NYSE · CIK 0001692787
KNTK Kinetik Holdings Inc.
Insider trading from SEC Form 4. Last filing 6 d ago. Close $53.46 on Oct 9, 2026, +78% from the 52-week low and -3% from the high.
Last 90 days
Net insider value
-$34M
more sold than bought
Buys
0
$0 by 0 insiders
Sells
6
$34M by 1 insider
Insiders on file
11
with a Form 4 at this company
Price and insider trades, last year
KNTKOct 9, 2026 · close 53.46
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™
Signals
Open-market buys and sells at Kinetik Holdings Inc., scored.
| Score | Insider | Value | Holdings | Price context | Filed |
|---|---|---|---|---|---|
| 47Moderate | ISQ Global Fund II GP LLC owner sell | $9.1M 168,122 shares | -44% | +77% from low-4% from high | |
| 42Moderate | ISQ Global Fund II GP LLC owner sell | $3.4M 64,131 shares | -14% | +74% from low-5% from high | |
| 47Moderate | ISQ Global Fund II GP LLC owner sell | $14M 265,572 shares | -37% | - | |
| 34Weak | ISQ Global Fund II GP LLC owner sell | $798k 14,483 shares | -2% | - | |
| 37Weak | ISQ Global Fund II GP LLC owner sell | $3.8M 68,808 shares | -9% | - | |
| 37Weak | ISQ Global Fund II GP LLC owner sell | $2.5M 45,428 shares | -5% | - | |
| 57Moderate | ISQ Global Fund II GP LLC owner sell | $27M 534,564 shares | -55% | +66% from low0% from high | |
| 47Moderate | ISQ Global Fund II GP LLC owner sell | $18M 376,343 shares | -28% | +56% from low-0% from high | |
| 42Moderate | ISQ Global Fund II GP LLC owner sell | $7.7M 160,200 shares | -11% | +55% from low-1% from high | |
| 37Weak | Lindsay Ellis See Remarks sell | $59k 1,260 shares | -3% | +47% from low-10% from high | |
| 38Weak | Trevor Howard See Remarks sell | $76k 1,619 shares | -1% | +47% from low-10% from high | |
| 41Moderate | Matthew Wall See Remarks sell | $151k 3,222 shares | -1% | +47% from low-10% from high | |
| 41Moderate | Steven Stellato See Remarks sell | $136k 2,907 shares | -1% | +47% from low-10% from high | |
| 72Notable | ISQ Global Fund II GP LLC owner sell | $179M 4,000,000 shares | -100% | +51% from low-13% from high | |
| 29Weak | Matthew Wall See Remarks sell | $291k 8,083 shares | -1% | +15% from low-41% from high | |
| 47Moderate | Jamie Welch See Remarks buy | $277k 8,000 shares | +0% | 0% from low-45% from high | |
| 40Moderate | Jamie Welch See Remarks buy | $196k 5,000 shares | +0% | +0% from low-38% from high | |
| 57Moderate | ISQ Global Fund II GP LLC owner sell | $188M 4,262,090 shares | -100% | +14% from low-29% from high | |
| 57Moderate | ISQ Global Fund II GP LLC owner sell | $90M 1,702,101 shares | -100% | - | |
| 57Moderate | ISQ Global Fund II GP LLC owner sell | $220M 3,952,431 shares | -79% | - |
Planned sales
Form 144 notices filed before a sale of restricted or control stock, newest first. The sale itself usually reaches a Form 4 within days. All planned sales
| Filed | Seller | Shares | Value | Sale date | Past 3 months |
|---|---|---|---|---|---|
| Oct 9, 2026 | ISQ Global Fund II GP LLC 10% Stockholder | 58,439 0.07% of outstanding | $3.1M | Oct 9, 2026 | $97M |
| Mar 17, 2025 | ISQ Global Fund II GP LLC 10% Stockholder | 1,702,101 2.83% of outstanding | $92M | Mar 17, 2025 | $220M |
| Mar 4, 2025 | ISQ Global Fund II GP LLC 10% Stockholder | 3,952,431 6.58% of outstanding | $225M | Mar 4, 2025 | none |
Transactions
The last 100 rows filed, every code.
