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.
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.
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Key Figures
Shares to be sold under Rule 144: 135,084 shares
Aggregate market value of planned sale: $7,226,994
Shares of Class A common stock outstanding: 80,442,263 shares
+4 more
7 metrics
Shares to be sold under Rule 144
135,084 shares
Class A common stock planned sale by Buzzard Midstream LLC via ISQ Global Fund II GP LLC
Aggregate market value of planned sale
$7,226,994
Value for the 135,084 Kinetik Holdings Inc. Class A shares covered by the notice
Shares of Class A common stock outstanding
80,442,263 shares
Outstanding Kinetik Holdings Inc. Class A shares referenced in the securities information section
Largest single recent sale
235,349 shares
Kinetik Class A shares sold on August 6, 2026 by ISQ Global Fund II GP LLC
Proceeds from August 6, 2026 sale
$11,890,040.68
Aggregate proceeds for 235,349 Kinetik Class A shares sold on August 6, 2026
Example recent sale on August 11, 2026
147,516 shares; $7,675,283.68
Kinetik Class A shares and proceeds from sale on August 11, 2026
Approximate sale date for new Rule 144 shares
September 18, 2026
Approximate date of sale listed for the 135,084 shares in the notice
Key Terms
Rule 144, Class A Common Stock, aggregate market value, redemption, +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"
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.
aggregate market value financial
"Class A Common Stock ... 135084 | 7226994 | 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.
redemption financial
"Redemption of common units representing limited partnership interests"
Redemption is when an issuer or holder settles a financial instrument by paying it off or returning it for cash, such as a bond being paid at maturity or a preferred share bought back by the company. It matters to investors because redemption changes when and how they get their money back, can cut off future income from the investment, and affects the issuer’s cash needs—think of it like a loan being paid off early or a store refunding a returned purchase.
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.
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