Matthew Wall, Executive Vice President and Chief Operating Officer at Kinetik Holdings Inc (NASDAQ:KNTK), completed a sale of 3,222 Class A common shares on March 4, 2026. The shares were sold at $46.92 each, producing a total proceeds figure of $151,176.
Following the disposition, Wall retains direct ownership of 585,556 shares of Kinetik. Company records indicate the sale was executed specifically to meet tax withholding obligations that arose when shares awarded in lieu of cash for the company's 2025 annual incentive award vested.
The transaction occurred while Kinetik's share price was trading at approximately $45.60. The stock has gained roughly 29% year-to-date. External data cited by InvestingPro within the public record characterizes the shares as undervalued relative to peers and places the company among the more undervalued names in its sector according to that analysis.
InvestingPro-sourced information included with the filing points to a 7.11% dividend yield for Kinetik, and references an InvestingPro Tip that highlights the company’s high shareholder yield. That tip is noted as one of 12 exclusive tips available to subscribers alongside the service’s Pro Research Reports.
Kinetik’s most recent quarterly results for the fourth quarter of 2025 show a mixed financial performance. The company reported earnings per share of $2.16, a number that outpaced analysts’ expectations of $0.33 and produced an EPS surprise of 554.55%. On the revenue side, Kinetik recorded $430.42 million for the quarter, short of the $476.77 million that had been anticipated, reflecting a revenue miss of 9.72%.
Market reaction in the aftermath of the earnings release was described as positive, with investor sentiment remaining favorable despite the revenue shortfall. The juxtaposition of a large EPS beat and a notable revenue gap frames a mixed snapshot of recent operating results.
The insider sale documented for March 4 was limited in scale relative to Wall’s remaining holdings and was disclosed as being tied to compensation tax obligations. The disclosure does not indicate any additional change in the executive’s ongoing ownership beyond the post-sale holding figure.
Readers should note the specific details provided here are restricted to the transaction and reported quarterly figures. The publicly cited InvestingPro commentary and metrics are presented as part of the company and market context described in the disclosure.