Form 4: Kinetik Holdings Director Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director William Ordemann reports acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) in Kinetik Holdings Inc.

Summary

  • On May 19, 2025, William Ordemann, a director of Kinetik Holdings Inc., reported changes in beneficial ownership.
  • He acquired 3,388 Class A Common Stock units at $0, and disposed of 2,090 Class A Common Stock units at $0.
  • Following these transactions, Ordemann directly owns 7,434 Class A Common Stock units and 9,653 RSUs.
  • The RSUs are subject to deferred settlement until the earlier of termination of service, change-in-control, or January 1, 2027.
  • Dividends on the RSUs are reinvested into additional RSUs, which are immediately vested and settled at the same time as the initial RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's financial performance or future prospects.

Industry Context

This filing is a routine disclosure related to insider trading and is a standard practice for publicly traded companies. It provides transparency into the transactions of company insiders, allowing investors to monitor their activity.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of a company director.
  • It helps stakeholders monitor insider activity and assess alignment of interests.

Key Dates

DateDescription
05/19/2025Date of transaction for Class A Common Stock and RSUs
05/20/2025Date of signature for the Form 4 filing
01/01/2026General vesting date for some RSUs, subject to continued service
01/01/2027Latest date for settlement of vested RSUs

Keywords

Kinetik Holdings, Form 4, Beneficial Ownership, Director, William Ordemann, Class A Common Stock, Restricted Stock Units, RSUs, Dividend Reinvestment

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