Form 4: Antero Midstream Corp: Officer Sheri Pearce Reports Changes in Beneficial Ownership

Sheri Pearce, Senior Vice President Accounting and Chief Accounting Officer of Antero Midstream Corp, reports acquisition of restricted stock units and withholding of shares for tax obligations.

Summary

• On March 7, 2024, Sheri Pearce, a Senior Vice President at Antero Midstream Corp, reported changes in beneficial ownership.
• Pearce acquired 55,228 restricted stock units (RSUs) under the company's Long Term Incentive Plan.
• These RSUs vest in three equal installments on the anniversaries of March 7, 2024, contingent upon continued employment.
• The report also indicates that 7,235 shares were withheld by the Issuer to cover tax obligations related to the vesting and settlement of RSUs.
• Following these transactions, Pearce beneficially owns 186,660 shares of Antero Midstream Corp common stock, including 167,633 shares subject to unvested RSUs.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects standard executive compensation practices and aligns management interests with shareholders. There are no indications of negative events or concerns.

Positives

• The grant of RSUs aligns the officer's interests with the long-term performance of the company.
• The vesting schedule encourages continued employment and commitment to Antero Midstream Corp.

Future Outlook

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

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

• Shareholders can monitor insider ownership through these filings.
• Employees may be impacted by the vesting of RSUs and related tax implications.

Key Dates