Form 4: Kinetik Holdings Director Buys 5,000 Shares

Kinetik Holdings Inc. Director and Officer Jamie Welch purchased 5,000 shares of Class A Common Stock and acquired 3,378 dividend equivalent Performance Share Units.

Summary

• Jamie Welch, a Director and Officer of Kinetik Holdings Inc. (KNTK), acquired 5,000 shares of Class A Common Stock on October 2, 2025, at a weighted average price of $39.13 per share.
• Individual transaction prices for the Class A Common Stock ranged from $39.12 to $35.15.
• Following this transaction, Jamie Welch directly beneficially owns 3,676,399 shares of Class A Common Stock, which includes 1,839 shares acquired through the Issuer's Dividend and Distribution Reinvestment Plan not previously reported.
• Additionally, on October 2, 2025, Jamie Welch acquired 3,378 dividend equivalent shares related to Performance Share Units (PSUs) under the Issuer's Plan and Dividend and Distribution Reinvestment Plan.
• These dividend equivalent units reflect the right to receive Class A Common Stock, subject to the vesting and settlement terms of the corresponding PSUs.
• The award and credited dividends will be payable on a one-to-one basis of Class A Common Stock for each vested PSU, including those from dividend equivalents, after a 2-year vesting period.
• Jamie Welch directly beneficially owns 103,152 Performance Share Units following this acquisition.

Sentiment

Score: 8

Explanation: The insider purchase of common stock and acquisition of additional performance share units by a Director and Officer indicates strong confidence in the company's future, which is a significant positive signal for investors.

Positives

• A Director and Officer, Jamie Welch, purchased 5,000 shares of the company's Class A Common Stock, signaling confidence in the company's future prospects.
• The acquisition of 3,378 dividend equivalent shares on Performance Share Units further increases the insider's potential future equity stake, aligning management interests with shareholders.

Future Outlook

The Performance Share Units (PSUs) and their accrued dividend equivalents are subject to a 2-year vesting period, after which they will be paid out in Class A Common Stock on a one-to-one basis.

Industry Context

This Form 4 filing details an insider transaction, which is a company-specific event and does not directly reflect broader industry trends. However, insider buying can be interpreted by the market as a signal of management's confidence in the company's future performance relative to its industry peers.

Stakeholder Impact

• Shareholders: The insider purchase by a Director and Officer may instill greater confidence among existing and potential shareholders, suggesting management believes the stock is undervalued or has significant upside potential.
• Employees: While not directly impacted, a confident management team can positively influence employee morale and strategic direction.

Next Steps

• The Performance Share Units (PSUs) and their dividend equivalents will vest over a 2-year period, after which they will be converted into Class A Common Stock.

Key Dates

Recommendation

The purchase of 5,000 shares of Class A Common Stock by a Director and Officer, Jamie Welch, at a weighted average price of $39.13, coupled with the acquisition of additional dividend equivalent Performance Share Units, represents a strong vote of confidence from an insider. Insider buying is often interpreted by seasoned investors as a positive indicator, suggesting that those with the most intimate knowledge of the company believe its stock is a good investment. This action aligns management's interests more closely with shareholders and signals potential future upside.

Keywords

Kinetik Holdings, KNTK, insider trading, stock purchase, director, officer, Jamie Welch, equity acquisition, beneficial ownership, Performance Share Units, Form 4