| Date | Insider | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|---|
| Oct 5, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -15,088 | $53.53 | $808k | 369,054 | 6 d ago |
| Oct 6, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -94,570 | $54.00 | $5.1M | 274,484 | 6 d ago |
| Oct 7, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -58,464 | $53.79 | $3.1M | 216,020 | 6 d ago |
| Sep 22, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -39,937 | $53.72 | $2.1M | 408,336 | 19 d ago |
| Sep 23, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -24,194 | $53.55 | $1.3M | 384,142 | 19 d ago |
| Sep 17, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -108,977 | $53.84 | $5.9M | 604,868 | 22 d ago |
| Sep 18, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -96,262 | $54.06 | $5.2M | 508,606 | 22 d ago |
| Sep 18, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -38,822 | $54.72 | $2.1M | 469,784 | 22 d ago |
| Sep 21, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -21,511 | $53.59 | $1.2M | 448,273 | 22 d ago |
| Sep 14, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -1,025 | $55.15 | $57k | 727,303 | 27 d ago |
| Sep 15, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -4,686 | $55.11 | $258k | 722,617 | 27 d ago |
| Sep 16, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -8,772 | $55.06 | $483k | 713,845 | 27 d ago |
| Sep 8, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -58,383 | $55.14 | $3.2M | 738,753 | 33 d ago |
| Sep 9, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -4,585 | $55.19 | $253k | 734,168 | 33 d ago |
| Sep 10, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -4,886 | $55.21 | $270k | 729,282 | 33 d ago |
| Sep 10, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -954 | $56.30 | $54k | 728,328 | 33 d ago |
| Sep 1, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -45,428 | $55.06 | $2.5M | 797,136 | 40 d ago |
| May 19, 2026 | Deborah L Byers director | AGrant or award Class A Common Stock | +3,102 | $0.00 | $0 | 26,922 | May 20, 2026 |
| May 19, 2026 | Deborah L Byers director | AGrant or award Class A Common Stock | +206 | $0.00 | $0 | 27,128 | May 20, 2026 |
| May 19, 2026 | Deborah L Byers director | AGrant or award Deferred Stock Unitsderivative | +288 | $0.00 | $0 | 7,986 | May 20, 2026 |
| Apr 30, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -36,136 | $49.20 | $1.8M | 927,322 | May 4, 2026 |
| Apr 30, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -404,268 | $50.56 | $20M | 523,054 | May 4, 2026 |
| Apr 30, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -94,160 | $50.86 | $4.8M | 428,894 | May 4, 2026 |
| Apr 27, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -868 | $48.01 | $42k | 1,338,933 | Apr 29, 2026 |
| Apr 28, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -192,041 | $48.56 | $9.3M | 1,146,892 | Apr 29, 2026 |
| Apr 29, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -183,434 | $49.53 | $9.1M | 963,458 | Apr 29, 2026 |
| Apr 22, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -21,429 | $48.02 | $1.0M | 1,478,572 | Apr 24, 2026 |
| Apr 23, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -138,771 | $48.17 | $6.7M | 1,339,801 | Apr 24, 2026 |
| Apr 6, 2026 | ISQ Global Fund II GP LLC owner | CConversion Class A Common Stockindirect: See Explanation of Responses | +1,500,000 | - | - | 1,500,001 | Apr 8, 2026 |
