ISQ Global Fund II GP LLC has filed a Form 144 to sell 3,267 shares of Kinetik Holdings Inc. This filing, submitted on November 2, 2026, indicates a strategic liquidation of some of its holdings in the natural gas transmission company. The sale is valued at approximately $174,915.18 and is part of a broader trend in the industry as companies reassess their positions.

Kinetik Holdings Inc., a player in the natural gas transmission sector, has seen various changes in ownership and structure recently. The company, which operates under the SEC file number 001-38048, is headquartered in Houston, Texas. Its fiscal year ends on December 31, and it has undergone name changes in the past, previously known as Altus Midstream Co and Kayne Anderson Acquisition Corp.

The Form 144 filing reveals that ISQ Global Fund II GP LLC is a 10% stockholder in Kinetik Holdings. The shares being sold were acquired through a redemption of common units from Kinetik Holdings LP, exchanged on a one-for-one basis for Class A Common Stock. Notably, Goldman Sachs & Co. LLC is identified as the broker for this transaction.

This decision to sell shares may have implications for both ISQ Global Fund II and Kinetik Holdings. As a significant stockholder, ISQ's actions can influence market perceptions and investor sentiment towards Kinetik. Additionally, competitors in the natural gas transmission sector may be watching closely, as shifts in major stockholder positions can signal changes in company strategy or market dynamics.

The filing does not specify what actions ISQ Global Fund II GP LLC plans to take next, leaving investors and industry analysts to speculate on the future direction of both ISQ and Kinetik Holdings.