Kinetik 10% holder to sell 21,511 shares
A 10% stockholder affiliated with Buzzard Midstream LLC plans a Rule 144 resale of 21,511 Kinetik Class A shares following a unit-for-share redemption.
Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) has a notice of proposed resale of its Class A Common Stock under Rule 144 by a 10% stockholder, ISQ Global Fund II GP LLC, on behalf of Buzzard Midstream LLC. The notice covers 21,511 shares expected to be received from a one-for-one redemption of common units in Kinetik Holdings LP into Kinetik Class A shares, with Goldman Sachs & Co. LLC as broker. The filing also lists multiple prior open-market sales of Kinetik Class A shares by the same affiliated holder during the past three months.
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Key Figures
Key Terms
Rule 144 regulatory
10% Stockholder regulatory
Class A Common Stock financial
limited partnership interests financial
voting and investment power financial
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