Kinetik (KNTK) EVP Matthew Wall Receives Stock Award

What Happened

• Matthew Wall, EVP and Chief Operating Officer of Kinetik Holdings Inc. (KNTK), received equity awards on August 7, 2026. The Form 4 reports a grant of 12,164 restricted stock units (RSUs) and 1,939 dividend-equivalent units tied to performance share units (PSUs). Both entries show $0.00 as the acquisition price because these were awards, not open-market purchases.

Key Details

• Transaction date: 2026-08-07; Filing date (Form 4): 2026-08-10 (timely).
• Reported amounts: 12,164 RSUs (grant) and 1,939 dividend-equivalent PSUs (derivative/credited dividend units).
• Price/value on Form 4: $0.00 for each award (standard for compensatory grants).
• Vesting/settlement: RSUs generally vest on July 31, 2028, subject to continued service, and settle one-for-one in Class A common stock. Dividend-equivalent units reflect the right to receive Class A shares when the underlying PSUs vest; dividend equivalents accrue during the PSU vesting period and are paid in shares on vesting.
• Post-transaction total shares beneficially owned: not specified in the provided excerpt.
• Transaction code: A = Award/Grant; second line is a derivative award (dividend equivalent).

Context

• This is a compensation grant, not a market purchase or sale, so it reflects pay/retention practices rather than direct trading intent. Dividend-equivalent units simply track dividends on PSUs and will convert to shares if and when the underlying awards vest. The filing appears timely under Section 16 rules.