Kinetik (KNTK) 10% Owner ISQ Global Fund II GP Sells 6,963 Shares

What Happened ISQ Global Fund II GP LLC, reported as a 10% owner of Kinetik Holdings Inc. (KNTK), sold 6,963 shares on August 21, 2026. The filing shows a weighted-average price of $55.17 per share, for total proceeds of approximately $384,117. The disposition was reported as sale(s) (Code S) and was executed in multiple transactions.

Key Details

• Transaction date: 2026-08-21. Weighted-average price reported: $55.17; individual trade prices ranged from $55.01 to $55.50 (footnote F1).
• Shares sold: 6,963; total proceeds ≈ $384,117.
• Shares owned after the transaction: not disclosed in this Form 4.
• Holding structure and disclaimers (footnote F2): the securities are directly held by Buzzard Midstream LLC. Fund II GP is the general partner of the indirect owners of Buzzard Midstream LLC; I Squared Capital, LLC is the sole member of Fund II GP; ISQ Holdings, LLC is the managing member of I Squared Capital. Named individuals (Sadek Wahba and Gautam Bhandari) disclaim beneficial ownership except to the extent of any pecuniary interest.
• Footnote F1: the reported price is a weighted average; the reporting persons will provide, on request, the number of shares sold at each price within the stated range.

Context This filing reflects institutional selling by a 10% holder rather than trading by an individual executive. Sales by large shareholders can be routine portfolio management and do not, by themselves, indicate company-specific views. The Form 4 does not indicate a 10b5-1 plan, option exercise, gift, or tax-withholding event.