Form 4: Kinetik Holdings Inc. Executive Matthew Wall Reports Acquisition of Shares and Performance Share Units

Matthew Wall, EVP and COO of Kinetik Holdings Inc., reports the acquisition of shares and performance share units, including dividend equivalents, as per the company's compensation plan.

Summary

• On May 9, 2025, Matthew Wall, EVP and COO of Kinetik Holdings Inc., filed a Form 4 indicating changes in beneficial ownership.
• Wall acquired 4,323 shares of Class A Common Stock at $0, increasing his direct holdings to 559,045 shares.
• He also acquired 601 dividend equivalent shares accrued on previously granted Performance Share Units (PSUs), bringing his total PSU holdings to 17,421.
• These PSUs will be paid out in Class A Common Stock at the time the underlying units vest.
• The reported transactions are related to the Issuer's Amended and Restated 2019 Omnibus Compensation Plan and Dividend and Distribution Reinvestment Plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests.

Positives

• The acquisition of shares and PSUs reflects ongoing participation in the company's compensation plans.
• The vesting of RSUs on January 1, 2026, incentivizes continued employment and contribution to the company.

Future Outlook

The reported transactions are part of ongoing compensation and incentive plans, suggesting continued alignment of executive interests with shareholder value.

Industry Context

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

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

Form 4, Kinetik Holdings Inc., Matthew Wall, Class A Common Stock, Performance Share Units, Dividend Equivalents, Beneficial Ownership, Executive Compensation