Antero Resources (NYSE: AR) executive grants stock, sells 15,000 shares
Rhea-AI Filing Summary
ANTERO RESOURCES Corp executive Yvette K. Schultz reported equity compensation grants and a modest share sale. On March 7, 2026, she received 38,629 shares of common stock and 9,657 performance share units as awards, both at no cash cost, under the company’s 2020 Long-Term Incentive Plan.
Also on March 7, 20,270 shares of common stock were withheld by the company to cover tax obligations tied to restricted stock unit vesting, based on a closing share price of $38.83. On March 9, 2026, she executed an open-market sale of 15,000 common shares at a weighted average price of $39.33, leaving her with 319,122 directly held shares. The new PSUs can result in 0% to 200% of the target shares earned, depending on absolute total shareholder return performance over four periods running from March 7, 2026 through March 7, 2029, and continued service.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 15,000 | $39.33 | $590K |
| Grant/Award | Performance Share Unit | 9,657 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.01 per share | 38,629 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 20,270 | $38.83 | $787K |
Footnotes (1)
- Reflects the grant of restricted stock units ("RSUs") pursuant to the Amended and Restated Antero Resources Corporation 2020 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 126,901 shares of common stock, par value $0.01 per share ("Common Stock") of Antero Resources Corporation (the "Issuer") subject to previously granted RSU awards and 55,828 shares of Common Stock subject to performance share units ("PSUs") in respect of which performance has been certified, in each case, that remain subject to service-based vesting. In connection with the vesting and settlement of RSUs through the issuance of Common Stock pursuant to the 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 March 6, 2026. Includes 80,814 shares of Common Stock subject to previously granted RSU awards and 55,828 shares of Common Stock subject to PSU's in respect of which performance has been certified, in each case, that remain subject to service-based vesting. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.67 to $39.67, 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). Each PSU represents a contingent right to receive one share of Common Stock. Vesting of the PSUs granted on March 7, 2026 is contingent upon the achievement of a performance and service requirement. The performance component measures absolute total shareholder return over each of four performance periods: Performance Period One beginning on March 7, 2026 and ending on March 7, 2027, Performance Period Two beginning on March 7, 2027 and ending on March 7, 2028, Performance Period Three beginning on March 7, 2028 and ending on March 7, 2029, and Performance Period Four beginning on March 7, 2026 and ending on March 7, 2029. Continued service is generally required through the end of each such performance period. The performance component for one quarter of the PSUs is determined following the completion of each respective performance period and will be settled shortly thereafter, contingent upon continued service through the end of the applicable performance period. Depending on the level of achievement of such goals, the actual number of PSUs earned could range from 0% to 200% of the target number of PSUs shown in column 5.