Kinetik Holdings (KNTK) CFO reports new stock awards and PSUs
Rhea-AI Filing Summary
Kinetik Holdings Inc. reported equity awards and related share activity for its SVP, Chief Financial Officer. On 01/02/2026, the officer received 3,236 shares of Class A common stock at a price of $0, increasing direct beneficial ownership to 225,287 shares. On the same date, 2,307 shares were withheld at $36.05 per share to cover tax obligations from previously granted restricted stock units.
The filing also shows activity in performance-based equity. The officer holds 8,537 performance share units, including 574 dividend equivalent units credited under the company’s compensation and dividend reinvestment plans. A new restricted stock unit award will generally vest on January 1, 2027, contingent on continued employment, and is settleable in Class A common stock on a one-for-one basis.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 574 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.001 | 3,236 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.001 | 2,307 | $36.05 | $83K |
Footnotes (1)
- Includes an award of restricted stock units ("RSUs") granted to the Reporting Person under the Kinetik Holding Inc. (the "Issuer") Amended and Restated 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan") that will generally vest on January 1, 2027, subject to the Reporting Person's continued employment through such date and may be settled only for shares of Class A Common Stock on a one-for-one basis. Shares withheld by the Issuer to satisfy the Reporting Person's tax liability that arose with a vesting event of RSUs granted on March 10, 2023 and May 9, 2025. Reflects 574 dividend equivalent shares accrued on PSUs granted to the Reporting Person under the Issuer's Plan and the Issuer's Dividend and Distribution Reinvestment Plan after the Reporting Person's immediately prior Form 4 filing. Each dividend equivalent unit reflects the right to receive Class A Common Stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding PSU. During the 2-year vesting period, the award will be credited with dividend equivalents that will be paid out in Class A Common Stock at the time the underlying units vest and shares are issued. The award and credited dividend will be payable on a one-to-one basis of Class A Common Stock for each vested PSU, including PSUs resulting from dividend equivalents.
FAQ
What insider equity transactions did Kinetik Holdings (KNTK) report in this filing?
The company reported that its SVP, Chief Financial Officer acquired 3,236 shares of Class A common stock at $0 and had 2,307 shares withheld at $36.05 to cover taxes related to vesting restricted stock units.
What new restricted stock units (RSUs) were granted in this Kinetik Holdings (KNTK) insider report?
The filing notes an RSU award that is included in the 3,236-share acquisition and will generally vest on January 1, 2027, subject to the officer’s continued employment, and may be settled in Class A common stock on a one-for-one basis.
What is the role of the reporting person in Kinetik Holdings (KNTK)?
The reporting person serves as Senior Vice President and Chief Financial Officer of Kinetik Holdings Inc.