Kinetik Holdings (KNTK) 10% owner ISQ Global Fund II GP sold 38,887 shares for $2.18M at an average $55.94

Insider transactions reported

ISQ Global Fund II GP LLC (10% owner at Kinetik Holdings Inc., KNTK) reported that they sold 38,887 shares for $2.18M at an average $55.94, and acquired 1,000,000 shares between Oct 30, 2026 and Nov 3, 2026. After these transactions the filing shows 961,114 shares held indirectly (See Explanation of Responses).

Reporting person

ISQ Global Fund II GP LLC

Options and other derivatives

Holdings before and after

• Class A Common Stock: 1 to 961,114 indirect, See Explanation of Responses
• Kinetik Holdings Units: 13,569,492 to 12,569,492 indirect, See Explanation of Responses

Footnotes from the filing

1. 1. Securities issued pursuant to and in connection with a contribution agreement (the Contribution Agreement ), dated October 21, 2021, by and among Kinetik Holdings Inc., a Delaware corporation (f/k/a Altus Midstream Company, the Issuer ), Kinetik Holdings LP, a Delaware limited partnership (f/k/a Altus Midstream LP, the Partnership ), BCP Raptor Holdco, LP, a Delaware limited partnership, and New BCP Raptor Holdco, LLC, a Delaware limited liability company.
2. 2. The term Kinetik Holdings Units is used herein to represent common units representing limited partnership interests in the Partnership ( Partnership Common Units ) and an equal number of paired shares of Class C Common Stock of the Issuer. The terms of the Third Amended and Restated Agreement of Limited Partnership of the Partnership provide that each holder of Partnership Common Units (other than the Issuer) generally has the right to cause the Partnership to redeem all or a portion of its Partnership Common Units (the Redemption Right ) in exchange for shares of Class A Common Stock of the Issuer or, at the Partnership's election, an equivalent amount of cash. In connection with any redemption of Partnership Common Units pursuant to the Redemption Right, the corresponding number of shares of the Class C Common Stock will be cancelled. The Partnership Common Units and the right to exercise the Redemption Right have no expiration date.
3. 3. The securities are directly held by Buzzard Midstream LLC. ISQ Global Fund II GP, LLC ( Fund II GP ) is the general partner of the members of the indirect owners of Buzzard Midstream LLC and, in such capacity, exercises voting and investment power over the securities directly held by Buzzard Midstream LLC. I Squared Capital, LLC ( I Squared Capital ) is the sole member of Fund II GP. ISQ Holdings, LLC ( ISQ Holdings ) is the managing member of I Squared Capital. Each of Sadek Wahba and Gautam Bhandari is a member of ISQ Holdings and disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein.
4. 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.3638 to $57.22, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Transaction codes in this filing

Open-market sale:

Code S marks a sale in the open market or a private deal. The insider received cash for these securities.

Conversion of a derivative:

Code C marks the conversion of a derivative, such as preferred stock or units, into another security.

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