Antero Midstream Corp·4

Mar 10, 9:32 PM ET

Schultz Yvette K 4

Research Summary

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Updated

Antero Midstream (AM) General Counsel Yvette Schultz Sells Shares, Receives RSUs

What Happened

  • Yvette K. Schultz, Senior Vice President – Legal, Chief Compliance Officer, General Counsel and Corporate Secretary of Antero Midstream Corporation, received a grant of 97,953 restricted stock units (RSUs) on March 7, 2026.
  • In connection with RSU activity, 66,252 shares were withheld to satisfy tax withholding obligations at a weighted average price of $22.97 (value shown $1,521,808).
  • Separately, Schultz sold 25,000 shares in an open-market transaction on March 9, 2026 at a weighted average price of $22.81 for proceeds of $570,250. The filing reports total disposals of approximately $2.09 million (tax withholding + open-market sale).

Key Details

  • Transaction dates and prices:
    • 2026-03-07: RSU grant of 97,953 shares (value reported $0 at grant).
    • 2026-03-07: 66,252 shares withheld for taxes at $22.97 (total $1,521,808).
    • 2026-03-09: Open-market sale of 25,000 shares at $22.81 (total $570,250).
    • Footnote: open-market sale prices ranged $22.68–$22.90 (weighted avg reported); full breakdown available on request (per filing).
  • Shares owned after the transactions are not explicitly stated on the summary data provided in this notice.
  • Notable footnotes:
    • F1: The new RSUs vest one-third on each of the first three anniversaries of March 7, 2026, subject to continued employment.
    • F3: The tax-withheld share count was determined using the issuer’s closing price on March 6, 2026.
    • Footnotes also note additional previously granted RSUs remain outstanding (377,488 and 226,850 shares referenced).
  • Filing: Form 4 was filed March 10, 2026 (reporting period March 7, 2026).

Context

  • This report combines an award (RSU grant) and routine disposals: shares withheld to cover tax obligations (common with RSU settlements) and an open-market sale. Withholding to satisfy taxes is routine and not necessarily a directional vote on the stock.
  • The RSU grant vests over three years (1/3 per year), so the new award is long-dated and not an immediate transfer of saleable shares.
  • No indication of a 10b5-1 plan or a late filing flag is included in the provided data.