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Antero Midstream (NYSE: AM) director reports RSU grant, tax withholding and gift

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Director and officer Michael N. Kennedy of Antero Midstream Corp reported several stock transactions involving company common shares. He received a grant of 261,210 restricted stock units (RSUs) under the company’s long-term incentive plan. These RSUs vest in three equal parts on each of the first three anniversaries of March 7, 2026, generally requiring continued employment on each vesting date.

In connection with RSUs vesting and settling into stock, the company withheld 108,526 shares at a price of $22.97 per share to cover his tax obligations, which is not an open-market sale. Kennedy also made a bona fide gift of 15,000 shares. After these transactions, he directly holds 1,600,594 shares, including 472,354 shares subject to previously granted RSUs that still must vest.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Kennedy Michael N.

(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 261,210(1) A $0.00 1,724,120(2) D
Common stock, par value $0.01 per share 03/07/2026 F 108,526(3) D $22.97 1,615,594(4) D
Common stock, par value $0.01 per share 03/07/2026 G 15,000 D $0.00 1,600,594(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 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 719,114 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 472,354 shares of Common Stock subject to previously granted RSUs that remain subject to vesting.
Remarks:
Chief Executive Officer and President
/s/ Yvette K. Schultz, as attorney-in-fact for Michael N. Kennedy 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 did Michael N. Kennedy report in this Antero Midstream (AM) Form 4?

Michael N. Kennedy reported a grant of 261,210 restricted stock units, tax-related share withholding, and a 15,000-share gift. These transactions are compensation, tax, and gifting events rather than open-market buying or selling of Antero Midstream common stock.

How many Antero Midstream (AM) RSUs were granted to Michael N. Kennedy?

He received 261,210 restricted stock units under Antero Midstream’s long-term incentive plan. The RSUs vest in three equal installments on the first three anniversaries of March 7, 2026, generally conditioned on his continued employment with the company through each vesting date.

Why were 108,526 Antero Midstream (AM) shares withheld from Michael N. Kennedy?

The company withheld 108,526 shares of Antero Midstream common stock to satisfy Michael N. Kennedy’s tax withholding obligations upon RSU vesting. The withholding price was $22.97 per share, and this disposition reflects tax payment mechanics rather than an open-market stock sale.

How many Antero Midstream (AM) shares did Michael N. Kennedy gift?

He made a bona fide gift of 15,000 shares of Antero Midstream common stock. A gift transaction involves transferring shares without receiving payment, so it does not represent a market trade, but it does reduce his directly held share count by that amount.

What is Michael N. Kennedy’s Antero Midstream (AM) shareholding after these transactions?

After the grant, tax withholding, and gift, Michael N. Kennedy directly holds 1,600,594 Antero Midstream shares. This figure includes 472,354 shares subject to previously granted restricted stock units that remain unvested and will depend on future vesting conditions being satisfied.

How do the new RSUs for Michael N. Kennedy at Antero Midstream (AM) vest?

The 261,210 new restricted stock units vest in three equal tranches. One-third vests on each of the first three anniversaries of March 7, 2026, and vesting generally requires that Michael N. Kennedy remain employed by Antero Midstream through each respective vesting date.
Antero Midstream Corp

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10.94B
326.79M
Oil & Gas Midstream
Natural Gas Transmission
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United States
DENVER