Kinetik Holdings (KNTK) awards 7,245 fully vested shares to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stellato Steven reported acquisition or exercise transactions in this Form 4 filing.
Kinetik Holdings Inc. reported that executive Steven Stellato received an award of 7,245 fully vested shares of Class A Common Stock at no cost. The shares were granted in lieu of cash for his 2025 annual incentive award, bringing his direct holdings to 396,289 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stellato Steven
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 | 7,245 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 — 396,289 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Kinetik Holdings (KNTK) report for Steven Stellato?
Kinetik Holdings reported that executive Steven Stellato received an award of 7,245 fully vested Class A Common Stock shares. The grant was made at no cash cost and settled his annual incentive award for the 2025 fiscal year.
Was cash involved in Steven Stellato’s Kinetik (KNTK) Form 4 stock award?
No cash changed hands in this transaction. The 7,245 Kinetik Class A shares were granted at a reported price of $0.00 per share, issued instead of a cash settlement for Stellato’s 2025 annual incentive award.
What is the nature of the Kinetik (KNTK) stock granted to Steven Stellato?
The award consists of fully vested shares of Kinetik Class A Common Stock. Because they are fully vested, Stellato does not need to satisfy future service or performance conditions for these 7,245 shares granted for his 2025 incentive.
How is Steven Stellato’s 2025 incentive paid according to the Kinetik (KNTK) filing?
The 2025 annual incentive earned by Steven Stellato is being settled in stock rather than cash. He received 7,245 fully vested Class A Common Stock shares of Kinetik Holdings as payment for that incentive, according to the Form 4 footnote.