Form 4: Antero Resources CFO Michael N. Kennedy Reports Stock Transaction
SEC Form 4 Filing
Michael N. Kennedy, CFO of Antero Resources, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Michael N. Kennedy, the Chief Financial Officer and Senior Vice President Finance of Antero Resources Corp, filed a Form 4.
- On April 15, 2024, 12,528 shares of common stock were withheld to cover tax obligations related to the vesting and settlement of restricted stock units (RSUs).
- The withholding occurred at a price of $29 per share.
- Following the transaction, Kennedy beneficially owns 1,082,251 shares of Antero Resources common stock.
- This total includes 196,294 shares subject to RSU awards and 87,734 performance share units that are subject to service-based vesting.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates the CFO's stock withholding for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock transaction (tax withholding related to RSU vesting) |
| 04/17/2024 | Date of Form 4 filing |
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