Kinetik awards stock units to General Counsel
Kinetik Holdings Inc. reported equity awards to officer Ellis Lindsay, General Counsel, Chief Compliance Officer and Secretary.
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Rhea-AI Filing Summary
Kinetik Holdings Inc. reported equity awards to officer Ellis Lindsay, General Counsel, Chief Compliance Officer and Secretary. Lindsay received 9,731 restricted stock units under the company’s Amended and Restated 2019 Omnibus Compensation Plan, generally vesting on July 31, 2028 and settling one-for-one in Class A common stock if service continues through that date.
In addition, Lindsay acquired 578 dividend-equivalent performance share units credited under the company’s compensation and Dividend and Distribution Reinvestment Plan. After these awards, Lindsay holds 56,636 shares of Class A common stock directly and 9,818 performance share units, all potentially deliverable in Class A common stock upon vesting and settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F2 | 578 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock, par value $0.001 F1 | 9,731 | $0.00 | $0.00 |
Footnotes (2)
- F1. Includes an award of restricted stock units 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 July 31, 2028, 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.
- F2. Reflects 578 dividend equivalent shares accrued on performance share units ("PSU") granted to the Reporting Person under the Company's 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.
Key Figures
Key Terms
restricted stock units financial
dividend equivalent financial
Amended and Restated 2019 Omnibus Compensation Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Ellis Lindsay receive from KNTK on August 7, 2026?
When do Ellis Lindsay’s newly granted KNTK restricted stock units vest?
Were Ellis Lindsay’s KNTK equity awards part of a Rule 10b5-1 trading plan?
Do Ellis Lindsay’s newly reported KNTK awards involve any cash transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.