7,675,283.68
KNTK Class A Common Stock sold by ISQ Global Fund II GP LLC during prior three months
Key Terms
Rule 144, 10% Stockholder, aggregate market value, redemption of common units, +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 financial
"In addition, information shall be given as to sales by all persons... 10% Stockholder"
aggregate market value financial
"Class A Common Stock ... 5,840 ... 316,528 ... 80,442,263"
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.
redemption of common units financial
"Redemption of common units representing limited partnership interests in Kinetik Holdings LP"
limited partnership interests financial
"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.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.