Craig Harris joins expanded Kinetik Holdings (NYSE: KNTK) board of directors
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Kinetik Holdings Inc. has expanded its Board of Directors and appointed Craig Harris as a new director, effective June 23, 2026. The board size increased from ten to eleven members to accommodate his appointment.
Harris joins as a non-employee, non-affiliate director and will receive standard cash and equity compensation for board and committee service, prorated through the 2027 annual meeting. He will sign the company’s standard Delaware-law indemnification agreement for directors and officers. Kinetik also issued a press release on June 24, 2026 announcing his appointment.
Positive
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Negative
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8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Board size after appointment: 11 directors
Board size before appointment: 10 directors
Effective appointment date: June 23, 2026
+3 more
6 metrics
Board size after appointment
11 directors
Board increased from ten to eleven members for Craig Harris
Board size before appointment
10 directors
Board expanded to add new director Craig Harris
Effective appointment date
June 23, 2026
Craig Harris appointed to Kinetik board effective immediately
Press release date
June 24, 2026
Press release announcing Craig Harris’s appointment
Filing signature date
June 25, 2026
8-K signed on behalf of Kinetik Holdings Inc.
Industry experience
more than 30 years
Craig Harris’s experience in the energy industry
Key Terms
indemnification agreement, Regulation FD Disclosure, non-employee director, midstream, +1 more
5 terms
indemnification agreement regulatory
"Mr. Harris will enter into the standard form indemnification agreement with the Company"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure On June 24, 2026, the Company issued a press release"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
non-employee director financial
"As a non-employee and non-affiliate director of the Board, Mr. Harris will receive standard cash and equity compensation"
midstream financial
"His extensive experience in the midstream industry, combined with his proven leadership"
Midstream refers to the phase in the energy supply chain that involves the transportation, storage, and processing of oil and natural gas after extraction from the ground, but before they are refined into usable products. For investors, midstream companies are important because they often generate steady income through fees for moving and storing energy resources, making them a key link between resource producers and consumers.
pure-play financial
"Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation"
A pure-play company focuses almost entirely on a single product, service, or market rather than operating across many different lines. For investors, that makes the company’s performance a direct bet on one specific business — like backing a single-sport team instead of a multi-sport club — so returns can be clearer but also more volatile because there’s less built-in diversification.
FAQ
What did Kinetik Holdings Inc. (KNTK) announce in this 8-K filing?
Kinetik Holdings announced the appointment of Craig Harris to its Board of Directors, effective June 23, 2026. The board was expanded from ten to eleven members, and the company issued a press release describing his background and role.
Who is Craig Harris, the new director at Kinetik Holdings (KNTK)?
Craig Harris is an energy industry executive with more than 30 years of experience. He previously served as a Senior Managing Director in Blackstone’s credit business and held senior roles at several midstream companies, with engineering degrees from Tennessee Tech and Vanderbilt University.
How will Craig Harris be compensated as a Kinetik Holdings (KNTK) director?
As a non-employee, non-affiliate director, Craig Harris will receive Kinetik’s standard cash and equity compensation for board and committee service. These payments will be prorated for his term through the company’s 2027 Annual Meeting of Stockholders.
What legal protections will Craig Harris receive as a Kinetik (KNTK) director?
Craig Harris will enter into Kinetik’s standard indemnification agreement for directors and officers. The agreement provides indemnification to the fullest extent permitted under Delaware law and includes advancement of expenses for covered proceedings arising from his service.
How did Kinetik Holdings (KNTK) communicate Craig Harris’s appointment to investors?
Kinetik issued a press release on June 24, 2026 announcing Craig Harris’s appointment to the board. The release is furnished as Exhibit 99.1 under Regulation FD and is treated as furnished, not filed, for Exchange Act liability purposes.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Director
On June 23, 2026, the Board of Directors (the "Board") of Kinetik Holdings Inc. (the "Company") appointed Craig Harris to serve as director of the Company, effective immediately. In connection with Mr. Harris's appointment, the Board increased the size of the Board from ten (10) directors to eleven (11) directors, effective immediately.
As a non-employee and non-affiliate director of the Board, Mr. Harris will receive standard cash and equity compensation for non-employee directors serving on the Board and the Board’s committee(s), if any, in accordance with the Company’s policies, prorated for his service until the Company’s 2027 Annual Meeting of Stockholders.
Mr. Harris is not a party to any arrangements or understandings with any other persons pursuant to which he was selected as a director of the Board. Mr. Harris has no direct or indirect material interest in any transaction required to be disclosed under Item 404(a) of Regulation S-K.
Mr. Harris will enter into the standard form indemnification agreement with the Company that the Company has entered into with each of its other directors and officers. The agreement requires the Company to indemnify these individuals to the fullest extent permitted under Delaware law against liabilities that may arise by reason of their service to the Company, and to advance expenses incurred as a result of any proceeding against them as to which they could be indemnified. The foregoing description of the indemnification agreement is a summary only and is subject to, and qualified in its entirety by reference to, the form of indemnification agreement, a copy of which is filed as Exhibit 10.3 to the Company’s Current Report on Form 8-K filed on February 28, 2022 and is incorporated herein by reference.
Item 7.01. Regulation FD Disclosure
On June 24, 2026, the Company issued a press release announcing Mr. Harris's appointment to the Board. A copy of the Company's press release is attached hereto and furnished as Exhibit 99.1 and is incorporated in this report by reference.
The information provided in this Item 7.01, including the accompanying Exhibit 99.1, shall be deemed “furnished” and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall it be incorporated by reference in any filing made by the Company pursuant to the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except to the extent that such filing incorporates by reference any or all of such information by express reference thereto.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description of Exhibit | |||||||
| 99.1 | Press Release of Kinetik Holdings Inc. dated June 24, 2026, issued by Kinetik Holdings Inc. (furnished solely for purposes of Item 7.01 of this Form 8-K). | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Kinetik Holdings Inc. | |||||||||||
| Dated: | June 25, 2026 | /s/ Lindsay Ellis | |||||||||
| Lindsay Ellis | |||||||||||
| General Counsel, Secretary and Chief Compliance Officer | |||||||||||
Exhibit 99.1 Kinetik Appoints New Board Member HOUSTON and MIDLAND, Texas, June 24, 2026 – Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced the appointment of Craig Harris to the Kinetik Board of Directors, effective June 23, 2026. Craig Harris has more than 30 years of experience in the energy industry, with a background spanning engineering, operations, business development, and corporate strategy. From October 2022 to March 2026, Mr. Harris was a Senior Managing Director within Blackstone’s credit business. Prior to that, he held senior leadership roles at 3Bear Energy, Enable Midstream Partners, Columbia Midstream Group, and El Paso Corporation. Mr. Harris holds a Bachelor of Science degree in Mechanical Engineering from Tennessee Technological University and a Master of Science degree in Mechanical Engineering from Vanderbilt University. “We are pleased to welcome Craig to our Board of Directors,” said Jamie Welch, President & CEO of Kinetik. “His extensive experience in the midstream industry, combined with his proven leadership and strategic perspective, will strengthen our Board. We look forward to benefiting from his insights as we continue to advance Kinetik’s growth and value creation objectives.” “I am honored to join Kinetik’s Board of Directors. I have a strong appreciation for Kinetik’s integrated platform and strategic positioning, and I look forward to contributing to the Company’s continued execution and long-term value creation,” commented Craig Harris. About Kinetik Holdings Inc. Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Houston and Midland, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website, www.kinetik.com. Kinetik Investors: Alex Durkee Shyam Patel (713) 493-0900 investors@kinetik.com