Kinetik (NYSE: KNTK) officer receives 8,030-share stock award as 2025 incentive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wall Matthew reported acquisition or exercise transactions in this Form 4 filing.
Kinetik Holdings Inc. reported that officer Matthew Wall received an award of 8,030 shares of Class A common stock. These fully vested shares were granted at no cash cost in lieu of the annual incentive award he earned for the 2025 fiscal year, bringing his direct holdings to 588,778 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wall Matthew
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 | 8,030 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 — 588,778 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Kinetik Holdings (KNTK) report for Matthew Wall?
Kinetik Holdings reported that officer Matthew Wall received 8,030 fully vested Class A common shares. The shares were granted at no cash cost as part of his 2025 annual incentive award, increasing his direct ownership to 588,778 shares of Kinetik Holdings common stock.
Was the KNTK insider award to Matthew Wall a stock purchase or grant?
The KNTK transaction was a stock grant, not an open-market purchase. Matthew Wall received 8,030 fully vested Class A common shares as a grant in lieu of cash for his earned 2025 annual incentive award, at a stated price of $0.0000 per share.
Is the KNTK insider transaction for Matthew Wall classified as an acquisition or sale?
The transaction is classified as an acquisition. The Form 4 uses code “A” for a grant, award, or other acquisition and indicates Matthew Wall acquired 8,030 fully vested Class A common shares as incentive compensation for the 2025 fiscal year, held directly afterward.