Stellato Steven 4
4 · Kinetik Holdings Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Kinetik (KNTK) EVP Steven Stellato Sells 2,907 Shares
What Happened
Steven Stellato, EVP, Chief Accounting Officer and Administrative Officer of Kinetik Holdings Inc., reported a sale of 2,907 shares on 2026-03-04 at $46.92 per share, yielding $136,396. The Form 4 lists the transaction as a sale (S) and the filing notes the shares were sold to cover tax withholding tied to vested shares issued in lieu of the 2025 annual incentive cash award.
Key Details
- Transaction date and price: 2026-03-04, 2,907 shares sold at $46.92 each (total $136,396).
- Reported reason (footnote F1): Sale made to satisfy tax withholding obligations related to vested shares issued instead of a cash incentive for fiscal 2025.
- Transaction type/code: Sale (S); reported as open market or private sale.
- Filing date and timeliness: Form 4 filed 2026-03-06 (timely filing under Form 4 rules).
- Shares owned after transaction: Not specified in the provided filing details.
Context
This was a routine, administrative sale to cover tax withholding on an equity award, not an outright discretionary divestiture for liquidity or diversification. Such tax-related sales are common following vesting and generally carry less informational weight about the insider’s view of company prospects than voluntary open-market purchases.
Insider Transaction Report
- Sale
Class A Common Stock, par value $0.001
[F1]2026-03-04$46.92/sh−2,907$136,396→ 393,382 total
Footnotes (1)
- [F1]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the award of vested shares in lieu of cash settlement of the annual incentive award earned by the Reporting Person for the 2025 fiscal year.