Schultz Yvette K 4

4 · ANTERO RESOURCES Corp · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 19, 2026

Antero (AR) SVP Yvette Schultz Exercises PSUs; Shares Withheld

What Happened

Yvette K. Schultz (Senior Vice President — Legal; Chief Compliance Officer; General Counsel & Corporate Secretary) had 6,415 performance-based share units convert into common stock on March 16, 2026. To satisfy tax withholding obligations related to the settlement, 8,382 shares were withheld/disposed at $41.03 per share, totaling $343,913.

Key Details

Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely).
Conversion/acquisition: 6,415 shares issued from performance share units (reported as derivative exercise/conversion) at $0.00 cash price.
Withholding/disposition: 8,382 shares withheld/disposed for tax obligations at $41.03 per share = $343,913.
Holdings note: Report references remaining awards that are still subject to service-based vesting, including 80,814 RSU shares and 43,188 PSUs (per footnote).
Footnotes: The 6,415-share issuance stems from the 2023 TSR PSUs; the Compensation Committee certified the fourth performance tranche at 101.52% of target (resulting in 25.38% of total target 2023 TSR PSUs being earned). Withholding was done by the company to satisfy tax obligations per the Amended and Restated 2020 LTIP.

Context

These were settlement/vesting and tax-withholding transactions (not an open-market purchase). Converting PSUs into shares and withholding shares for taxes is a common administrative step when performance awards vest; it does not by itself indicate a bullish or bearish signal about the company.

Form 4

Period: 2026-03-16

See Remarks

Transactions

Exercise/Conversion
Common stock, par value $0.01 per share
[F1][F2]
2026-03-16+6,415→ 325,537 total
Tax Payment
Common stock, par value $0.01 per share
[F3][F2]
2026-03-16$41.03/sh−8,382$343,913→ 317,155 total
Exercise/Conversion
Performance Share Unit
[F1]
2026-03-16−6,415→ 0 total
→ Common stock, par value $0.01 per share (6,415 underlying)

Footnotes (3)

[F1]On March 7, 2023, the Compensation Committee (the "Compensation Committee") of Antero Resources Corp. (the "Issuer") granted performance share units (the "2023 TSR PSUs"), 25% of which vest based on the Issuer's absolute total shareholder return ("TSR") over the fourth and final performance period, which ran from March 7, 2023 through March 7, 2026 (the "Fourth Tranche"). On March 16, 2026, the Compensation Committee certified the Issuer's absolute TSR over the fourth performance period between the target and maximum performance level, resulting in the Fourth Tranche becoming earned at 101.52% of the target amount granted for that tranche and 25.38% of the total target number of 2023 TSR PSUs granted.
[F2]Includes 80,814 shares of common stock of the Issuer ("Common Stock") subject to restricted stock units ("RSU") awards and 43,188 performance share units ("PSUs") in respect of which performance has been certified, in each case that remain subject to service-based vesting.
[F3]In connection with the vesting and settlement of the 2023 TSR PSUs through the issuance of Common Stock pursuant to the Amended and Restated Antero Resources Corporation 2020 Long-Term Incentive Plan, the Issuer withheld Common Stock that would have otherwise been issued to the Reporting Person to satisfy their tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on March 16, 2026.

Signature

/s/ Yvette K. Schultz|2026-03-18

1 file