Kinetik Holdings (KNTK) CEO granted 23,016 RSUs in new stock award
Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) reported an equity award to its chief executive. On 01/02/2026, the CEO, President and Director received 23,016 shares of Class A Common Stock at a price of $0 through an award of restricted stock units (RSUs) under the Kinetik Holdings Inc. Amended and Restated 2019 Omnibus Compensation Plan. These RSUs will generally vest on January 1, 2027, subject to the executive's continued employment, and may be settled in Class A Common Stock on a one-for-one basis.
Following this award, the executive beneficially owns 3,710,807 shares of Class A Common Stock directly, 1,462 shares through a spouse's individual retirement account, and 1,772 shares through an individual 401(k) account.
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FAQ
What insider transaction did Kinetik Holdings Inc. (KNTK) report?
Kinetik Holdings Inc. reported that its CEO, President and Director received an award of 23,016 restricted stock units (RSUs) for Class A Common Stock on 01/02/2026.
How do the new RSUs for KNTK's CEO vest and settle?
The 23,016 RSUs generally vest on January 1, 2027, subject to continued employment, and may be settled only for shares of Class A Common Stock on a one-for-one basis.
What is the exercise or purchase price for the reported KNTK RSU award?
The reported 23,016 shares of Class A Common Stock associated with the RSU award were acquired at a price of $0, consistent with a stock-based compensation grant.
How many Kinetik Holdings Inc. (KNTK) shares does the reporting person now own directly?
After the reported transaction, the executive beneficially owns 3,710,807 shares of Kinetik Holdings Inc. Class A Common Stock directly.
What indirect KNTK share holdings are reported for the insider?
The filing states that the insider indirectly holds 1,462 shares of Class A Common Stock through a spouse's individual retirement account and 1,772 shares through an individual 401(k) account.
What role does the reporting person hold at Kinetik Holdings Inc. (KNTK)?
The reporting person serves as CEO, President and Director of Kinetik Holdings Inc., as noted in the remarks section.