Form 4: Antero Midstream CEO Paul Rady Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
CEO Paul Rady disposed of 149,408 shares of Antero Midstream common stock to cover tax obligations related to the vesting of restricted stock units.
Summary
- On April 15, 2025, Paul M. Rady, CEO of Antero Midstream Corp, disposed of 149,408 shares of common stock.
- The shares were withheld by the Issuer to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs).
- The transaction occurred at a price of $16.73 per share.
- Following the transaction, Rady beneficially owns 3,074,200 shares of Antero Midstream common stock, which includes 1,064,893 shares subject to previously granted RSUs that remain subject to vesting.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and RSU vesting, which is a normal part of executive compensation. It doesn't indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of executive compensation and are common in publicly traded companies. The sale of shares to cover tax obligations is a standard practice when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Disposal of shares to cover tax obligations related to RSU vesting. |
| 04/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Antero Midstream, Paul Rady, Form 4, Share Disposal, Restricted Stock Units, Tax Withholding, Beneficial Ownership, AM
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