Antero Midstream (NYSE: AM) director sells 25K shares after RSU grant
Rhea-AI Filing Summary
Antero Midstream Corp director and officer Yvette K. Schultz reported a mix of equity grant, tax withholding, and a modest share sale. On March 7, 2026 she received 97,953 restricted stock units (RSUs) that vest in three equal annual installments beginning on March 7, 2026, subject to continued employment. In connection with RSU vesting and settlement, 66,252 shares were withheld by the company to cover her tax obligations, based on the March 6, 2026 closing price.
On March 9, 2026 Schultz sold 25,000 shares of common stock in an open-market transaction at a weighted average price of $22.81 per share, with individual trades ranging from $22.68 to $22.90. After these transactions she directly owns 649,834 shares of Antero Midstream common stock, and the filing notes additional shares remain subject to previously granted unvested RSUs.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant with tax withholding and a relatively small follow-on sale.
Yvette K. Schultz received 97,953 RSUs that vest over three years starting on March 7, 2026. This award increases her long-term equity exposure to Antero Midstream, aligning compensation with future share performance rather than providing immediate cash.
To satisfy tax obligations from RSU vesting, the company withheld 66,252 shares, a standard non-market mechanism. She also executed an open-market sale of 25,000 shares at a weighted average of $22.81 per share. Following these actions she holds 649,834 shares directly, so the net sale is small relative to her overall position. The filing also indicates additional unvested RSUs remain outstanding, reinforcing continued equity-based incentives.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 25,000 | $22.81 | $570K |
| Grant/Award | Common stock, par value $0.01 per share | 97,953 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 66,252 | $22.97 | $1.52M |
Footnotes (1)
- Reflects the grant of restricted stock units ("RSUs") pursuant to the Amended and Restated Antero Midstream Corporation Long Term Incentive Plan (the "Plan") which vest as to 1/3 of the total amount granted on each of the first three anniversaries of March 7, 2026, generally subject to continued employment through each vesting date. Includes 377,488 shares of common stock, par value $0.01 per share ("Common Stock"), of Antero Midstream Corporation (the "Issuer") subject to previously granted RSUs that remain subject to vesting. In connection with the vesting and settlement of RSUs through the issuance of Common Stock pursuant to the Plan, the Issuer withheld shares of 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 March 6, 2026. Includes 226,850 shares of Common Stock subject to previously granted RSUs that remain subject to vesting. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.68 to $22.90, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5).
