Byers Deborah L 4
4 · Kinetik Holdings Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Kinetik (KNTK) Director Deborah Byers Receives RSU and DSU Awards
What Happened
Deborah L. Byers, a director of Kinetik Holdings, reported receiving a total of 3,596 award units on 2026-05-19: 3,102 RSUs, 206 RSUs, and 288 DSUs (derivative). All awards show an acquisition price of $0.00, meaning these were grants/awards rather than open‑market purchases or sales. The RSUs can be settled one-for-one into common stock; the DSUs represent a contingent right to receive a cash amount equal to the value of one share when settled.
Key Details
- Transaction date: 2026-05-19; Form 4 filed 2026-05-20 (timely filing).
- Reported units: 3,102 RSUs, 206 RSUs (one award generally vests Jan 1, 2027 per filing), and 288 DSUs (derivative). All reported at $0.00 per unit.
- Shares owned after transaction: not specified in the filing.
- Notable footnotes:
- RSUs are fully or partially vested but settlement has been deferred by the reporting person until termination of service or a change in control (F1, F4).
- Dividends that would have been paid are reinvested into additional RSUs/DSUs (DRIP); the filing notes ~610 additional RSUs and ~288 additional DSUs were acquired via dividend reinvestment since the last Form 4 (F2–F3, F6).
- DSUs, once settled, pay cash equal to the value of one share (F5).
Context
These are awards and dividend‑reinvestment accruals (not open‑market buys or sales). Deferred settlement terms and dividend reinvestment mean the reported units may convert to shares or cash at a later date (termination or change in control), so this filing documents compensation/deferral activity rather than an immediate change in open‑market ownership.
Insider Transaction Report
Form 4
Byers Deborah L
Director
Transactions
- Award
Class A Common Stock
[F1][F2][F3]2026-05-19+3,102→ 26,922 total - Award
Class A Common Stock
[F1][F2][F4]2026-05-19+206→ 27,128 total - Award
Deferred Stock Units
[F5][F6]2026-05-19+288→ 7,986 total→ Class A Common Stock (288 underlying)
Footnotes (6)
- [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") Amended and Restated 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) 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.
- [F3]Amount reported includes approximately 610 additional RSUs acquired by the Reporting Person since the date of the Reporting Person's last Form 4 in connection with the reinvestment of dividends described herein.
- [F4]Includes an award of RSUs granted to the Reporting Person under the Company's Plan that will generally vest on January 1, 2027, subject to the Reporting Person's continued service relationship with the Company through such date and may be settled only for shares of common stock on a one-for-one basis.
- [F5]The Reporting Person received a grant of deferred stock units ("DSUs") in lieu of director cash compensation. Once vested, each DSU represents a contingent right to receive an amount in cash equal to the value of one share of the Company's Class A Common Stock. 1,091 DSUs vested on April 1, 2023, 1,091 DSUs vested on July 1, 2023, 1,090 vested on October 1, 2023 and 1,091 DSUs vested on January 1, 2024. Pursuant to the Reporting Person's election under the Plan, settlement of vested DSUs 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) change in control.
- [F6]While the DSUs remain outstanding, an amount equal to the dividends that would have been paid on the DSUs had they been in the form of common stock will be reinvested into additional DSUs based on the same amount at which dividends are reinvested pursuant to the DRIP. The additional DSUs are subject to the same vesting schedule described above for the initial DSUs meaning that such additional DSUs are immediately vested as the initial DSUs have already fully vested and pursuant to the Reporting Person's election under the Plan, such vested additional DSUs will be settled at the same time as the initial DSUs subject to the award. Amount reported includes approximately 288 additional DSUs acquired by the Reporting Person since the date of the Reporting Person's last Form 4 in connection with the reinvestment of dividends described herein.
Signature
By: /s/ Lindsay Ellis, Attorney-in-Fact|2026-05-20