STOCK TITAN

Kinetik (KNTK) officer receives new RSU and PSU equity awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 new equity awards on February 20, 2026. He was granted 13,005 Performance Share Units (PSUs), plus 631 additional PSUs credited as dividend equivalents, each representing a contingent right to one share of Class A common stock.

The PSUs can ultimately vest between 0% and 200% of the target amount based on continued service and the company’s annualized total shareholder return from January 1, 2026 through December 31, 2028. Wall also received 26,010 shares of Class A common stock through an RSU award that will generally vest on January 1, 2029, subject to continued service.

Positive

  • None.

Negative

  • None.
Insider Wall Matthew
Role See Remarks
Type Security Shares Price Value
Grant/Award Performance Share Units 13,005 $0.00 --
Grant/Award Performance Share Units 631 $0.00 --
Grant/Award Class A Common Stock, par value $0.001 26,010 $0.00 --
Holdings After Transaction: Performance Share Units — 31,671 shares (Direct); Class A Common Stock, par value $0.001 — 580,748 shares (Direct)
Footnotes (1)
  1. Includes an award of restricted stock units ("RSUs") granted to the Reporting Person under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan (the "Plan") that will generally vest on January 1, 2029, subject to the Reporting Person's continued service relationship with the Company through such date and may be settled only for shares of Class A Common Stock on a one-for-one basis. Represents an award of performance share units ("PSUs") representing a contingent right to receive one share of Class A Common Stock. Between 0% and 200% of the target number of PSUs granted, which were granted under the Plan, are eligible to vest based on continued service relationship with the Company and the Company's annualized total shareholder return over the period from January 1, 2026, through December 31, 2028. Reflects 631 dividend equivalent shares accrued on PSUs granted to the Reporting Person under the Plan and the Company'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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wall Matthew

(Last) (First) (Middle)
2700 POST OAK BLVD., SUITE 300

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Kinetik Holdings Inc. [ KNTK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $0.001 02/20/2026 A(1) 26,010 A $0 580,748(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units (2) 02/20/2026 A 13,005 (2) (2) Class A Common Stock, par value $0.001 31,671 $0 31,671 D
Performance Share Units (3) 02/20/2026 A 631 (3) (3) Class A Common Stock, par value $0.001 32,302 $0 32,302 D
Explanation of Responses:
1. Includes an award of restricted stock units ("RSUs") granted to the Reporting Person under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan (the "Plan") that will generally vest on January 1, 2029, subject to the Reporting Person's continued service relationship with the Company through such date and may be settled only for shares of Class A Common Stock on a one-for-one basis.
2. Represents an award of performance share units ("PSUs") representing a contingent right to receive one share of Class A Common Stock. Between 0% and 200% of the target number of PSUs granted, which were granted under the Plan, are eligible to vest based on continued service relationship with the Company and the Company's annualized total shareholder return over the period from January 1, 2026, through December 31, 2028.
3. Reflects 631 dividend equivalent shares accrued on PSUs granted to the Reporting Person under the Plan and the Company'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.
Remarks:
EVP, Chief Operating Officer
By: /s/ Lindsay Ellis, Attorney-in-Fact 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did Matthew Wall receive in Kinetik Holdings (KNTK) Form 4?

Matthew Wall received 13,005 Performance Share Units, 631 dividend-equivalent PSUs, and an RSU award for 26,010 shares of Class A common stock. These awards were granted as part of Kinetik’s Amended and Restated 2019 Omnibus Compensation Plan.

How do the performance share units granted to Matthew Wall at Kinetik (KNTK) vest?

The PSUs vest based on continued service and Kinetik’s annualized total shareholder return from January 1, 2026 through December 31, 2028. Between 0% and 200% of the target PSUs can vest, each settling into one share of Class A common stock.

What is the vesting schedule for Matthew Wall’s RSUs reported by Kinetik (KNTK)?

The RSU award to Matthew Wall will generally vest on January 1, 2029, subject to his continued service with Kinetik Holdings. Once vested, the RSUs may be settled only in shares of Class A common stock on a one-for-one basis under the company’s compensation plan.

What are the 631 dividend-equivalent PSUs reported for Kinetik (KNTK) officer Matthew Wall?

The 631 PSUs reflect dividend equivalent shares accrued on previously granted PSUs under Kinetik’s Dividend and Distribution Reinvestment Plan. These units track dividends during the vesting period and pay out in Class A common stock when the underlying PSUs vest and settle.

Does Matthew Wall’s Kinetik (KNTK) Form 4 show stock purchases or sales?

The Form 4 shows grant and award acquisitions of PSUs, dividend-equivalent PSUs, and RSUs that settle in stock. It does not report any open-market purchases or sales; all transactions are equity compensation awards under Kinetik’s omnibus compensation plan.

How many Kinetik (KNTK) Class A shares does Matthew Wall hold after the latest grant?

Following the reported RSU-related stock grant, Matthew Wall holds 580,748 shares of Class A common stock directly. This reflects his updated direct ownership after the 26,010-share award granted on February 20, 2026, under Kinetik’s 2019 omnibus plan.