Kinetik director awarded 3,102 deferred RSUs

ORDEMANN WILLIAM reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

ORDEMANN WILLIAM reported acquisition or exercise transactions in this Form 4 filing.

Kinetik Holdings Inc. director William Ordemann received an award of 3,102 shares of Class A common stock at no cost, in the form of fully vested restricted stock units (RSUs) settled one-for-one in shares. Settlement is deferred until the earlier of his service termination, a change-in-control as defined in the company’s 2019 Omnibus Compensation Plan, or January 1, 2027. While the RSUs remain outstanding, dividends are reinvested into additional RSUs, and the reported amount includes approximately 295 such RSUs. After this award, Ordemann directly holds 13,352 shares/RSUs.

Insider Trade Summary

Grant/Award: 3,102 shares

Grant/Award 1 txn

Insider ORDEMANN WILLIAM

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock, par value $0.001	3,102	$0.00	$0.00

Holdings After Transaction: Class A Common Stock, par value $0.001 — 13,352 shares (Direct)

Footnotes (3)

1. F1. Includes a fully vested award of restricted stock units ("RSUs") that may be settled only for shares of common stock on a one-for-one basis. Pursuant to the Reporting Person's election under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan"), settlement of such vested RSUs has been deferred until the earlier to occur of the following: (a) the termination of the Reporting Person's service relationship with the Company; (b) a change-in-control (as defined in the Plan) or (c) by January 1, 2027.
2. F2. While the RSUs remain outstanding, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be reinvested into additional RSUs based on the same amount at which dividends are reinvested pursuant to the Company's Dividend Reinvestment Plan, as amended from time to time (the "DRIP"). The additional RSUs will be immediately vested in full and pursuant to the Reporting Person's election under the Plan, will be settled at the same time as the initial RSUs subject to the award, as described in Note 1 above.
3. F3. Amount reported includes approximately 295 additional RSUs acquired by the Reporting Person since the date of the Reporting Person's last Form 5 in connection with the reinvestment of dividends described herein.

Key Figures

RSU award: 3,102 shares Total holdings after award: 13,352 shares/RSUs Dividend reinvestment RSUs: ≈295 RSUs +2 more

5 metrics

RSU award 3,102 shares Grant of Class A common stock RSUs to director

Total holdings after award 13,352 shares/RSUs Direct position following the Form 4 transaction

Dividend reinvestment RSUs ≈295 RSUs Additional RSUs acquired via dividend reinvestment since last Form 5

Transaction price $0.0000 per share Indicates compensation grant, not market purchase

Earliest settlement deadline January 1, 2027 Latest date for deferred RSU settlement under election

Key Terms

restricted stock units ("RSUs"), Amended and Restated 2019 Omnibus Compensation Plan, change-in-control, Dividend Reinvestment Plan, +1 more

5 terms

restricted stock units ("RSUs") financial

"Includes a fully vested award of restricted stock units ("RSUs") that may be settled only for shares of common stock"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Amended and Restated 2019 Omnibus Compensation Plan financial

"under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan"

change-in-control financial

"the earlier to occur of the following: (a) the termination of the Reporting Person's service relationship with the Company; (b) a change-in-control (as defined in the Plan)"

A change-in-control is a transaction or event that shifts who ultimately owns or runs a company—such as a sale, merger, or transfer of a majority of voting shares—and often triggers contractual protections, payoffs or rule changes. Investors care because it can instantly alter a company’s leadership, strategy, cash flows and the value or timing of stock payouts, much like handing a house’s keys to a new owner who may change the rules and distribute proceeds differently.

Dividend Reinvestment Plan financial

"based on the same amount at which dividends are reinvested pursuant to the Company's Dividend Reinvestment Plan"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

fully vested financial

"The additional RSUs will be immediately vested in full"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Kinetik Holdings (KNTK) report for William Ordemann?

William Ordemann received 3,102 Class A shares via an RSU award at no cost. The RSUs are fully vested and settle into common stock on a one-for-one basis under Kinetik’s 2019 Omnibus Compensation Plan, subject to specific deferred settlement conditions.

How and when will William Ordemann’s Kinetik (KNTK) RSUs be settled?

The RSUs will be settled in shares of Kinetik common stock on a deferred basis. Settlement occurs at the earlier of his service termination, a change-in-control as defined in the plan, or by January 1, 2027, reflecting a long-term compensation structure.

Does William Ordemann receive dividends on his Kinetik (KNTK) RSUs?

Cash dividends are not paid directly; they are reinvested into additional RSUs. An amount equal to dividends is converted into extra RSUs using the company’s Dividend Reinvestment Plan rate, and these additional RSUs are immediately vested and deferred for settlement on the same schedule.

How many Kinetik (KNTK) RSUs came from dividend reinvestment for William Ordemann?

The reported holdings include approximately 295 additional RSUs from dividend reinvestment. These RSUs were acquired since his last Form 5 filing, reflecting reinvested dividends under Kinetik’s Dividend Reinvestment Plan and are fully vested but deferred for settlement.

What is William Ordemann’s total reported Kinetik (KNTK) equity position after this Form 4?

After the reported award, William Ordemann holds 13,352 shares/RSUs of Kinetik Class A stock directly. This total includes the new 3,102-share RSU award and roughly 295 RSUs acquired through dividend reinvestment since his last Form 5.

Is the Kinetik (KNTK) Form 4 transaction a market purchase or sale by William Ordemann?

The transaction is a grant or award acquisition, not an open-market trade. It reflects compensation in the form of fully vested RSUs at a zero transaction price per share, rather than a discretionary buy or sell on the stock market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/20/2026 - 05:06 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ORDEMANN WILLIAM

(Last) (First) (Middle)

2700 POST OAK BLVD., SUITE 300

(Street)

HOUSTON TEXAS 77056

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Kinetik Holdings Inc. [ KNTK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.001	05/19/2026		A		3,102(1)(2)	A	$0	13,352(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes a fully vested award of restricted stock units ("RSUs") that may be settled only for shares of common stock on a one-for-one basis. Pursuant to the Reporting Person's election under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan"), settlement of such vested RSUs has been deferred until the earlier to occur of the following: (a) the termination of the Reporting Person's service relationship with the Company; (b) a change-in-control (as defined in the Plan) or (c) by January 1, 2027.

2. While the RSUs remain outstanding, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be reinvested into additional RSUs based on the same amount at which dividends are reinvested pursuant to the Company's Dividend Reinvestment Plan, as amended from time to time (the "DRIP"). The additional RSUs will be immediately vested in full and pursuant to the Reporting Person's election under the Plan, will be settled at the same time as the initial RSUs subject to the award, as described in Note 1 above.

3. Amount reported includes approximately 295 additional RSUs acquired by the Reporting Person since the date of the Reporting Person's last Form 5 in connection with the reinvestment of dividends described herein.

Remarks:

	By: /s/ Lindsay Ellis, Attorney-in-Fact	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)