Were Yvette K. Schultz’s AR share sales single trades or multiple executions?

The Form 4 discloses that reported prices are weighted averages for multiple executions. The 38,941-share block was sold between $38.72 and $39.70, and the 549-share block between $39.75 and $39.79, with detailed price-by-trade information available upon request from the issuer.

Antero Resources (NYSE: AR) officer sells 39,490 shares in open market

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

ANTERO RESOURCES Corp officer Yvette K. Schultz sold a total of 39,490 shares of common stock in open-market transactions on May 4, 2026. The sales were executed at weighted average prices of $39.26 and $39.76 per share, across multiple trades within disclosed price ranges.

Following these transactions, Schultz directly holds 277,665 shares of Antero Resources common stock. This amount includes 80,814 shares subject to restricted stock unit awards and 43,188 performance share units for which performance has been certified and that remain subject to service-based vesting.

Insider Trade Summary

Net Seller: 39,490 shares ($1,550,652)

Net Sell 2 txns

Insider Schultz Yvette K

Role See Remarks

Sold 39,490 shs ($1.55M)

Type	Security	Shares	Price	Value
Sale	Common stock, par value $0.01 per share	38,941	$39.26	$1.53M
Sale	Common stock, par value $0.01 per share	549	$39.76	$22K

Holdings After Transaction: Common stock, par value $0.01 per share — 278,214 shares (Direct, null)

Footnotes (1)

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.72 to $39.70, 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 ranges set forth in footnotes (1) and (2). The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.75 to $39.79, inclusive. Includes 80,814 shares of common stock of the Issuer subject to restricted stock units awards and 43,188 performance share units in respect of which performance has been certified, in each case that remain subject to service-based vesting.

Key Figures

Shares sold: 39,490 shares Sale price (larger block): $39.26 per share Sale price (smaller block): $39.76 per share +3 more

6 metrics

Shares sold 39,490 shares Total common shares sold in open-market transactions on May 4, 2026

Sale price (larger block) $39.26 per share Weighted average price for 38,941 shares sold

Sale price (smaller block) $39.76 per share Weighted average price for 549 shares sold

Post-transaction holdings 277,665 shares Common shares directly held after sales

Restricted stock units 80,814 shares Shares subject to RSU awards within post-transaction holdings

Performance share units 43,188 units Performance share units with certified performance, subject to service-based vesting

Key Terms

weighted average price, restricted stock units, performance share units, service-based vesting

4 terms

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

restricted stock units financial

"Includes 80,814 shares of common stock of the Issuer subject to restricted stock units awards"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

service-based vesting financial

"in each case that remain subject to service-based vesting."

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 09:43 PM

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^*

Schultz Yvette K

(Last)

(First)

(Middle)

1615 WYNKOOP STREET

(Street)

DENVER

COLORADO

80202

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock, par value $0.01 per share	05/04/2026		S		38,941	D	$39.26⁽¹⁾	278,214⁽³⁾	D
Common stock, par value $0.01 per share	05/04/2026		S		549	D	$39.76⁽²⁾	277,665⁽³⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.72 to $39.70, 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 ranges set forth in footnotes (1) and (2).

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.75 to $39.79, inclusive.

3. Includes 80,814 shares of common stock of the Issuer subject to restricted stock units awards and 43,188 performance share units in respect of which performance has been certified, in each case that remain subject to service-based vesting.

Remarks:

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

	/s/ Yvette K. Schultz	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did AR officer Yvette K. Schultz report?

Yvette K. Schultz reported selling 39,490 shares of Antero Resources common stock in open-market transactions. The trades occurred on May 4, 2026, at weighted average prices of $39.26 and $39.76 per share across multiple individual executions within stated price ranges.

At what prices did Yvette K. Schultz sell Antero Resources (AR) shares?

Schultz sold Antero Resources common shares at weighted average prices of $39.26 and $39.76 per share. Footnotes state the trades occurred in multiple executions within price ranges of $38.72–$39.70 and $39.75–$39.79, with full breakdowns available on request from the issuer.

How many Antero Resources (AR) shares did Yvette K. Schultz sell in total?

She sold a total of 39,490 Antero Resources common shares. The filing shows two open-market sale entries: 38,941 shares at a weighted average price of $39.26 and 549 shares at a weighted average price of $39.76, all executed on May 4, 2026.

How many Antero Resources (AR) shares does Yvette K. Schultz hold after the sale?

After the reported transactions, Schultz directly holds 277,665 Antero Resources common shares. This figure includes 80,814 shares underlying restricted stock unit awards and 43,188 performance share units for which performance has been certified, all still subject to service-based vesting conditions.

What restricted stock and performance units does AR officer Schultz still have?

Schultz’s post-transaction holdings include 80,814 shares tied to restricted stock unit awards and 43,188 performance share units. For the performance share units, performance has been certified, but both types remain subject to service-based vesting before the underlying shares fully vest to her.