STOCK TITAN

Kinetik (NYSE: KNTK) holder plans more sales after $11.9M August trade

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Kinetik Holdings Inc. (KNTK) received a Rule 144 notice relating to planned sales of its Class A Common Stock for the account of Buzzard Midstream LLC. The notice covers 64,898 shares expected to be issued and sold on 07/29/2026 through redemption of common units in Kinetik Holdings LP on a one-for-one basis into Class A shares.

The selling account is Buzzard Midstream LLC, with ISQ Global Fund II GP LLC exercising voting and investment power and filing on its behalf. The filer also reports multiple prior open-market sales of Kinetik Class A shares during August 2026, including blocks such as 235,349 shares on 08/06/2026 and 147,516 shares on 08/11/2026.

Positive

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Negative

  • None.
Shares to be sold 64,898 shares Class A Common Stock covered by the Rule 144 notice
Proposed sale date 07/29/2026 Date associated with the planned Rule 144 sale and unit redemption
Prior sale 08/06/2026 235,349 shares Class A Common Stock sold on 08/06/2026
Proceeds 08/06/2026 $11,890,040.68 Dollar amount for the 235,349-share sale on 08/06/2026
Prior sale 08/11/2026 147,516 shares Class A Common Stock sold on 08/11/2026
Proceeds 08/11/2026 $7,675,283.68 Dollar amount for the 147,516-share sale on 08/11/2026
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. 10% Stockholder"
redemption of common units financial
"Redemption of common units representing limited partnership interests in Kinetik Holdings LP in exchange for shares of Class A Common Stock"
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 regulatory
"exercises voting and investment power over the securities directly held by Buzzard Midstream LLC"

FAQ

What does the Form 144 filing mean for KNTK shareholders?

The Form 144 reports a planned sale of 64,898 Kinetik Holdings Inc. Class A shares by an existing holder under Rule 144. It is a compliance notice about potential resales and does not change Kinetik’s operations or disclose new company financial results.

How many KNTK shares are planned to be sold under this Rule 144 notice?

The notice covers a proposed sale of 64,898 shares of Kinetik Class A Common Stock. These shares are expected to be issued upon redemption of common units of Kinetik Holdings LP on a one-for-one basis into Class A stock on 07/29/2026.

Who is selling the KNTK shares mentioned in this Form 144?

The securities are being sold for the account of Buzzard Midstream LLC. ISQ Global Fund II GP LLC, as general partner of certain indirect owners of Buzzard Midstream LLC, exercises voting and investment power and is filing the notice on Buzzard Midstream’s behalf.

What recent KNTK share sales does the filing disclose for the past three months?

The filing lists several prior sales of Class A Common Stock during August 2026. Examples include 235,349 shares on 08/06/2026 for proceeds of $11,890,040.68 and 147,516 shares on 08/11/2026 for $7,675,283.68, among other smaller and larger blocks.

How will the new KNTK shares in this Form 144 be obtained before resale?

The 64,898 Kinetik Class A shares are tied to a redemption of common units in Kinetik Holdings LP. Those units are to be exchanged on a one-for-one basis for shares of Kinetik Class A Common Stock before any potential resale under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature