Equity awards and tax share withholding for Antero (NYSE: AR) officer

Rhea-AI Filing Summary

ANTERO RESOURCES Corp officer Brendan E. Krueger reported multiple equity awards and related share movements. On February 25, 2026, he acquired several blocks of common stock through performance share unit vesting and grants, and had 41,233 shares of common stock withheld at $34.41 per share to cover tax obligations. After these transactions, he directly owned 308,919 shares of common stock.

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^*

Krueger Brendan E.

(Last) (First) (Middle)

1615 WYNKOOP STREET

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ANTERO RESOURCES Corp [ AR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		A		10,026(1)	A	$0	305,943(2)	D
Common stock, par value $0.01 per share	02/25/2026		A		13,482(3)	A	$0	319,425(4)	D
Common stock, par value $0.01 per share	02/25/2026		A		13,026(5)	A	$0	332,451(6)	D
Common stock, par value $0.01 per share	02/25/2026		A		12,952(7)	A	$0	345,403(6)	D
Common stock, par value $0.01 per share	02/25/2026		M		4,749(8)(9)	A	$0	350,152(10)	D
Common stock, par value $0.01 per share	02/25/2026		F		41,233(11)	D	$34.41	308,919(10)	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
Common stock, par value $0.01 per share	(8)(9)	02/25/2026		M			4,749	(8)(9)	(8)(9)	Common stock, par value $0.01 per share	4,749	(8)(9)	0	D

Explanation of Responses:

1. On February 25, 2026, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") certified the Issuer's net debt to adjusted EBITDAX multiple over the third and final performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the performance share units ("PSUs") originally granted on October 19, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. The service-based vesting requirements applicable to the PSUs originally granted on October 19, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple were satisfied as of December 31, 2025.

2. Includes 78,389 shares of common stock of the Issuer ("Common Stock") subject to previously granted restricted stock unit awards ("RSUs") and 64,807 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.

3. On February 25, 2026, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the third and final performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2023 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. The service-based vesting requirements applicable to the PSUs originally granted on March 7, 2023 that vest based on the Issuer's net debt to adjusted EBITDAX multiple were satisfied as of December 31, 2025.

4. Includes 78,389 shares of Common Stock subject to previously granted RSUs and 39,156 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.

5. On February 25, 2026, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the second performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2024 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until December 31, 2026.

6. Includes 78,389 shares of Common Stock subject to previously granted RSUs and 52,182 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.

7. On February 25, 2026, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the first performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2025 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. The service-based vesting requirements applicable to the aforementioned tranche of PSUs originally granted on March 7, 2025 that vest based on the Issuer's net debt to adjusted EBITDAX multiple were satisfied as of December 31, 2025.

8. On February 25, 2026, the Compensation Committee certified the Issuer's absolute total stockholder return ("TSR") performance over the third performance period, which ran from January 1, 2025 through December 31, 2025, resulting in 25% of the PSUs originally granted on October 19, 2022 that vest based on absolute TSR over such third performance period becoming earned at 99.2% of the target amount granted over such third performance period.

9. On February 25, 2026, the Compensation Committee certified the Issuer's absolute total stockholder return TSR performance over the fourth and final performance period, which ran from January 1, 2023 through December 31, 2025, resulting in 25% of the PSUs originally granted on October 19, 2022 that vest based on absolute TSR over such fourth performance period becoming earned at 27.13% of the target amount granted over such fourth performance period.

10. Includes 78,389 shares of Common Stock subject to previously granted RSUs and 44,662 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.

11. In connection with the vesting and settlement of the PSUs originally granted on October 19, 2022; March 7, 2023; and March 7, 2025 through the issuance of Common Stock pursuant to the Amended and Restated Antero Resources Corporation 2020 Long-Term Incentive Plan, the Issuer withheld Common Stock that would have otherwise 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 25, 2026

Remarks:

Chief Financial Officer, Senior Vice President - Finance and Treasurer

	/s/ Yvette K. Schultz, as attorney-in-fact for Brendan E. Krueger	02/26/2026
	** 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).
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FAQ

What did Brendan E. Krueger report in his latest Form 4 for ANTERO RESOURCES (AR)?

Brendan E. Krueger reported multiple stock awards and related share movements. He received common shares from performance share unit vesting and grants, and had shares withheld to cover tax obligations tied to these equity awards.

How many ANTERO RESOURCES (AR) shares were withheld for Brendan Krueger’s taxes?

A total of 41,233 shares of ANTERO RESOURCES common stock were withheld. The shares were valued at $34.41 per share to satisfy tax withholding obligations arising from vested performance share units.

What is Brendan E. Krueger’s ANTERO RESOURCES (AR) share ownership after these transactions?

Following the reported equity awards and tax-related share withholding, Brendan E. Krueger directly owned 308,919 shares of ANTERO RESOURCES common stock, according to the Form 4 ownership figures reported after the final transaction on February 25, 2026.

Were Brendan Krueger’s ANTERO RESOURCES (AR) transactions open-market buys or sells?

The reported transactions were equity awards, vesting events, and related share withholding. They include option or PSU exercises, grants, and a tax-withholding disposition, rather than open-market purchases or sales of ANTERO RESOURCES stock.

What performance metrics affected Brendan Krueger’s ANTERO RESOURCES (AR) PSUs?

The performance share units were tied to net debt to adjusted EBITDAX multiples and absolute total stockholder return. The Compensation Committee certified these metrics at specified performance levels for various performance periods ending December 31, 2025.

Which ANTERO RESOURCES (AR) share awards remain subject to service-based vesting for Brendan Krueger?

Footnotes state that tens of thousands of ANTERO RESOURCES shares underlying previously granted RSUs and PSUs remain subject to service-based vesting, including awards from grants dated October 19, 2022, March 7, 2023, March 7, 2024, and March 7, 2025.