Kinetik (KNTK) 10% Owner ISQ Global Fund II GP Sells Shares

What Happened

• ISQ Global Fund II GP LLC (reported as a 10% owner) sold a total of 310,691 shares of Kinetik Holdings Inc. (KNTK) in open-market transactions across Aug 10–12, 2026. The individual trades reported: 40,527 shares @ $50.59 ($2,050,156); 37,947 @ $51.17 ($1,941,718); 57,140 @ $51.51 ($2,943,299); 90,376 @ $52.36 ($4,731,988); and 84,701 @ $51.52 ($4,363,618). Total proceeds reported are approximately $16.03 million. These were disposals (sales), not purchases.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-08-10: 40,527 @ $50.59 and 37,947 @ $51.17
  • 2026-08-11: 57,140 @ $51.51 and 90,376 @ $52.36
  • 2026-08-12: 84,701 @ $51.52
• Total shares sold: 310,691; approximate total proceeds: $16,030,779.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnotes:
  • F2 explains the securities are directly held by Buzzard Midstream LLC and describes the ownership chain (Fund II GP is the general partner; I Squared Capital, ISQ Holdings, and named members disclaim beneficial ownership except for pecuniary interest).
  • F1, F3–F6 note the reported prices are weighted averages; each block of shares was sold in multiple transactions at prices within specified ranges (e.g., $50.00–$50.9997, $51.00–$51.3192, etc.).
• Filing timing: Report lists transactions dated Aug 10–12 and was filed Aug 12, 2026 — appears timely (no late-filing flag shown).
• No 10b5-1 plan, option exercise, award, or tax-withholding event is indicated in the provided filing excerpt.

Context

• This filing reflects institutional selling by a reported 10% owner (an investment fund/general partner structure), not an individual executive. Institutional disposals can be for many reasons (portfolio rebalancing, liquidity needs) and do not necessarily signal management views on the company’s near-term prospects.