Kinetik (NYSE: KNTK) director sells shares outside 10b5-1 plan
Rhea-AI Filing Summary
Kinetik Holdings Inc. (KNTK) director Laura A. Sugg reported selling 61,180 shares of Class A Common Stock on 2026-08-14 in a sale coded as an open market or private transaction at $52.25 per share. Following this transaction, she directly holds 20,910 shares of Kinetik Holdings Inc. common stock.
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Insights
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Insider Trade Summary
Net Seller: 61,180 shares
Net Sell
1 txn
Insider
SUGG LAURA A
Role
Director
Sold
61,180 shs ($3.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 61,180 | $52.25 | $3.20M |
Holdings After Transaction:
Class A Common Stock — 20,910 shares (Direct)
Footnotes (2)
- F1. Represents shares of Class A Common Stock ("Common Stock") sold by the Reporting Person.
- F2. The price reported in Column 4 is the price. The shares of Common Stock were sold in multiple transactions for $52.25. The Reporting Person undertakes to provide Kinetik Holdings Inc. (the "Company"), any security holder of the Company, 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
Shares sold: 61,180 shares
Sale price per share: $52.25
Shares owned after transaction: 20,910 shares
+1 more
4 metrics
Shares sold
61,180 shares
Class A Common Stock sold by Laura A. Sugg on 2026-08-14
Sale price per share
$52.25
Price for KNTK Class A Common Stock in reported sale transactions
Shares owned after transaction
20,910 shares
Direct holdings of Laura A. Sugg following the sale
Net shares sold
61,180 shares
Net-sell activity in this Form 4 transaction summary
Key Terms
Class A Common Stock, open market or private transaction, Reporting Person
3 terms
Class A Common Stock financial
"Represents shares of Class A Common Stock ("Common Stock") sold"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Reporting Person financial
"Represents shares of Common Stock sold by the Reporting Person"
FAQ
What insider transaction did KNTK director Laura A. Sugg report?
Laura A. Sugg reported selling 61,180 shares of Kinetik Holdings Inc. (KNTK) Class A Common Stock. The transaction occurred on 2026-08-14 and was reported as a sale in an open market or private transaction at $52.25 per share.
Was Laura A. Sugg’s KNTK stock sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the transaction is not reported as made pursuant to a Rule 10b5-1 trading plan. The filing does not describe any pre-arranged trading plan for this sale.
What type of security did Laura A. Sugg trade in this KNTK Form 4?
The reported transaction involved Class A Common Stock of Kinetik Holdings Inc. (KNTK). It was a non-derivative transaction, meaning it related directly to common shares rather than options, warrants, or other derivative securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.