Byers Deborah L 4

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.