secwatch.observer — SEC 8-K summary
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Issuer:     Kinetik Holdings Inc. (KNTK)
CIK:        0001692787
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0001692787-25-000040
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CSO Anne Psencik retires; receives $887k severance and $150k/yr consulting deal
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- Ms. Psencik retired as Chief Strategy Officer effective June 30, 2025; no disagreement with company.
- Separation Agreement includes lump sum payment of $887,356 payable 45+ days after termination.
- Consulting Agreement through July 1, 2028 at $150k annual fee plus up to $300k in discretionary payments.
- Unvested equity awards continue to vest during consulting period; accelerated upon termination without cause.
- Consulting Agreement includes customary confidentiality and restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692787/000169278725000040/0001692787-25-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692787/000169278725000040/apa-20250630.htm
  HTML page:      https://secwatch.observer/filing/0001692787-25-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer