Form 4: Kinetik Holdings Inc. Director Deborah L. Byers Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Director Deborah L. Byers reports acquisition and disposal of Class A Common Stock and Deferred Stock Units (DSUs) in Kinetik Holdings Inc.

Summary

  • On May 19, 2025, Deborah L. Byers, a director of Kinetik Holdings Inc., reported changes in her beneficial ownership of the company's securities.
  • She acquired 3,388 Class A Common Stock units at $0, and disposed of 2,739 Class A Common Stock units at $0.
  • Following these transactions, Byers directly owns 18,413 shares of Class A Common Stock.
  • Byers also acquired 229 Deferred Stock Units (DSUs), bringing her total DSU holdings to 7,402.
  • These DSUs were granted in lieu of director cash compensation and vest over time, with settlement deferred until termination of service.
  • Dividends on both RSUs and DSUs are reinvested into additional units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to director compensation and dividend reinvestment. There are no explicit positive or negative indicators.

Positives

  • The reinvestment of dividends into additional RSUs and DSUs demonstrates a long-term commitment to the company by the director.

Future Outlook

Settlement of vested RSUs and DSUs is deferred until a change in control or termination of service, respectively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the transactions of a director in the company's stock and deferred stock units.

Stakeholder Impact

  • The transactions reported have a minimal direct impact on stakeholders, as they relate to director compensation and dividend reinvestment.

Key Dates

DateDescription
04/01/20231,091 DSUs vested
07/01/20231,091 DSUs vested
10/01/20231,091 DSUs vested
01/01/20241,090 DSUs vested
01/01/2026RSUs generally vest, subject to continued service
05/19/2025Date of transaction for Class A Common Stock and DSUs
05/20/2025Date of signature for the Form 4 filing

Keywords

Form 4, Beneficial Ownership, Kinetik Holdings Inc., Deborah L. Byers, Class A Common Stock, Deferred Stock Units, Director, RSUs, DSUs, Dividends

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