Form 4: Antero Midstream Corp Director Paul M. Rady Reports Stock Transaction
SEC Form 4 Filing
Paul M. Rady, a director and executive officer of Antero Midstream Corp, reports the withholding of 190,087 shares of common stock to cover tax obligations related to the vesting of restricted stock units.
Summary
- On April 15, 2024, Paul M. Rady, a director, Chairman of the Board, Chief Executive Officer & President of Antero Midstream Corp, had 190,087 shares of common stock withheld by the Issuer to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- The withholding was based on a price of $13.66 per share.
- Following the transaction, Rady beneficially owns 2,712,191 shares of common stock, which includes 1,364,590 shares subject to previously granted RSUs that remain subject to vesting.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the insider's holdings due to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock transaction (tax withholding related to RSU vesting) |
| 04/17/2024 | Date of signature on the Form 4 filing |
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