Harris Craig 4

4 · Kinetik Holdings Inc. · Filed Jun 25, 2026

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Updated Jun 25, 2026

Kinetik (KNTK) Director Craig Harris Receives RSU Award

What Happened

Craig Harris, a director of Kinetik Holdings Inc. (KNTK), was granted/acquired 1,755 restricted stock units (RSUs) on 2026-06-24. The Form 4 reports an acquisition price of $0 (transaction code A) and $0 total reported value because these are RSU awards rather than a cash purchase.
These RSUs are fully vested but, per the reporting person’s election, settlement is deferred and will be converted one-for-one into common shares only upon the earlier of the director’s termination of service or a change-in-control of the company.

Key Details

Transaction date: 2026-06-24; Form 4 filed 2026-06-25 (timely filing).
Transaction type/code: A — Award/Grant of RSUs; acquisition price reported $0.
Number of RSUs granted: 1,755.
Shares owned following the transaction: not specified in the filing.
Footnote F1: RSUs are fully vested but settlement is deferred until termination of service or a change-in-control; conversion is one-for-one into common stock.
Footnote F2: Dividend equivalents will be reinvested into additional RSUs (vest immediately) and those additional RSUs will be settled at the same deferred time as the original award.
No 10b5-1 plan, tax-withholding sale, or immediate open-market sale reported.

Context

RSUs represent a future right to receive shares and are common compensation for executives/directors; they are not an immediate cash purchase or sale. Because settlement is deferred, these units do not currently increase the director’s freely tradable share count until the triggering event occurs.
The economic value realized will depend on Kinetik’s share price at the time of settlement; the Form 4 reports $0 acquisition price because RSUs are issued as awards rather than bought.

Form 4

Period: 2026-06-24

Director

Transactions

Award
Class A Common Stock, par value $0.001
[F1][F2]
2026-06-24+1,755→ 1,755 total

Footnotes (2)

[F1]Includes a fully vested award of restricted stock units ("RSUs") that may be settled only for shares of common stock on a one-for-one basis. Pursuant to the Reporting Person's election under the Kinetik Holdings Inc. (the "Company") 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan"), settlement of such vested RSUs has been deferred until the earlier to occur of the following: (a) the termination of the Reporting Person's service relationship with the Company or (b) a change-in-control (as defined in the Plan).
[F2]While the RSUs remain outstanding, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be reinvested into additional RSUs based on the same amount at which dividends are reinvested pursuant to the Company's Dividend Reinvestment Plan, as amended from time to time (the "DRIP"). The additional RSUs will be immediately vested in full and, pursuant to the Reporting Person's election under the Plan, will be settled at the same time as the initial RSUs subject to the award, as described in Note 1 above.

Signature

/s/ Lindsay Ellis, Attorney-In-Fact|2026-06-25

1 file