ORDEMANN WILLIAM 4
4 · Kinetik Holdings Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Kinetik (KNTK) Director William Ordemann Receives 3,102 RSUs
What Happened
- William Ordemann, a Director of Kinetik Holdings, was granted/acquired 3,102 restricted stock units (RSUs) on 2026-05-19. The reported acquisition price is $0 (typical for RSU awards). The reported amount includes approximately 295 additional RSUs received through dividend reinvestment since the Reporting Person's last Form 5.
- These RSUs are fully vested but, per the director’s election under Kinetik’s Amended and Restated 2019 Omnibus Compensation Plan, settlement is deferred until the earlier of (a) termination of service, (b) a change-in-control, or (c) January 1, 2027.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-20 (filed promptly the next day).
- Transaction type/code: Award/Acquisition (A).
- Shares/units: 3,102 RSUs reported; reported acquisition price: $0.
- Includes ~295 additional RSUs from dividend reinvestment since last Form 5 (footnote).
- While outstanding, dividend equivalents are reinvested into additional RSUs that vest immediately and will be settled with the original award.
- Shares owned after the transaction are not specified in the provided summary.
Context
- RSUs are a deferred-equity award (not the same as an open-market purchase). They convert one-for-one into common stock only upon settlement; this award therefore does not represent an immediate buy or sale of common shares.
- Because the award is deferred and not a market purchase, it should be viewed as compensation/retention-related rather than a direct insider signal of buying or selling intent.
Insider Transaction Report
Form 4
ORDEMANN WILLIAM
Director
Transactions
- Award
Class A Common Stock, par value $0.001
[F1][F2][F3]2026-05-19+3,102→ 13,352 total
Footnotes (3)
- [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; (b) a change-in-control (as defined in the Plan) or (c) by January 1, 2027.
- [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 295 additional RSUs acquired by the Reporting Person since the date of the Reporting Person's last Form 5 in connection with the reinvestment of dividends described herein.
Signature
By: /s/ Lindsay Ellis, Attorney-in-Fact|2026-05-20