Kennedy Michael N. 4
4 · Antero Midstream Corp · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Antero Midstream (AM) CEO Michael Kennedy Receives RSU Award
What Happened
Michael N. Kennedy, Chief Executive Officer and President of Antero Midstream Corporation (AM), was granted 261,210 restricted stock units (RSUs) on March 7, 2026. In connection with the vesting/settlement, 108,526 shares were withheld to satisfy tax withholding obligations at an effective price of $22.97 per share (proceeds of $2,492,842). The filing also reports a gift of 15,000 shares (disposition, no cash value reported).
Key Details
- Transaction date: March 7, 2026. Withholding price used: $22.97/share (closing price used to determine withholding was from March 6, 2026).
- Award: 261,210 RSUs granted under the company’s Long Term Incentive Plan; vesting is 1/3 on each of the first three anniversaries of March 7, 2026 (footnote F1).
- Tax withholding (code F): 108,526 shares withheld to satisfy tax liability; reported value $2,492,842.
- Gift (code G): 15,000 shares disposed; no cash reported.
- Previously granted RSUs remaining subject to vesting: filing references 719,114 and 472,354 shares (footnotes F2 and F4).
- Filing timeliness: the Form 4 was filed March 10, 2026 for activity on March 7, 2026; the filing itself does not indicate a late-report flag.
Context
- These RSUs are awards (not open‑market purchases) and vest over time; the tax withholding was handled via share retention (net settlement), not an open-market sale.
- Gifts are non‑market transactions and do not necessarily indicate the insider’s view of the stock.
- For retail investors, awards and routine tax withholding are common insider events; purchases (direct buys) generally carry more interpretive weight than grants or withheld shares.
Insider Transaction Report
Form 4
Kennedy Michael N.
DirectorSee Remarks
Transactions
- Award
Common stock, par value $0.01 per share
[F1][F2]2026-03-07+261,210→ 1,724,120 total - Tax Payment
Common stock, par value $0.01 per share
[F3][F4]2026-03-07$22.97/sh−108,526$2,492,842→ 1,615,594 total - Gift
Common stock, par value $0.01 per share
[F4]2026-03-07−15,000→ 1,600,594 total
Footnotes (4)
- [F1]Reflects the grant of RSUs pursuant to the Amended and Restated Antero Midstream Corporation 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.
- [F2]Includes 719,114 shares of common stock, par value $0.01 per share ("Common Stock"), of Antero Midstream Corporation (the "Issuer") subject to previously granted RSUs that remain subject to vesting.
- [F3]In connection with the vesting and settlement of RSUs through the issuance of Common Stock pursuant to the Plan, the Issuer withheld shares of 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.
- [F4]Includes 472,354 shares of Common Stock subject to previously granted RSUs that remain subject to vesting.
Signature
/s/ Yvette K. Schultz, as attorney-in-fact for Michael N. Kennedy|2026-03-10