Form 4: Kinetik Holdings Inc. Executive Stellato Steven Reports Acquisition of Shares and Dividend Equivalent Units

Steven Stellato, EVP, Chief Accounting Officer, and Chief Administrative Officer of Kinetik Holdings Inc., reports the acquisition of shares and dividend equivalent units.

Summary

• On May 9, 2025, Steven Stellato, an executive at Kinetik Holdings Inc., reported acquiring 4,117 shares of Class A Common Stock at $0.
• Following the transaction, Stellato directly owns 377,194 shares of Class A Common Stock.
• Additionally, Stellato acquired 588 Performance Share Units (PSUs) reflecting dividend equivalent shares accrued on previously granted PSUs.
• These dividend equivalent units will be paid out in Class A Common Stock at the time the underlying units vest.
• Stellato directly owns 17,127 derivative securities after the reported transaction.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and increased ownership by a key officer, indicating confidence in the company.

Future Outlook

The restricted stock units will generally vest on January 1, 2026, subject to continued employment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair markets and preventing insider trading.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

Kinetik Holdings Inc., Steven Stellato, Form 4, Beneficial Ownership, Class A Common Stock, Performance Share Units, Dividend Equivalent Units, Securities Exchange Act, Executive Compensation