Kinetik Holdings Inc. Files 8-K on Executive Changes

Ticker: KNTK · Form: 8-K · Filed: Sep 30, 2024 · CIK: 1692787

Sentiment: neutral

Topics: corporate-governance, executive-changes, officer-appointment, director-election

Related Tickers: KNTK

TL;DR

Kinetik Holdings Inc. (KNTK) filed an 8-K detailing executive and director changes, plus compensation. Stay tuned for impacts.

AI Summary

Kinetik Holdings Inc. filed an 8-K on September 30, 2024, reporting on the departure of directors, election of new directors, appointment of officers, and compensatory arrangements. The filing also includes Regulation FD disclosures and financial statements/exhibits. Kinetik Holdings Inc. is in the natural gas transmission industry.

Why It Matters

This filing provides crucial updates on the company's leadership and governance structure, which can impact strategic direction and investor confidence.

Risk Assessment

Risk Level: low — This is a routine 8-K filing reporting on corporate governance and executive changes, not a material event like a merger or financial distress.

Key Numbers

Key Players & Entities

FAQ

What specific changes were made to the board of directors or executive officers?

The filing indicates the departure of directors, election of directors, and appointment of certain officers, but the specific names and details are not provided in this excerpt.

Are there any new compensatory arrangements for officers mentioned?

Yes, the filing explicitly lists 'Compensatory Arrangements of Certain Officers' as an item of information being reported.

What is the primary business of Kinetik Holdings Inc.?

Kinetik Holdings Inc. is in the NATURAL GAS TRANSMISSION industry, with SIC code 4922.

When was this report filed?

This 8-K report was filed as of September 30, 2024.

Does this filing include any financial statements?

Yes, the filing explicitly states 'Financial Statements and Exhibits' are included.

Filing Stats: 585 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-09-30 17:11:01

Key Financial Figures

Filing Documents

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): September 30, 2024 Kinetik Holdings Inc. (Exact Name of Registrant as Specified in Charter) Delaware 001-38048 81-4675947 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 2700 Post Oak Blvd. , Suite 300 Houston , Texas 77056 (Address of Principal Executive Offices) (Zip Code) (713) 621-7330 (Registrant's Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share KNTK New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02 Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 30, 2024, Todd Carpenter, General Counsel and Chief Compliance Officer of Kinetik Holdings Inc. (the "Company"), informed the Company of his intent to retire effective February 28, 2025. Item7.01 Regulation FD Disclosure. On September 30, 2024, the Company issued a press release announcing Mr. Carpenter's retirement. A copy of the Company's press release is attached hereto and furnished as Exhibit 99.1 and is incorporated in this report by reference. The information provided in this Item 7.01, including the accompanying Exhibit 99.1, shall be deemed "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of such section, nor shall it be incorporated by reference in any filing made by the Company pursuant to the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except to the extent that such filing incorporates by reference any or all of such information by express reference thereto. Item9.01 Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated September 30, 2024, issued by Kinetik Holdings Inc. (furnished solely for purposes of Item 7.01 of this Form 8-K). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 30, 2024 KINETIK HOLDINGS INC. By: /s/ Todd Carpenter Name: Todd Carpenter Title: General Counsel, Assistant Secretary and Chief Compliance Officer 3

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