This cluster is routine and non-informative. Director Sugg's sale is likely diversification; the 10% owner's small sale is noise. No actionable trade signal. Monitor next earnings for any fundamental changes, but this filing alone does not warrant a position adjustment.
Price Chart
Executive Summary
Two Kinetik insiders — a director and a 10% owner — sold a combined $3.58M in shares over a one-week window. Director Laura Sugg's $3.2M sale is the dominant event, representing ~0.04% of the $8.9B market cap, which is below the 0.1% materiality threshold. The 10% owner's $384K sale is routine. The total cluster value is trivial relative to market cap, and insider sales are weak predictors per academic literature, especially when driven by a single director. No bearish signal here.
Key Financial Metrics
Key Facts
- Director Laura Sugg sold 61,200 shares at $52.25 for $3.2M on 2026-08-14
- 10% owner ISQ Global Fund II GP LLC sold ~10,070 shares at ~$55.11 for $555K over two days (2026-08-20 to 2026-08-21)
- Total cluster value of $3.58M is only ~0.04% of KNTK's $8.9B market cap
- No C-suite executives participated in the cluster
Financial Impact
Total insider sales of $3.58M represent ~0.04% of market cap — immaterial
Risk Factors
- Insider sales, while small, could precede a broader sell-off if fundamentals deteriorate
- Director sale of $3.2M may indicate personal liquidity needs, not a bearish view
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-KNTK-1787695295139 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 10d ago | SC 13D/A | $55.30 | awaiting T+20 | — | $56.01 (−1.28%) |
Oct 9, 2026 16d ago | 144 | $53.72 | awaiting T+20 | — | $56.01 (−4.26%) |
Oct 8, 2026 17d ago | 144 | $53.46 | awaiting T+20 | — | $56.01 (−4.77%) |
Oct 7, 2026 18d ago | 144 | $53.60 | awaiting T+20 | — | $56.01 (−4.49%) |
Oct 6, 2026 19d ago | 144 | $52.92 | awaiting T+20 | — | $56.01 (−5.83%) |
Sep 21, 2026 4w ago | SC 13D/A | $51.61 $53.71 | ▼ −4.07% | ▼ −4.63% | $56.01 (−8.52%) |
Sep 10, 2026 6w ago | Institutional Cluster | $54.20 $54.41 | ▲ +0.39% | ▼ −1.74% | $56.01 (+3.34%) |
Aug 25, 2026 8w ago | Insider Cluster | $55.10 $52.54 | ▼ −4.65% | ▼ −4.87% | $56.01 (+1.65%) |
Aug 20, 2026 9w ago | Insider Cluster | $54.50 $53.50 | ▲ +1.83% | ▲ +1.56% | $56.01 (−2.77%) |
Aug 17, 2026 9w ago | Insider Cluster | $54.54 $53.84 | ▼ −1.28% | ▲ +0.46% | $56.01 (+2.70%) |
US Market Status
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