Form 4: Antero Midstream Corp: Officer Schultz Yvette K Reports Stock Grant and Tax Withholding

Sentiment:

SEC Form 4 Filing


Yvette K. Schultz, a Senior Vice President at Antero Midstream Corp, reported the acquisition of shares through a restricted stock unit (RSU) grant and the withholding of shares for tax obligations.

Summary

  • On March 7, 2025, Yvette K. Schultz, a Senior Vice President at Antero Midstream Corp, acquired 120,856 shares of common stock through a restricted stock unit (RSU) grant.
  • These RSUs vest in three equal installments on the anniversaries of March 7, 2025, contingent upon continued employment.
  • Additionally, 48,533 shares were withheld by the Issuer to cover tax obligations related to the vesting and settlement of RSUs.
  • The withholding price was $16.46 per share.
  • Following these transactions, Schultz directly owns 601,390 shares of Antero Midstream Corp.
  • This includes 342,120 shares subject to previously granted RSUs that remain subject to vesting.

Sentiment

Score: 6

Explanation: The document reflects standard executive compensation practices, indicating a neutral sentiment. It's a routine filing and doesn't suggest any significant positive or negative developments.

Positives

  • The RSU grant aligns the executive's interests with the long-term performance of the company.
  • The vesting schedule encourages continued employment and commitment from the executive.

Future Outlook

The RSUs will continue to vest over the next three years, subject to continued employment.

Industry Context

Stock grants and RSU awards are common compensation practices in the energy industry to incentivize executives and align their interests with shareholders.

Stakeholder Impact

  • The RSU grant could have a minor positive impact on shareholder value by aligning executive compensation with company performance.

Key Dates

DateDescription
03/07/2025Date of RSU grant and tax withholding.
03/10/2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.