Schultz Yvette K 4
Research Summary
AI-generated summary
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.