| Apr 6, 2026 | ISQ Global Fund II GP LLC owner | CConversion Kinetik Holdings Unitsderivativeindirect: See Explanation of Responses | -1,500,000 | $0.00 | $0 | 17,069,492 | Apr 8, 2026 |
| Mar 4, 2026 | Trevor Howard See Remarks | SOpen-market sale Class A Common Stock, par value $0.001 | -1,619 | $46.92 | $76k | 249,795 | Mar 6, 2026 |
| Mar 4, 2026 | Matthew Wall See Remarks | SOpen-market sale Class A Common Stock, par value $0.001 | -3,222 | $46.92 | $151k | 585,556 | Mar 6, 2026 |
| Mar 4, 2026 | Steven Stellato See Remarks | SOpen-market sale Class A Common Stock, par value $0.001 | -2,907 | $46.92 | $136k | 393,382 | Mar 6, 2026 |
| Mar 4, 2026 | Lindsay Ellis See Remarks | SOpen-market sale Class A Common Stock, par value $0.001 | -1,260 | $46.92 | $59k | 46,905 | Mar 6, 2026 |
| Mar 2, 2026 | Lindsay Ellis See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +5,072 | $0.00 | $0 | 48,165 | Mar 4, 2026 |
| Mar 2, 2026 | Trevor Howard See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +6,521 | $0.00 | $0 | 251,414 | Mar 4, 2026 |
| Mar 2, 2026 | Jamie Welch See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +16,101 | $0.00 | $0 | 3,788,108 | Mar 4, 2026 |
| Mar 2, 2026 | Steven Stellato See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +7,245 | $0.00 | $0 | 396,289 | Mar 4, 2026 |
| Mar 2, 2026 | Matthew Wall See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +8,030 | $0.00 | $0 | 588,778 | Mar 4, 2026 |
| Feb 26, 2026 | ISQ Global Fund II GP LLC owner | CConversion Class A Common Stockindirect: See Explanation of Responses | +4,000,000 | - | - | 4,000,001 | Mar 2, 2026 |
| Feb 26, 2026 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -4,000,000 | $44.85 | $179M | 1 | Mar 2, 2026 |
| Feb 26, 2026 | ISQ Global Fund II GP LLC owner | CConversion Kinetik Holdings Unitsderivativeindirect: See Explanation of Responses | -4,000,000 | $0.00 | $0 | 18,569,492 | Mar 2, 2026 |
| Feb 20, 2026 | Lindsay Ellis See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +10,676 | $0.00 | $0 | 43,093 | Feb 24, 2026 |
| Feb 20, 2026 | Trevor Howard See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +19,606 | $0.00 | $0 | 244,893 | Feb 24, 2026 |
| Feb 20, 2026 | Matthew Wall See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +26,010 | $0.00 | $0 | 580,748 | Feb 24, 2026 |
| Feb 20, 2026 | Jamie Welch See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +56,846 | $0.00 | $0 | 3,770,769 | Feb 24, 2026 |
| Feb 20, 2026 | Steven Stellato See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +20,226 | $0.00 | $0 | 389,044 | Feb 24, 2026 |
| Feb 20, 2026 | Lindsay Ellis See Remarks | AGrant or award Performance Share Unitsderivative | +5,338 | $0.00 | $0 | 9,111 | Feb 24, 2026 |
| Feb 20, 2026 | Trevor Howard See Remarks | AGrant or award Performance Share Unitsderivative | +9,803 | $0.00 | $0 | 18,340 | Feb 24, 2026 |
| Feb 20, 2026 | Matthew Wall See Remarks | AGrant or award Performance Share Unitsderivative | +13,005 | $0.00 | $0 | 31,671 | Feb 24, 2026 |
| Feb 20, 2026 | Jamie Welch See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +1,238 | $0.00 | $0 | 3,772,007 | Feb 24, 2026 |
| Feb 20, 2026 | Steven Stellato See Remarks | AGrant or award Performance Share Unitsderivative | +10,113 | $0.00 | $0 | 28,459 | Feb 24, 2026 |
| Feb 20, 2026 | Lindsay Ellis See Remarks | AGrant or award Performance Share Unitsderivative | +129 | $0.00 | $0 | 9,240 | Feb 24, 2026 |
