Ellis Lindsay 4

What Happened
Ellis Lindsay, General Counsel, Chief Compliance Officer, and Corporate Secretary of Kinetik Holdings Inc. (KNTK), sold 1,260 shares on March 4, 2026, at $46.92 per share, receiving $59,119. This was a sale (not a purchase) and was done to satisfy tax withholding obligations tied to vested shares issued in lieu of cash for the 2025 annual incentive award.

Key Details

• Transaction date and price: March 4, 2026 — 1,260 shares sold at $46.92 each. Total proceeds reported: $59,119.
• Reason/footnote: Sale to cover tax withholding on vested-share settlement (footnote F1).
• Shares owned after transaction: Not specified in the provided excerpt; see the filed Form 4 for current holdings.
• Filing date and timeliness: Form 4 filed March 6, 2026 — appears to be filed within the standard reporting window.
• Transaction code: S (sale); footnote indicates tax-withholding sale (F).

Context
This was a withholding-related sale tied to an award settlement rather than an independent market-timed disposition. Such sales to cover taxes are common and are not a direct indicator of the insider’s view on the company’s stock.