Kinetik Holdings (NYSE: KNTK) officer sells 3,222 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kinetik Holdings Inc. officer Matthew Wall reported an open-market sale of 3,222 shares of Class A common stock on March 4, 2026 at an average price of $46.92 per share. According to the footnote, the sale was made to cover tax withholding obligations tied to vested shares from his 2025 annual incentive award. After this tax-related sale, Wall directly holds 585,556 shares of Kinetik Holdings Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,222 shares ($151,176)
Net Sell
1 txn
Insider
Wall Matthew
Role
See Remarks
Sold
3,222 shs ($151K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock, par value $0.001 | 3,222 | $46.92 | $151K |
Holdings After Transaction:
Class A Common Stock, par value $0.001 — 585,556 shares (Direct)
Footnotes (1)
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FAQ
What did Kinetik Holdings (KNTK) insider Matthew Wall report on this Form 4?
Matthew Wall reported selling 3,222 shares of Kinetik Holdings Class A common stock. The shares were sold in an open-market transaction to cover tax withholding obligations related to his 2025 annual incentive award that vested in shares.
Was the Kinetik Holdings (KNTK) Form 4 sale a routine tax withholding transaction?
Yes. The filing specifies that the 3,222 shares were sold to cover tax withholding for vested shares from the 2025 annual incentive award. Such transactions are typically administrative rather than discretionary investment decisions by the reporting person.