| Feb 20, 2026 | Trevor Howard See Remarks | AGrant or award Performance Share Unitsderivative | +291 | $0.00 | $0 | 18,631 | Feb 24, 2026 |
| Feb 20, 2026 | Matthew Wall See Remarks | AGrant or award Performance Share Unitsderivative | +631 | $0.00 | $0 | 32,302 | Feb 24, 2026 |
| Feb 20, 2026 | Steven Stellato See Remarks | AGrant or award Performance Share Unitsderivative | +618 | $0.00 | $0 | 29,077 | Feb 24, 2026 |
| Feb 20, 2026 | Jamie Welch See Remarks | AGrant or award Performance Share Unitsderivative | +42,635 | $0.00 | $0 | 149,495 | Feb 24, 2026 |
| Feb 20, 2026 | Jamie Welch See Remarks | AGrant or award Performance Share Unitsderivative | +3,592 | $0.00 | $0 | 153,087 | Feb 24, 2026 |
| Jan 2, 2026 | Trevor Howard See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +3,236 | $0.00 | $0 | 227,594 | Jan 6, 2026 |
| Jan 2, 2026 | Steven Stellato See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +3,596 | $0.00 | $0 | 380,790 | Jan 6, 2026 |
| Jan 2, 2026 | Matthew Wall See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +3,776 | $0.00 | $0 | 562,821 | Jan 6, 2026 |
| Jan 2, 2026 | Jamie Welch See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +23,016 | $0.00 | $0 | 3,710,807 | Jan 6, 2026 |
| Jan 2, 2026 | Deborah L Byers director | AGrant or award Class A Common Stock | +4,171 | $0.00 | $0 | 23,210 | Jan 6, 2026 |
| Jan 2, 2026 | Lindsay Ellis See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +3,020 | $0.00 | $0 | 34,677 | Jan 6, 2026 |
| Jan 2, 2026 | Trevor Howard See Remarks | FTax withholding Class A Common Stock, par value $0.001 | -2,307 | $36.05 | $83k | 225,287 | Jan 6, 2026 |
| Jan 2, 2026 | Steven Stellato See Remarks | FTax withholding Class A Common Stock, par value $0.001 | -11,972 | $36.05 | $432k | 368,818 | Jan 6, 2026 |
| Jan 2, 2026 | Matthew Wall See Remarks | SOpen-market sale Class A Common Stock, par value $0.001 | -8,083 | $36.05 | $291k | 554,738 | Jan 6, 2026 |
| Jan 2, 2026 | Deborah L Byers director | AGrant or award Deferred Stock Unitsderivative | +296 | $0.00 | $0 | 7,698 | Jan 6, 2026 |
| Jan 2, 2026 | Lindsay Ellis See Remarks | FTax withholding Class A Common Stock, par value $0.001 | -2,260 | $36.05 | $81k | 32,417 | Jan 6, 2026 |
| Jan 2, 2026 | Trevor Howard See Remarks | AGrant or award Performance Share Unitsderivative | +574 | $0.00 | $0 | 8,537 | Jan 6, 2026 |
| Jan 2, 2026 | Steven Stellato See Remarks | AGrant or award Performance Share Unitsderivative | +1,219 | $0.00 | $0 | 18,346 | Jan 6, 2026 |
| Jan 2, 2026 | Matthew Wall See Remarks | AGrant or award Performance Share Unitsderivative | +1,245 | $0.00 | $0 | 18,666 | Jan 6, 2026 |
| Jan 2, 2026 | Lindsay Ellis See Remarks | AGrant or award Performance Share Unitsderivative | +255 | $0.00 | $0 | 3,773 | Jan 6, 2026 |
| Nov 10, 2025 | Jamie Welch See Remarks | POpen-market purchase Class A Common Stock, par value $0.001 | +8,000 | $34.57 | $277k | 3,687,791 | Nov 10, 2025 |
| Nov 10, 2025 | Jamie Welch See Remarks | AGrant or award Performance Share Unitsderivative | +3,707 | $0.00 | $0 | 106,860 | Nov 10, 2025 |
| Oct 2, 2025 | Jamie Welch See Remarks | POpen-market purchase Class A Common Stock, par value $0.001 | +5,000 | $39.13 | $196k | 3,676,399 | Oct 3, 2025 |
| Oct 2, 2025 | Jamie Welch See Remarks | AGrant or award Performance Share Unitsderivative | +3,378 | $0.00 | $0 | 103,152 | Oct 3, 2025 |
| Jun 4, 2025 | ISQ Global Fund II GP LLC owner | CConversion Class A Common Stockindirect: See Explanation of Responses | +4,262,090 | - | - | 4,262,091 | Jun 6, 2025 |
