Howard Trevor sold KNTK

March 22, 2024 · Form 4 insider transaction

Howard Trevor sold 7,000 shares of Kinetik Holdings Inc. at $37.62 per share, a transaction worth $263.3K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
7,000
Price
$37.62
Total value
$263.3K
RoleOfficer
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateMarch 22, 2024
Filing dateMarch 26, 2024
Shares owned after198,411
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Represents shares of Class A Common Stock sold by the Reporting Person to cover tax obligations.; The sale of shares of Class A Common Stock by the Reporting Person was permitted under the terms of the Lock-Up Agreement, dated March 13, 2024, between the Reporting Person and each underwriter to the Underwriting Agreement (as defined therein) (the "Lock-Up Agreement") and the Reporting Person otherwise remains subject to the restrictions set forth in the Lock-Up Agreement.; The price reported in Column 4 is the weighted average price. These shares were bought in multiple transactions at prices ranging from $37.48 to $37.77, inclusive. The Reporting Person undertakes to provide Kinetik Holdings Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.

View the original Form 4 on SEC EDGAR