PLO50 - KKQ5ds preflop spot

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PLO50 - KKQ5ds preflop spot

BB: MaxVariance: $62.70
HJ: ANACONDA 22: $68.48
CO: zerevator7: $5.82
BN: lapa00: $49.25
SB: Ph33roX: $67.94
Maxvariance has 3bet 5 out of 21 opportunities so far (24%). Overall he seems to be a loose and aggressive player. UTG raiser is a fish playing 43/26 so far with not much positional awareness (this is his 4th raise in 9 opportunities UTG).
Preflop ($0.75) (5 Players)
Ph33roX was dealt Q K K 5
ANACONDA 22 raises to $1, zerevator7 calls $1, lapa00 calls $1, Ph33roX calls $0.75, MaxVariance raises to $3, ANACONDA 22 folds, zerevator7 raises to $5.82, and is all in, lapa00 calls $4.82
So basically I have 2 questions:

1. First time the action gets to me, given read on UTG, should I squeeze this hand, planning to fold vs a 5bet? I think I've made a mistake here by just flatting.

2. 2nd time it gets to me, after everyone have defined there range to be !AA, except for Maxvariance, is 4betting a viable option? Do you assume he's 3betting a lot tighter when it's into 4 players? also noteworthy that his 3bet sizing is very small/weird.

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