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.
Positive
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 255 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.001 | 3,020 | $0.00 | -- |
| Tax Withholding | Class A Common Stock, par value $0.001 | 2,260 | $36.05 | $81K |
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 255 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.
