Kinetik COO granted new stock and PSU awards
Wall Matthew reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Wall Matthew reported acquisition or exercise transactions in this Form 4 filing.
Kinetik Holdings Inc. EVP and COO Matthew Wall reported equity compensation grants. He received 12,164 shares of Class A common stock in the form of restricted stock units under the company’s Amended and Restated 2019 Omnibus Compensation Plan, which generally vest on July 31, 2028 and may be settled one-for-one in Class A common stock. Wall also accrued 1,939 dividend equivalent performance share units tied to previously granted PSUs under the same plan and the Dividend and Distribution Reinvestment Plan, bringing his PSU-related units to 34,241, payable in Class A common stock upon vesting. Following these awards, his direct Class A common stock holdings reported in this filing total 597,720 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F2 | 1,939 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock, par value $0.001 F1 | 12,164 | $0.00 | $0.00 |
Footnotes (2)
- F1. Includes an award of restricted stock units granted to the Reporting Person under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan (the "Plan") that will generally vest on July 31, 2028, subject to the Reporting Person's continued service relationship with the Company through such date and may be settled only for shares of Class A Common Stock on a one-for-one basis.
- F2. Reflects 1,939 dividend equivalent shares accrued on performance share units ("PSUs") granted to the Reporting Person under the Plan and the Company's Dividend and Distribution Reinvestment Plan after the Reporting Person's immediately prior Form 4 filing. Each dividend equivalent unit reflects the right to receive Class A Common Stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding PSU. During the 2-year vesting period, the award will be credited with dividend equivalents that will be paid out in Class A Common Stock at the time the underlying units vest and shares are issued. The award and credited dividend will be payable on a one-to-one basis of Class A Common Stock for each vested PSU, including PSUs resulting from dividend equivalents.
Key Figures
Key Terms
restricted stock units financial
Dividend and Distribution Reinvestment Plan financial
Amended and Restated 2019 Omnibus Compensation Plan financial
FAQ
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What equity awards did Kinetik (KNTK) COO Matthew Wall receive on August 7, 2026?
When do Matthew Wall’s new KNTK restricted stock units vest?
What are the 1,939 dividend equivalent PSUs reported for Kinetik (KNTK)?
AI-generated analysis. How Rhea-AI works. Not financial advice.