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.

Insights

Equity compensation analyst

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schultz Yvette K

(Last) (First) (Middle)

1615 WYNKOOP STREET

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Antero Midstream Corp [ AM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.01 per share	03/07/2026		A		97,953(1)	A	$0.00	741,086(2)	D
Common stock, par value $0.01 per share	03/07/2026		F		66,252(3)	D	$22.97	674,834(4)	D
Common stock, par value $0.01 per share	03/09/2026		S		25,000	D	$22.81(5)	649,834(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. 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.

4. Includes 226,850 shares of Common Stock subject to previously granted RSUs that remain subject to vesting.

5. 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).

Remarks:

Senior Vice President - Legal, Chief Compliance Officer, General Counsel and Corporate Secretary

	/s/ Yvette K. Schultz	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Yvette K. Schultz report for Antero Midstream (AM)?

Yvette K. Schultz reported receiving 97,953 restricted stock units, a tax withholding of 66,252 shares tied to RSU vesting, and an open-market sale of 25,000 Antero Midstream common shares at a weighted average price of $22.81 per share.

How many Antero Midstream (AM) shares does Yvette K. Schultz own after these Form 4 transactions?

After the reported grant, tax withholding, and sale, Yvette K. Schultz directly owns 649,834 shares of Antero Midstream common stock. The filing also notes additional shares underlying previously granted RSUs that remain unvested and subject to future vesting conditions.

What are the terms of the 97,953 RSUs granted to Yvette K. Schultz by Antero Midstream (AM)?

The 97,953 restricted stock units granted to Yvette K. Schultz vest in three equal installments. One-third vests on each of the first three anniversaries of March 7, 2026, generally contingent on her continued employment through each respective vesting date.

Was the 25,000-share Antero Midstream (AM) transaction by Yvette K. Schultz an open-market sale?

Yes. The Form 4 identifies the 25,000-share transaction as an open-market sale. It was executed at a weighted average price of $22.81 per share, with individual trades priced between $22.68 and $22.90, inclusive, according to the filing footnote.

Why did Antero Midstream (AM) withhold 66,252 shares from Yvette K. Schultz?

The company withheld 66,252 shares of common stock to cover Yvette K. Schultz’s tax withholding obligations upon RSU vesting and settlement. The number of shares withheld was determined based on the common stock’s closing price on March 6, 2026, as described in the footnotes.

How do the reported RSUs affect Yvette K. Schultz’s future compensation at Antero Midstream (AM)?

The 97,953 RSUs, plus previously granted unvested RSUs referenced in the filing, tie part of Yvette K. Schultz’s future compensation to Antero Midstream’s share performance. She will receive shares over time only if vesting conditions, including continued employment, are satisfied.