STOCK TITAN

Kinetik Holdings (NYSE: KNTK) officer sells shares to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Kinetik Holdings Inc. officer Ellis Lindsay reported an open-market sale of Class A common stock. On March 4, 2026, Lindsay sold 1,260 shares at $46.92 per share and held 46,905 shares afterward, all reported as directly owned.

According to the filing, this sale was made to cover tax withholding obligations tied to vested shares received as an annual incentive award for the company’s 2025 fiscal year, meaning it reflects tax-related activity rather than a discretionary portfolio trade.

Positive

  • None.

Negative

  • None.
Insider Ellis Lindsay
Role See Remarks
Sold 1,260 shs ($59K)
Type Security Shares Price Value
Sale Class A Common Stock, par value $0.001 1,260 $46.92 $59K
Holdings After Transaction: Class A Common Stock, par value $0.001 — 46,905 shares (Direct)
Footnotes (1)
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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*
Ellis Lindsay

(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)
03/04/2026
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 03/04/2026 S(1) 1,260 D $46.92 46,905 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
Explanation of Responses:
1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the award of vested shares in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2025 fiscal year.
Remarks:
General Counsel, Chief Compliance Officer, and Corporate Secretary
By: /s/ Lindsay Ellis, Attorney-in-Fact 03/06/2026
** 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).
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 insider transaction did Kinetik Holdings (KNTK) report for Ellis Lindsay?

Kinetik Holdings reported that officer Ellis Lindsay sold 1,260 shares of Class A common stock on March 4, 2026, at $46.92 per share, leaving him with 46,905 shares of directly owned stock after the transaction.

Why did Ellis Lindsay sell Kinetik Holdings (KNTK) shares in this Form 4?

The Form 4 states the sale was made to cover tax withholding obligations related to vested shares. These shares were received as part of Lindsay’s annual incentive award for the company’s 2025 fiscal year, instead of receiving that incentive in cash.

How many Kinetik Holdings (KNTK) shares did Ellis Lindsay own after the reported sale?

After selling 1,260 shares of Kinetik Holdings Class A common stock, Ellis Lindsay held 46,905 shares directly. This post-transaction holding amount is explicitly disclosed in the Form 4 as his total directly owned shares following the sale.

Was the Ellis Lindsay Kinetik (KNTK) share sale an open-market transaction?

Yes. The Form 4 identifies the transaction as an open-market sale of Kinetik Holdings Class A common stock. The filing uses transaction code S, described as a sale in an open market or private transaction, at a reported price of $46.92 per share.

What type of compensation triggered the Kinetik (KNTK) share sale for Ellis Lindsay?

The sale is tied to an annual incentive award for the 2025 fiscal year. Instead of receiving this incentive in cash, Ellis Lindsay received vested shares, and a portion of those shares was sold to satisfy associated tax withholding requirements.

Does the Kinetik (KNTK) Form 4 suggest Ellis Lindsay changed his investment position?

The Form 4 describes the sale as being solely to cover tax withholding on vested incentive shares. This indicates the transaction was driven by tax obligations associated with compensation, rather than a disclosed change in Ellis Lindsay’s broader investment stance toward Kinetik Holdings.