| Jun 4, 2025 | ISQ Global Fund II GP LLC owner | SOpen-market sale Class A Common Stockindirect: See Explanation of Responses | -4,262,090 | $44.16 | $188M | 1 | Jun 6, 2025 |
| Jun 4, 2025 | ISQ Global Fund II GP LLC owner | CConversion Kinetik Holdings Unitsderivative | -4,262,090 | $0.00 | $0 | 22,569,492 | Jun 6, 2025 |
| May 19, 2025 | Deborah L Byers director | AGrant or award Class A Common Stock | +3,388 | $0.00 | $0 | 15,293 | May 20, 2025 |
| May 19, 2025 | Laura A Sugg director | AGrant or award Class A Common Stock | +3,498 | $0.00 | $0 | 68,157 | May 20, 2025 |
| May 19, 2025 | D Mark Leland director | AGrant or award Class A Common Stock | +3,388 | $0.00 | $0 | 23,589 | May 20, 2025 |
| May 19, 2025 | Kevin S McCarthy director | AGrant or award Class A Common Stock | +3,388 | $0.00 | $0 | 106,745 | May 20, 2025 |
| May 19, 2025 | William Ordemann director | AGrant or award Class A Common Stock | +3,388 | $0.00 | $0 | 7,434 | May 20, 2025 |
| May 19, 2025 | Deborah L Byers director | AGrant or award Class A Common Stock | +2,739 | $0.00 | $0 | 18,413 | May 20, 2025 |
| May 19, 2025 | Laura A Sugg director | AGrant or award Class A Common Stock | +2,197 | $0.00 | $0 | 72,421 | May 20, 2025 |
| May 19, 2025 | D Mark Leland director | AGrant or award Class A Common Stock | +2,090 | $0.00 | $0 | 26,082 | May 20, 2025 |
| May 19, 2025 | Kevin S McCarthy director | AGrant or award Class A Common Stock | +2,475 | $0.00 | $0 | 109,220 | May 20, 2025 |
| May 19, 2025 | William Ordemann director | AGrant or award Class A Common Stock | +2,090 | $0.00 | $0 | 9,653 | May 20, 2025 |
| May 19, 2025 | Deborah L Byers director | AGrant or award Deferred Stock Unitsderivative | +229 | $0.00 | $0 | 7,402 | May 20, 2025 |
| May 9, 2025 | Lindsay Ellis See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +2,766 | $0.00 | $0 | 31,657 | May 13, 2025 |
| May 9, 2025 | Trevor Howard See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +2,964 | $0.00 | $0 | 224,358 | May 13, 2025 |
| May 9, 2025 | Matthew Wall See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +4,323 | $0.00 | $0 | 559,045 | May 13, 2025 |
| May 9, 2025 | Jamie Welch See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +13,175 | $0.00 | $0 | 3,669,560 | May 13, 2025 |
| May 9, 2025 | Steven Stellato See Remarks | AGrant or award Class A Common Stock, par value $0.001 | +4,117 | $0.00 | $0 | 377,194 | May 13, 2025 |
| May 9, 2025 | Lindsay Ellis See Remarks | AGrant or award Performance Share Unitsderivative | +123 | $0.00 | $0 | 3,518 | May 13, 2025 |
| May 9, 2025 | Trevor Howard See Remarks | AGrant or award Performance Share Unitsderivative | +277 | $0.00 | $0 | 7,963 | May 13, 2025 |
| May 9, 2025 | Steven Stellato See Remarks | AGrant or award Performance Share Unitsderivative | +588 | $0.00 | $0 | 17,127 | May 13, 2025 |
| May 9, 2025 | Matthew Wall See Remarks | AGrant or award Performance Share Unitsderivative | +601 | $0.00 | $0 | 17,421 | May 13, 2025 |
Insiders
Everyone who has filed a Form 4 here.
- Deborah L Byersdirector
- Lindsay EllisSee Remarks
- Trevor HowardSee Remarks
- ISQ Global Fund II GP LLCowner
- D Mark Lelanddirector
- Kevin S McCarthydirector
- William Ordemanndirector
- Laura A Suggdirector
- Steven StellatoSee Remarks
- Matthew WallSee Remarks
- Jamie WelchSee Remarks
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.