---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-069248"
form_type: "8-K"
ticker: "KNTK"
cik: "0001692787"
company_name: "Kinetik Holdings Inc."
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:28:55.636916+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Apache Midstream sells 13.1M Kinetik shares at $33.75 in secondary offering

## Summary
- Selling stockholder Apache Midstream LLC (Apache Corp subsidiary) sold 13,079,871 shares at $33.75/share.
- Initial offering of 11,373,801 shares plus underwriters' full exercise of 1,706,070-share option.
- Kinetik receives no proceeds; expected closing March 18, 2024.
- CEO purchases 14,814 shares at the public offering price from underwriters.
- Goldman Sachs, BofA, J.P. Morgan, Mizuho lead-manage the offering.

## SEC filing metadata
- accession: 0001193125-24-069248
- form_type: 8-K
- ticker: KNTK
- cik: 0001692787
- company_name: Kinetik Holdings Inc.
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692787/000119312524069248/0001193125-24-069248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692787/000119312524069248/d689756d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-069248
- JSON: https://secwatch.observer/filing/0001193125-24-069248.json
- Plain text: https://secwatch.observer/filing/0001193125-24-069248.txt

## Key facts
- Material Agreements
  Kinetik Holdings Inc. entered into Underwriting Agreement with Goldman Sachs & Co. LLC, as representative of the several underwriters (effective 2024-03-13).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Goldman Sachs & Co. LLC, as representative of the several underwriters
  - Effective: 2024-03-13
  source text: On March 13, 2024, Kinetik Holdings Inc., a Delaware corporation (the “ Company ”) and Apache Midstream LLC (the “ Selling Stockholder ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with Goldman Sachs & Co. LLC, as representative of the several underwriters named therein
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692787/000119312524069248/0001193125-24-069248-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.