Kinetik Holdings 10% holder plans $7.2M sale
Kinetik Holdings Inc. (KNTK) has a notice from affiliate holder ISQ Global Fund II GP LLC, acting for Buzzard Midstream LLC, to sell up to 135,084 shares of Class A common stock under Rule 144.
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Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) has a notice from affiliate holder ISQ Global Fund II GP LLC, acting for Buzzard Midstream LLC, to sell up to 135,084 shares of Class A common stock under Rule 144. The shares will be issued on a one-for-one basis upon redemption of common units in Kinetik Holdings LP, with Goldman Sachs & Co. LLC as broker. Buzzard Midstream LLC, through ISQ Global Fund II GP LLC, has also reported multiple open-market sales of Kinetik Class A shares over the prior three months.
Key Figures
Key Terms
Rule 144 regulatory
Class A Common Stock financial
aggregate market value financial
redemption financial
limited partnership interests financial
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AI-generated analysis. How Rhea-AI works. Not financial advice.