[Form 4] Kinetik Holdings Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kinetik Holdings Inc. officer Steven Stellato reported an open-market sale of 2,907 shares of Class A Common Stock at $46.92 per share. After this transaction, he directly holds 393,382 shares.
According to the footnote, this sale was made to cover tax withholding obligations arising from vested shares issued as the annual incentive award for the company’s 2025 fiscal year, meaning it was driven by tax requirements rather than a discretionary portfolio decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,907 shares ($136,396)
Net Sell
1 txn
Insider
Stellato Steven
Role
See Remarks
Sold
2,907 shs ($136K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock, par value $0.001 | 2,907 | $46.92 | $136K |
Holdings After Transaction:
Class A Common Stock, par value $0.001 — 393,382 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Kinetik Holdings (KNTK) report?
Kinetik Holdings reported that officer Steven Stellato sold 2,907 shares of Class A Common Stock at $46.92 per share. The transaction was an open-market sale disclosed on a Form 4 insider trading report.
Was the Kinetik Holdings (KNTK) insider sale a discretionary trade?
The transaction was described as shares sold to cover tax withholding obligations from vested incentive shares. This suggests the sale was primarily tax-driven rather than a discretionary decision to change his investment exposure.