STOCK TITAN

Kinetik Holdings Inc. (NYSE: KNTK) insiders sell 264K shares near $50

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Form Type
4

Rhea-AI Filing Summary

Entities associated with Kinetik Holdings Inc. ten percent owners reported indirect sales of a total of 264,074 shares of Class A Common Stock between August 3 and 7, 2026. The shares were held by Buzzard Midstream LLC and sold in multiple transactions at weighted average prices around $50–$51 per share. ISQ Global Fund II GP LLC, I Squared Capital, ISQ Holdings, and members Sadek Wahba and Gautam Bhandari exercise voting and investment power through this structure and disclaim beneficial ownership except to the extent of any pecuniary interest.

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Insider ISQ Global Fund II GP LLC, I Squared Capital, LLC, ISQ Holdings, LLC, Wahba Sadek, Bhandari Gautam
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold 264,074 shs ($13.33M)
Type Security Shares Price Value
Sale Class A Common Stock F5, F2 26,550 $50.2424 $1.33M
Sale Class A Common Stock F3, F2 210,552 $50.4619 $10.62M
Sale Class A Common Stock F4, F2 24,797 $51.0219 $1.27M
Sale Class A Common Stock F1, F2 2,175 $50.0416 $109K
Holdings After Transaction: Class A Common Stock — 1,664,820 shares (Indirect, See Explanation of Responses)
Footnotes (5)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.1477, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. F2. The securities are directly held by Buzzard Midstream LLC. ISQ Global Fund II GP, LLC ("Fund II GP") is the general partner of the members of the indirect owners of Buzzard Midstream LLC and, in such capacity, exercises voting and investment power over the securities directly held by Buzzard Midstream LLC. I Squared Capital, LLC ("I Squared Capital") is the sole member of Fund II GP. ISQ Holdings, LLC ("ISQ Holdings") is the managing member of I Squared Capital. Each of Sadek Wahba and Gautam Bhandari is a member of ISQ Holdings and disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.995, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 to $51.16, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.43, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Total shares sold 264,074 shares Aggregate Kinetik Class A Common Stock sold indirectly between August 3–7, 2026
August 3, 2026 sale 2,175 shares at $50.0416 per share Indirect sale of Class A Common Stock with weighted average price; range $50.00–$50.1477
August 6, 2026 main sale 210,552 shares at $50.4619 per share Indirect sale of Class A Common Stock; trades within $50.00–$50.995 price range
August 6, 2026 additional sale 24,797 shares at $51.0219 per share Indirect sale of Class A Common Stock; trades within $51.00–$51.16 price range
August 7, 2026 sale 26,550 shares at $50.2424 per share Indirect sale of Class A Common Stock; trades within $50.00–$50.43 price range
Price ranges disclosed $50.00–$51.16 per share Overall span of weighted-average price ranges cited across all transactions
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"disclaims beneficial ownership over the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein"
voting and investment power financial
"exercises voting and investment power over the securities directly held by Buzzard Midstream LLC"
Class A Common Stock financial
"security_title shows Class A Common Stock as the security sold"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did KNTK report for early August 2026?

Entities linked to I Squared Capital reported selling 264,074 Kinetik Holdings Class A shares indirectly through Buzzard Midstream LLC. The sales occurred on August 3, August 6, and August 7, 2026 at several weighted average prices near $50–$51 per share.

How many KNTK shares were sold in each reported transaction?

Four indirect sales of Kinetik Class A stock were disclosed: 2,175 shares at $50.0416 on August 3, 210,552 shares at $50.4619 and 24,797 shares at $51.0219 on August 6, and 26,550 shares at $50.2424 on August 7, 2026.

Were the KNTK insider sales direct or indirect holdings?

All reported KNTK sales involved indirect holdings. The securities are directly held by Buzzard Midstream LLC, while ISQ Global Fund II GP LLC and related I Squared Capital entities exercise voting and investment power over those shares through their ownership structure.

What price ranges applied to the reported KNTK share sales?

The filing notes weighted average prices with ranges: $50.00–$50.1477, $50.00–$50.995, $51.00–$51.16, and $50.00–$50.43 per share, depending on the specific trade date, with details available upon request from the reporting persons.

Do the KNTK reporting persons claim full beneficial ownership of the sold shares?

No. The filing states Sadek Wahba and Gautam Bhandari each disclaim beneficial ownership of the securities reported, except to the extent of any pecuniary interest, reflecting their positions within the I Squared Capital ownership structure over Buzzard Midstream LLC.
SEC Form 4
FORM 4UNITED 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*
ISQ Global Fund II GP LLC

(Last)(First)(Middle)
600 BRICKELL AVENUE
PENTHOUSE

(Street)
MIAMI FLORIDA 33131-3067

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Kinetik Holdings Inc. [ KNTK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/03/2026S2,175D$50.0416(1)1,926,719ISee Explanation of Responses(2)
Class A Common Stock08/06/2026S210,552D$50.4619(3)1,716,167ISee Explanation of Responses(2)
Class A Common Stock08/06/2026S24,797D$51.0219(4)1,691,370ISee Explanation of Responses(2)
Class A Common Stock08/07/2026S26,550D$50.2424(5)1,664,820ISee Explanation of Responses(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
ISQ Global Fund II GP LLC

(Last)(First)(Middle)
600 BRICKELL AVENUE
PENTHOUSE

(Street)
MIAMI FLORIDA 33131-3067

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
I Squared Capital, LLC

(Last)(First)(Middle)
600 BRICKELL AVENUE
PENTHOUSE

(Street)
MIAMI FLORIDA 33131-3067

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
ISQ Holdings, LLC

(Last)(First)(Middle)
600 BRICKELL AVENUE
PENTHOUSE

(Street)
MIAMI FLORIDA 33131-3067

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Wahba Sadek

(Last)(First)(Middle)
600 BRICKELL AVENUE
PENTHOUSE

(Street)
MIAMI FLORIDA 33131-3067

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Bhandari Gautam

(Last)(First)(Middle)
600 BRICKELL AVENUE
PENTHOUSE

(Street)
MIAMI FLORIDA 33131-3067

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.1477, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. The securities are directly held by Buzzard Midstream LLC. ISQ Global Fund II GP, LLC ("Fund II GP") is the general partner of the members of the indirect owners of Buzzard Midstream LLC and, in such capacity, exercises voting and investment power over the securities directly held by Buzzard Midstream LLC. I Squared Capital, LLC ("I Squared Capital") is the sole member of Fund II GP. ISQ Holdings, LLC ("ISQ Holdings") is the managing member of I Squared Capital. Each of Sadek Wahba and Gautam Bhandari is a member of ISQ Holdings and disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.995, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 to $51.16, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.43, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
ISQ Global Fund II GP, LLC, By: /s/ Gautam Bhandari, Director08/07/2026
I Squared Capital, LLC, By: ISQ Holdings, LLC, its managing member, By: /s/ Gautam Bhandari, Manager08/07/2026
ISQ Holdings, LLC, By: /s/ Gautam Bhandari, Manager08/07/2026
/s/ Sadek Wahba08/07/2026
/s/ Gautam Bhandari08/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)