Antero Midstream (NYSE: AM) reports PSU vesting and tax share withholding
Rhea-AI Filing Summary
Antero Midstream Corp executive Brendan E. Krueger reported equity compensation activity tied to performance share units and related tax withholding. He acquired 99,242 shares of common stock at $0.0000 per share through the vesting and settlement of performance share units granted in 2023 based on return on invested capital.
To cover tax obligations on this vesting, 43,847 shares were disposed of at $22.1200 per share through issuer share withholding rather than an open-market sale. After these transactions, Krueger directly owns 633,545 shares of common stock, including 247,799 shares subject to previously granted restricted stock unit awards that remain subject to vesting.
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Insights
Routine equity award vesting with tax share withholding, no open-market buying or selling.
Brendan E. Krueger received 99,242 Antero Midstream shares at $0.0000 per share from performance share units that vested based on a multi‑year return on invested capital metric. This reflects long-term incentive compensation rather than a discretionary purchase.
In connection with this vesting, 43,847 shares were withheld at $22.1200 per share to satisfy tax obligations, a standard non-cash disposition method where the issuer retains shares instead of a cash tax payment. Following these changes, Krueger directly holds 633,545 shares, including 247,799 unvested restricted stock units, indicating substantial ongoing equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 99,242 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 43,847 | $22.12 | $970K |
Footnotes (1)
- Each performance share unit ("PSU") represented a contingent right to receive one share of common stock ("Common Stock") of Antero Midstream Corporation (the "Issuer"). On February 24, 2026, the Compensation Committee of the Issuer certified performance and authorized settlement with respect to PSUs originally granted on April 15, 2023, which vested based on the Issuer's return on invested capital over a three year period. Includes 247,799 shares of Common Stock subject to previously granted restricted stock unit awards that remain subject to vesting. In connection with the vesting and settlement of PSUs through the issuance of Common Stock pursuant to the Amended and Restated Antero Midstream Corporation Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy their tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on February 24, 2026.