Form 4: Antero Midstream Corp: Officer Sheri Pearce Reports Stock Grant and Tax Withholding

Sentiment:

SEC Form 4 Filing


Sheri Pearce, Senior Vice President Accounting and Chief Accounting Officer of Antero Midstream Corp, reports the acquisition of 46,040 shares of common stock through a restricted stock unit (RSU) grant and the withholding of 18,490 shares for tax obligations.

Summary

  • On March 7, 2025, Sheri Pearce, a Senior Vice President at Antero Midstream Corp, was granted 46,040 shares of common stock through restricted stock units (RSUs).
  • These RSUs vest in three equal installments on the anniversaries of March 7, 2025, contingent upon continued employment.
  • Additionally, 18,490 shares were withheld by the Issuer to cover tax obligations related to the vesting of RSUs.
  • The withholding price was $16.46 per share.
  • Following these transactions, Pearce directly owns 157,899 shares of Antero Midstream Corp common stock, including 134,351 shares subject to previously granted RSUs that remain subject to vesting.

Sentiment

Score: 6

Explanation: The document reflects standard executive compensation practices. It's neutral in sentiment as it simply reports transactions.

Positives

  • The grant of RSUs aligns the officer's interests with those of the shareholders.
  • The vesting schedule encourages continued employment and contribution to the company.

Future Outlook

The RSUs vest over three years, incentivizing the officer to remain with the company.

Industry Context

Form 4 filings are routine disclosures of insider transactions, providing transparency to investors regarding management's holdings and trading activity in their company's stock.

Stakeholder Impact

  • Shareholders gain insight into management's equity holdings and compensation structure.
  • Employees may be motivated by the company's use of equity-based compensation.

Key Dates

DateDescription
03/07/2025Date of RSU grant and tax withholding.
03/07/2025First vesting date for 1/3 of the granted RSUs.
03/10/2025Date of Form 4 signature.

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