Form 4: Kinetik Holdings Inc. Director Kevin McCarthy Reports Changes in Beneficial Ownership

Director Kevin McCarthy reports acquisition of Class A Common Stock and restricted stock units in Kinetik Holdings Inc.

Summary

• Kevin McCarthy, a director of Kinetik Holdings Inc., filed a Form 4 disclosing changes in beneficial ownership.
• On May 19, 2025, McCarthy acquired 3,388 shares of Class A Common Stock at $0.
• Additionally, McCarthy acquired 2,475 restricted stock units (RSUs) which will generally vest on January 1, 2026, subject to continued service.
• Following these transactions, McCarthy beneficially owns 109,220 shares of Class A Common Stock.
• McCarthy has granted power of attorney to Jamie Welch, Steven Stellato, and Lindsay Ellis to handle SEC filings.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports transactions. The acquisition of shares by a director is generally viewed positively, but the document itself is simply a regulatory filing.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.

Future Outlook

The vesting of RSUs on January 1, 2026, is contingent upon McCarthy's continued service with the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The reported transactions provide shareholders with insights into the actions of company insiders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Kinetik Holdings Inc., Kevin McCarthy, Class A Common Stock, Restricted Stock Units, RSUs, SEC, Director