Kinetik holders sell 360K shares in August trades
ISQ Global Fund II GP LLC and affiliated reporting persons, as ten percent owners of Kinetik Holdings Inc. (KNTK), reported indirect open‑market sales of 360,337 shares of Class A Common Stock from August 13–17, 2026.
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Rhea-AI Filing Summary
ISQ Global Fund II GP LLC and affiliated reporting persons, as ten percent owners of Kinetik Holdings Inc. (KNTK), reported indirect open‑market sales of 360,337 shares of Class A Common Stock from August 13–17, 2026. The shares are directly held by Buzzard Midstream LLC, over which the fund complex exercises voting and investment power. Prices were reported as weighted averages, with transaction prices and ranges between roughly $50.54 and $54.10 per share. Sadek Wahba and Gautam Bhandari are members of ISQ Holdings, LLC and each disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F7, F2 | 134,815 | $52.7825 | $7.12M |
| Sale | Class A Common Stock F8, F2 | 287 | $53.1115 | $15K |
| Sale | Class A Common Stock F4, F2 | 10,689 | $52.5592 | $562K |
| Sale | Class A Common Stock F5, F2 | 101,098 | $53.5723 | $5.42M |
| Sale | Class A Common Stock F6, F2 | 373 | $54.0939 | $20K |
| Sale | Class A Common Stock F1, F2 | 38,209 | $51.3848 | $1.96M |
| Sale | Class A Common Stock F3, F2 | 74,866 | $51.7068 | $3.87M |
Footnotes (8)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.5368 to $51.5362, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The securities are directly held by Buzzard Midstream LLC. ISQ Global Fund II GP, LLC ("Fund II GP") is the general partner of the members of the indirect owners of Buzzard Midstream LLC and, in such capacity, exercises voting and investment power over the securities directly held by Buzzard Midstream LLC. I Squared Capital, LLC ("I Squared Capital") is the sole member of Fund II GP. ISQ Holdings, LLC ("ISQ Holdings") is the managing member of I Squared Capital. Each of Sadek Wahba and Gautam Bhandari is a member of ISQ Holdings and disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.5369 to $51.91, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.0843 to $53.055, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.085 to $54.0803, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.0891 to $54.1024, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.1083 to $53.0576, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.1112 to $53.1383, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Key Terms
weighted average price financial
voting and investment power financial
pecuniary interest financial
ten percent owner regulatory
indirect ownership financial
FAQ
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Were the reported KNTK insider sales made under a Rule 10b5-1 trading plan?
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