On October 13, 2026, five insiders at Kinetik Holdings Inc. (KNTK) divested shares totaling approximately $32.36 million. The transactions were executed at a price of $54.29 per share.
The selling entities included Squared Capital, Llc I, Holdings, Llc Isq, Global Fund Ii Gp Llc Isq, as well as individuals Gautam Bhandari and Sadek Wahba. Each of these parties sold 119,203 shares, contributing to the aggregate sale value.
While insider sales can be motivated by various factors such as portfolio diversification or tax planning, a coordinated sale involving multiple insiders may attract investor attention. This activity follows similar divestments by these same parties on October 12, 2026, where each sold 38,377 shares for approximately $2.08 million.