Form 4: Antero Midstream CEO Paul Rady Reports Stock Transactions Following PSU Vesting
SEC Form 4 Filing
Antero Midstream's CEO, Paul Rady, reports the acquisition and disposal of company stock related to the vesting and settlement of performance share units (PSUs) and tax withholding obligations.
Summary
- Paul Rady, CEO of Antero Midstream Corp, reported transactions involving the company's common stock on February 27, 2025.
- These transactions are related to the vesting and settlement of performance share units (PSUs) granted on April 15, 2022, which vested based on the Issuer's return on invested capital over a three year period.
- Rady acquired 421,098 shares of common stock through the settlement of PSUs.
- The company withheld 185,199 shares to satisfy tax withholding obligations related to the PSU vesting at a price of $16.22 per share.
- Following these transactions, Rady beneficially owns 2,948,090 shares of Antero Midstream common stock, including 1,364,590 shares subject to vesting restrictions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| April 15, 2022 | Date the performance share units (PSUs) were originally granted. |
| February 27, 2025 | Date of the stock transactions related to PSU vesting and tax withholding. |
| March 03, 2025 | Date of the Form 4 filing. |
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