Kennedy Michael N. 4
4 · Antero Midstream Corp · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Antero Midstream CEO Michael N. Kennedy Sells 100,000 Shares
What Happened
Michael N. Kennedy, Chief Executive Officer and President of Antero Midstream Corp (AM), reported the sale of 100,000 shares on May 4, 2026. The shares were sold for a weighted average price of $21.92, resulting in gross proceeds of approximately $2,192,000. The filing lists the transaction as an open-market or private sale and is coded as a sale (S).
Key Details
- Transaction date: 2026-05-04
- Price: weighted average $21.92; reported trade prices ranged from $21.57 to $22.06.
- Proceeds: ~$2,192,000 (100,000 shares x $21.92 WAP).
- Post-transaction holdings: the filing does not state a total shares-after number; it does note 472,354 shares are subject to previously granted restricted stock units that remain subject to vesting.
- Footnotes: sale effected under a Rule 10b5-1 trading plan adopted November 6, 2025 (F1); price is a weighted average with range and breakdown available on request (F2); RSU inclusion noted (F3).
- Timeliness: filing reports the transaction date and was filed the same day (no late filing indicated).
Context
This was a sale executed under a pre-established 10b5-1 plan, which typically indicates trades were preplanned rather than spontaneous insider-driven buys/sells. Sales are common and do not necessarily signal a change in view about the company; purchases tend to be more informative about insider bullishness. The filing contains no option exercises or gifts — just a planned sale of common stock.
Insider Transaction Report
- Sale
Common stock, par value $0.01 per share
[F1][F2][F3]2026-05-04$21.92/sh−100,000$2,192,000→ 1,500,594 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 6, 2025.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.57 to $22.06, 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 range set forth in this footnote (2).
- [F3]Includes 472,354 shares of Common Stock subject to previously granted restricted stock units that remain subject to vesting.