Kinetik Holdings (NYSE: KNTK) executive logs RSU grant and tax share withholding
Rhea-AI Filing Summary
Kinetik Holdings Inc. reported insider equity compensation activity for its General Counsel, Chief Compliance Officer and Corporate Secretary. On 01/02/2026, the officer acquired 3,020 shares of Class A common stock at $0 as an award of restricted stock units that generally vest on January 1, 2027, subject to continued employment. On the same date, 2,260 shares were disposed of at $36.05, representing shares withheld by the company to cover tax obligations from earlier RSU vesting.
In addition, the officer acquired 255 performance share units as dividend equivalents, linked to a total of 3,773 shares of Class A common stock under outstanding performance share unit awards. Following these transactions, the officer directly beneficially owned 32,417 shares of Class A common stock and 3,773 performance share units.
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Insights
Routine equity awards and tax withholding for Kinetik executive.
The filing shows normal course equity compensation for a senior officer of Kinetik Holdings Inc. On 01/02/2026, the executive received 3,020 shares of Class A common stock at $0 via restricted stock units that generally vest on January 1, 2027, contingent on continued employment. This is typical for long-term incentive plans and aligns the officer’s interests with shareholders.
The disposal of 2,260 shares at $36.05 is explicitly described as shares withheld to satisfy tax liabilities from prior RSU vesting, rather than an open-market sale. The filing also records 255 performance share units credited as dividend equivalents, bringing total performance share units to 3,773. Overall, this appears to be standard executive compensation activity, with no clear indication of a change in strategic direction or financial condition.
FAQ
What insider transactions did Kinetik Holdings (KNTK) report on January 2, 2026?
Who is the reporting person in this Kinetik Holdings (KNTK) Form 4 filing?
How many Kinetik Holdings (KNTK) shares does the officer own after these transactions?
Why were 2,260 Kinetik Holdings (KNTK) shares disposed of in this filing?
What are the terms of the new restricted stock units granted by Kinetik Holdings (KNTK)?
What are the 255 performance share units related to Kinetik Holdings (KNTK) in this Form 4?