Kinetik Holdings Inc.·4

Mar 6, 6:24 PM ET

Stellato Steven 4

Research Summary

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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.