[Form 4] ANTERO RESOURCES CORPORATION Insider Trading Activity

Rhea-AI Filing Summary

On 07/10/2025, Antero Resources Corp. (AR) director Benjamin A. Hardesty reported acquiring 1,499 shares of common stock at an exercise price of $0.00, according to the Form 4 filed on 07/14/2025. Following the grant, Hardesty now directly owns 175,972 shares and indirectly controls 500 shares through his spouse.

The transaction was coded “A,” signifying a stock grant or award—typical for director compensation—rather than an open-market purchase. No derivative securities were involved. The filing represents a modest increase in insider ownership and does not, by itself, signal a change in corporate outlook or insider sentiment.

Positive

• Director received 1,499 additional shares, incrementally increasing insider alignment with shareholders.

Negative

• The shares were a zero-cost grant, indicating routine compensation rather than an open-market purchase reflecting insider conviction.

Insights

Corporate Governance Analyst

TL;DR: Routine director stock grant; negligible market impact.

The Form 4 shows a standard equity award of 1,499 shares to Director Benjamin Hardesty at no cost, lifting his direct holdings to 175,972 shares. Because the shares were granted rather than purchased in the open market, the move primarily reflects the company’s regular board compensation structure. The volume is immaterial relative to Antero’s total shares outstanding, so liquidity and ownership concentration remain virtually unchanged. From a governance standpoint, the grant modestly aligns director and shareholder interests but does not suggest heightened confidence or concern. Overall impact on valuation or trading dynamics is neutral.

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
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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^*

Hardesty Benjamin A.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2025

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	07/10/2025		A		1,499	A	$0.00	175,972	D
Common stock, par value $0.01 per share								500	I	By spouse

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:

	/s/ Yvette K. Schultz, as attorney-in-fact for Benjamin A. Hardesty	07/14/2025
	** 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 insider activity did Antero Resources (AR) report?

Director Benjamin A. Hardesty was awarded 1,499 common shares on 07/10/2025.

How many Antero Resources shares does Benjamin Hardesty now own?

After the grant, he directly owns 175,972 shares and indirectly holds 500 shares via his spouse.

Was the transaction an open-market buy?

No. It was coded “A”, meaning a grant or award at $0.00 per share.

Did the filing include any derivative securities?

No derivative securities were reported in this Form 4.

Does this Form 4 signal a change in Antero Resources’ outlook?

The grant appears to be routine compensation and is not inherently indicative of a shift in company outlook.