Kinetik (KNTK) 10% Owner ISQ Global Fund II GP Sells 76,260 Shares

What Happened
ISQ Global Fund II GP LLC, reported as a 10% owner of Kinetik Holdings Inc. (KNTK), sold 76,260 KNTK shares on August 26, 2026. The weighted average price was $55.28 per share, for total proceeds of approximately $4,215,294. The filing reports the sale as multiple transactions at prices ranging from $55.00 to $55.77.

Key Details

• Transaction date: 2026-08-26; filing date: 2026-08-28 (appears timely).
• Reported price: weighted average $55.28; reported range $55.00–$55.77 (F1).
• Shares sold: 76,260; proceeds ≈ $4,215,294.
• Transaction code: S (sale).
• Shares owned after transaction: not specified in the provided excerpt.
• Ownership structure (F2): the securities are directly held by Buzzard Midstream LLC. ISQ Global Fund II GP is the general partner of the indirect owners and exercises voting/investment power. I Squared Capital, LLC is the sole member of Fund II GP; ISQ Holdings is the managing member. Two individuals (Sadek Wahba and Gautam Bhandari) are members of ISQ Holdings and disclaim beneficial ownership except for any pecuniary interest.
• Footnote F1: weighted average price disclosed; the reporting persons will provide a breakdown of shares sold at each price in the stated range upon request.

Context
This filing reflects an institutional sale by a major (10%) shareholder rather than a corporate officer or director. Sales by large institutional holders can be routine portfolio management or liquidity events and do not by themselves indicate company-specific insider sentiment. Purchases by insiders are generally more informative as bullish signals; this transaction is a disposition.