Antero Midstream director awarded stock, shares withheld
Antero Midstream Corp director and officer Michael N. Kennedy reported equity compensation activity in company common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Antero Midstream Corp director and officer Michael N. Kennedy reported equity compensation activity in company common stock. He acquired 203,212 shares at no cost through the vesting and settlement of performance share units tied to the company’s return on invested capital.
On the same date, 89,392 shares were disposed of through share withholding to cover tax obligations, based on a $22.12 closing price. After these transactions, he directly owned 1,462,910 shares, including 457,904 shares underlying previously granted restricted stock units that are still subject to vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 203,212 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.01 per share | 89,392 | $22.12 | $1.98M |
Footnotes (3)
- F1. 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.
- F2. Includes 457,904 shares of Common Stock subject to previously granted restricted stock unit awards that remain subject to vesting.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Michael N. Kennedy report at Antero Midstream (AM)?
What do the restricted stock units in the Antero Midstream (AM) filing represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.