Craig Harris joins Kinetik (KNTK) insider roster with initial Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Kinetik Holdings Inc. reported that Craig Harris filed an initial Form 3 as a director of the company. This filing establishes his status as a reporting person for future insider ownership and trading disclosures. The Form 3 shows no reportable transactions or holdings in this excerpt.
Positive
- None.
Negative
- None.
Key Terms
Form 3, reporting person, beneficial ownership
3 terms
Form 3 regulatory
"Harris Craig filed an initial Form 3 as a director"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
reporting person regulatory
"This filing establishes his status as a reporting person"
beneficial ownership financial
"initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does the Kinetik Holdings (KNTK) Form 3 filing report for Craig Harris?
The Form 3 filing lists Craig Harris as a director of Kinetik Holdings Inc. It serves as his initial statement of beneficial ownership, with no reportable transactions or holdings shown in the provided data.
Does the KNTK Form 3 for Craig Harris show any insider trades or holdings?
No. The Form 3 data for Craig Harris shows no reported transactions and zero shares across buy, sell, exercise, gift, or withholding categories, indicating only an initial reporting status in this excerpt.
Why is Craig Harris required to file a Form 3 for Kinetik Holdings (KNTK)?
Craig Harris is required to file Form 3 because he is a director of Kinetik Holdings Inc. Directors are considered insiders and must report their beneficial ownership when they first become subject to SEC reporting rules.
Does the KNTK Form 3 include any derivative securities for Craig Harris?
No. The Form 3 derivative summary for Craig Harris is empty, and the transaction summary shows zero derivative transactions, indicating no options or similar instruments are reported in this excerpt.
What is the net buy/sell direction in Craig Harris’s KNTK Form 3?
The net buy/sell direction is reported as neutral, with netBuySellShares at zero. This reflects that no purchases, sales, or other reportable transactions are included in the provided Form 3 data.