On April 29, 2026, ten insiders at Kinetik Holdings Inc. (KNTK) executed a series of sales, collectively offloading approximately $92.05 million worth of company stock. Among the sellers were Gautam Bhandari and Sadek Wahba, along with entities such as Global Fund II GP LLC ISQ, Holdings LLC ISQ, and Squared Capital LLC I.
These transactions involved multiple tranches, with some insiders selling 192,041 shares at $48.56 per share, and others selling 183,434 shares at $49.53 per share. While insider selling can be attributed to various personal financial strategies, including diversification or tax planning, a coordinated sale by multiple individuals and entities within a company may draw investor attention.