Kinetik (NYSE: KNTK) insider sale leaves 918,824 shares
Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) had a Form 4 filed by entities affiliated with I Squared Capital reporting an indirect sale of Class A Common Stock. On 2026-08-21, Buzzard Midstream LLC sold 6,963 shares at a weighted average price of $55.1654 per share, with individual trades ranging from $55.01 to $55.50. After this transaction, Buzzard Midstream LLC continued to hold 918,824 shares indirectly reported by the filing group. The securities are directly held by Buzzard Midstream LLC; ISQ Global Fund II GP LLC, I Squared Capital, LLC, ISQ Holdings, LLC, and individuals Sadek Wahba and Gautam Bhandari are upstream owners, and each of Wahba and Bhandari disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 6,963 | $55.1654 | $384K |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.01 to $55.50, 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.
Key Figures
Key Terms
weighted average price financial
indirect owners financial
pecuniary interest financial
FAQ
What insider transaction did KNTK report in this Form 4?
Who are the reporting persons in the KNTK Form 4 filing?
Was this KNTK insider sale made under a Rule 10b5-1 trading plan?
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