ISQ Global Fund II GP LLC has filed a Form 144 to sell 20,731 shares of Kinetik Holdings Inc.'s Class A common stock. This sale is valued at approximately $1.17 million. The move is significant as it highlights the ongoing activity and strategic decisions within the natural gas transmission sector.

Kinetik Holdings Inc. operates in the natural gas transmission industry, which is crucial for energy distribution and infrastructure. The filing indicates that ISQ Global Fund II GP LLC, a 10% stockholder in Kinetik, is actively managing its investment portfolio.

Background

ISQ Global Fund II GP LLC is a Delaware-based entity focused on investment management. It is not publicly listed and operates primarily in the financial services sector. The company has a history of filings with the SEC, including recent submissions on October 15, 2026, and October 30, 2026, which indicate ongoing activities related to its investments.

What the Filing Says

The Form 144 states that ISQ Global Fund II GP LLC plans to sell 20,731 shares of Kinetik Holdings Inc. on October 30, 2026. The filing notes that the shares are being sold for the account of Buzzard Midstream LLC, with ISQ Global Fund II GP LLC acting as the general partner. The nature of the acquisition transaction is described as a redemption of common units representing limited partnership interests in Kinetik Holdings LP in exchange for shares of Class A Common Stock.

Impact

This filing may affect Kinetik Holdings Inc. and its shareholders, as it demonstrates active management of stockholder interests by ISQ Global Fund II GP LLC. The sale may also influence investor sentiment within the natural gas transmission sector, as stakeholders assess the implications of such transactions on stock performance and market dynamics.

What's Next

The filing does not say what happens next.