Kinetik officer granted 5,072 bonus shares
Ellis Lindsay reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Ellis Lindsay reported acquisition or exercise transactions in this Form 4 filing.
Kinetik Holdings Inc. reported that company officer Ellis Lindsay received an equity award rather than making an open-market trade. On an effective date of 2 March 2026, Lindsay was granted 5,072 fully vested shares of Class A common stock at a stated price of $0.00 per share. The award was granted in lieu of a cash payout for the officer’s annual incentive award earned for the 2025 fiscal year, effectively paying that bonus in stock instead of cash. Following this grant, Lindsay directly owned 48,165 shares of Kinetik’s Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 | 5,072 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of fully vested shares of Class A Common Stock, par value $0.001 per share ("Class A Common Stock") of Kinetik Holdings Inc. (the "Issuer") granted to the Reporting Person in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2025 fiscal year.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Kinetik Holdings (KNTK) report in this Form 4 for Ellis Lindsay?
Was the Kinetik Holdings (KNTK) Form 4 transaction a stock purchase or a grant?
What is the purpose of the Kinetik Holdings (KNTK) equity award to Ellis Lindsay?
Did Kinetik Holdings (KNTK) pay cash to Ellis Lindsay in this Form 4 transaction?
Is the Ellis Lindsay Form 4 transaction in Kinetik Holdings (KNTK) routine compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.