Kinetik Holdings (KNTK) director updates RSU and DSU holdings in Form 4

Rhea-AI Filing Summary

Kinetik Holdings Inc.01/02/2026, the reporting director acquired 4,171 Restricted Stock Units (RSUs) of Class A common stock at $0, bringing total beneficial ownership of Class A common stock to 23,210 shares. These RSUs generally vest on January 1, 2027 and are settled one-for-one in Class A common stock, subject to continued service.

The filing also reports 296 deferred stock units (DSUs) acquired on 01/02/2026, tied to dividend reinvestment on prior DSU grants made in lieu of director cash compensation, at a price of $0. After this transaction, the director holds 7,698 DSUs, each representing a contingent right to cash equal to the value of one share of Class A common stock, with settlement generally deferred until service termination or a change in control.

01/06/2026 - 05:21 PM

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

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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^*

Byers Deborah L

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		A		4,171(1)	A	$0	23,210(2)	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
Deferred Stock Units	(3)(4)	01/02/2026		A		296		(3)(4)	(3)(4)	Class A Common Stock	296	$0	7,698	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, as amended from time to time (the "Plan") that will generally vest on January 1, 2027, 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. Includes additional 626 RSUs acquired by the Reporting Person under the Plan. Pursuant to the Reporting Person's election under the Plan, settlement of such vested RSUs has been deferred to the earlier to occur of the following: (a) the termination of the Reporting Person's service relationship with the Company or (b) change in control. While the RSUs remain outstanding, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be reinvested into additional RSUs based on the same amount at which dividends are reinvested pursuant to the Company's Dividend Reinvestment Plan, as amended from time to time (the "DRIP"). The additional RSUs will be immediately vested in full and pursuant to the Reporting Person's election under the Plan, will be settled at the same time as the initial RSUs subject to the award.

3. The Reporting Person received a grant of deferred stock units ("DSUs") in lieu of director cash compensation. Once vested, each DSU represents a contingent right to receive an amount in cash equal to the value of one share of the Company's Class A Common Stock. 1,091 DSUs vested on April 1, 2023, 1,091 DSUs vested on July 1, 2023, 1,090 vested on October 1, 2023 and 1,091 DSUs vested on January 1, 2024. Pursuant to the Reporting Person's election under the Plan, settlement of vested DSUs has been deferred until the earlier to occur of the following: (a) the termination of the Reporting Person's service relationship with the Company or (b) change in control.

4. While the DSUs remain outstanding, an amount equal to the dividends that would have been paid on the DSUs had they been in the form of Common Stock will be reinvested into additional DSUs based on the same amount at which dividends are reinvested pursuant to the DRIP. The additional DSUs are subject to the same vesting schedule described above for the initial DSUs meaning that such additional DSUs are immediately vested as the initial DSUs have already fully vested and pursuant to the Reporting Person's election under the Plan, such vested additional DSUs will be settled at the same time as the initial DSUs subject to the award. Amount reported includes 296 additional DSUs acquired by Ms. Byers since the date of Ms. Byers's last Form 4 in connection with the reinvestment of dividends described herein.

Remarks:

	By: /s/ Lindsay Ellis, Attorney-in-Fact	01/06/2026
	** 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).
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FAQ

What did Kinetik Holdings Inc. (KNTK) disclose in this Form 4?

The filing discloses that a director of Kinetik Holdings Inc. received equity-based compensation on 01/02/2026, including new RSUs and additional DSUs linked to prior awards.

How many Kinetik Holdings (KNTK) RSUs were granted to the director?

The director received 4,171 RSUs of Class A common stock at a price of $0, which generally vest on January 1, 2027, subject to continued service.

What is the director’s beneficial ownership of Kinetik Holdings Class A common stock after the reported RSU grant?

Following the reported RSU transaction, the director beneficially owns 23,210 shares of Kinetik Holdings Class A common stock.

What deferred stock units (DSUs) did the Kinetik Holdings (KNTK) director report?

The director reported acquiring 296 DSUs on 01/02/2026 at $0, related to dividend reinvestment on existing DSUs, and now holds 7,698 DSUs in total.

How do Kinetik Holdings RSUs and DSUs for the director vest and settle?

The RSUs generally vest on January 1, 2027 and are settled in Class A common stock on a one-for-one basis, while the DSUs represent a right to receive cash equal to one share’s value, with settlement deferred until termination of service or a change in control.

Are dividends on Kinetik Holdings (KNTK) RSUs and DSUs reinvested for this director?

Yes. While RSUs and DSUs remain outstanding, amounts equal to dividends are reinvested into additional RSUs or DSUs based on the Company’s Dividend Reinvestment Plan, and those additional units follow the same settlement timing as the original awards.