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.

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 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)
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		38,629(1)	A	$0.00	354,392(2)	D
Common stock, par value $0.01 per share	03/07/2026		F		20,270(3)	D	$38.83	334,122(4)	D
Common stock, par value $0.01 per share	03/09/2026		S		15,000	D	$39.33(5)	319,122(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
Performance Share Unit	(6)	03/07/2026		A		9,657		(7)(8)	(7)(8)	Common stock, par value $0.01 per share	9,657	$0.00	9,657	D

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

5. 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).

6. Each PSU represents a contingent right to receive one share of Common Stock.

7. 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.

8. 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.

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
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FAQ

What insider transactions did Yvette K. Schultz report at ANTERO RESOURCES (AR)?

Yvette K. Schultz reported equity awards and a small open-market sale. She received 38,629 restricted shares and 9,657 performance share units, had 20,270 shares withheld for taxes, and sold 15,000 common shares while remaining directly invested with 319,122 shares.

How many ANTERO RESOURCES (AR) shares did Yvette K. Schultz sell and at what price?

She sold 15,000 shares of ANTERO RESOURCES common stock in an open-market transaction at a weighted average price of $39.33. The sale occurred in multiple trades between $38.67 and $39.67 per share, according to the disclosed pricing range.

What equity awards did Yvette K. Schultz receive from ANTERO RESOURCES (AR)?

She received 38,629 shares of common stock and 9,657 performance share units as stock-based compensation. These were granted under the Amended and Restated 2020 Long-Term Incentive Plan and generally vest over time, subject to continued employment and, for PSUs, performance goals.

How do the performance share units (PSUs) for ANTERO RESOURCES (AR) vest?

The PSUs vest based on absolute total shareholder return over four performance periods from March 7, 2026 through March 7, 2029. Each period determines one-quarter of the award, and earned PSUs are settled after each period, contingent on continued service through that date.

Why were 20,270 ANTERO RESOURCES (AR) shares withheld from Yvette K. Schultz?

The company withheld 20,270 shares of common stock to satisfy tax withholding obligations tied to restricted stock unit vesting. The withheld share amount was calculated using ANTERO RESOURCES’ March 6, 2026 closing stock price as the valuation basis.

How many ANTERO RESOURCES (AR) shares does Yvette K. Schultz hold after these transactions?

After the reported transactions, she directly holds 319,122 shares of ANTERO RESOURCES common stock. In addition, she has outstanding restricted stock units and performance share units that remain subject to service-based vesting and, for PSUs, future performance certification.