Kinetik (NYSE: KNTK) investor lines up 6,963-share stock sale
Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) has a notice under Rule 144 indicating that Buzzard Midstream LLC, for whose account ISQ Global Fund II GP LLC is filing, may sell up to 6,963 shares of Kinetik Class A Common Stock through Goldman Sachs & Co. LLC. The filing reports an aggregate market value of $379,483.50 for these shares and notes that 80,442,263 shares of Class A Common Stock were outstanding. The securities to be sold arise from the redemption of common units in Kinetik Holdings LP on a one-for-one basis into Class A Common Stock.
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Key Figures
Shares to be sold under Rule 144: 6,963 shares of Class A Common Stock
Aggregate market value of shares to be sold: $379,483.50
Shares outstanding: 80,442,263 shares
+4 more
7 metrics
Shares to be sold under Rule 144
6,963 shares of Class A Common Stock
Proposed sale through Goldman Sachs & Co. LLC
Aggregate market value of shares to be sold
$379,483.50
Value of 6,963 shares covered by the notice
Shares outstanding
80,442,263 shares
Kinetik Class A Common Stock as referenced in the notice
Largest single reported sale in past 3 months
235,349 shares for $11,890,040.68
Sale of Class A Common Stock on 08/06/2026
Form 144 notice date
08/21/2026
Date of Notice signed by Gautam Bhandari
Example prior sale
147,516 shares for $7,675,283.68
Sale of Class A Common Stock on 08/11/2026
Example prior sale
113,075 shares for $5,834,443.57
Sale of Class A Common Stock on 08/13/2026
Key Terms
Rule 144, Class A Common Stock, 10% Stockholder, aggregate market value, +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.
10% Stockholder financial
"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"
aggregate market value financial
"Class A Common Stock | Goldman Sachs & Co. LLC 200 West Street NEW YORK NY 10282 | 6963 | 379483.5 | 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.
FAQ
What does KNTK’s latest Form 144 filing disclose?
It discloses a plan to sell up to 6,963 shares of Kinetik Holdings Inc. Class A Common Stock under Rule 144, with an aggregate market value of $379,483.50, for the account of Buzzard Midstream LLC, as reported by ISQ Global Fund II GP LLC.
Who is the selling security holder in the KNTK Form 144?
The securities are being sold for the account of Buzzard Midstream LLC. ISQ Global Fund II GP LLC, as general partner of indirect owners of Buzzard Midstream LLC, exercises voting and investment power and is filing the notice on its behalf as a 10% Stockholder.
What is the nature of the KNTK securities being sold under this Form 144?
The securities are Class A Common Stock of Kinetik Holdings Inc., to be issued upon redemption of common units representing limited partnership interests in Kinetik Holdings LP on a one-for-one basis into shares of Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.