Kinetik Holdings (KNTK) COO receives 12,164 RSUs and new PSU dividend units
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,164 shares
Net Buy
2 txns
Insider
Wall Matthew
Role
See Remarks
| 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 |
Holdings After Transaction:
Performance Share Units — 34,241 shares (Direct);
Class A Common Stock, par value $0.001 — 597,720 shares (Direct)
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
Restricted stock units granted: 12,164 shares
RSU vesting date: July 31, 2028
Dividend equivalent PSUs accrued: 1,939 units
+2 more
5 metrics
Restricted stock units granted
12,164 shares
RSU award of Class A common stock granted August 7, 2026
RSU vesting date
July 31, 2028
Restricted stock units generally vest on this date, subject to continued service
Dividend equivalent PSUs accrued
1,939 units
Dividend equivalent shares accrued on existing performance share units
Total PSU-related units after accrual
34,241 units
Performance share units including credited dividend equivalents following this transaction
Class A common stock holdings
597,720 shares
Direct Class A common stock position following the RSU award
Key Terms
Performance Share Units, restricted stock units, dividend equivalent shares, Dividend and Distribution Reinvestment Plan, +1 more
5 terms
restricted stock units financial
"Includes an award of restricted stock units granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend and Distribution Reinvestment Plan financial
"PSUs granted to the Reporting Person under the Plan and the Company's Dividend and Distribution Reinvestment Plan"
Amended and Restated 2019 Omnibus Compensation Plan financial
"granted to the Reporting Person under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Kinetik (KNTK) COO Matthew Wall receive on August 7, 2026?
Matthew Wall received 12,164 restricted stock units of Class A common stock and 1,939 dividend equivalent performance share units, all under Kinetik’s Amended and Restated 2019 Omnibus Compensation Plan and related dividend reinvestment arrangements.
When do Matthew Wall’s new KNTK restricted stock units vest?
The 12,164 restricted stock units granted to Matthew Wall generally vest on July 31, 2028, subject to his continued service relationship with Kinetik Holdings Inc. through that date and settlement in Class A common stock.
What are the 1,939 dividend equivalent PSUs reported for Kinetik (KNTK)?
The 1,939 units are dividend equivalent shares accrued on existing performance share units under Kinetik’s compensation plan and Dividend and Distribution Reinvestment Plan, payable in Class A common stock on a one-for-one basis when the underlying PSUs vest.