Insider Trading March 10, 2026

Antero Midstream Accounting Chief Disposes $318,640 in Shares; Retains Majority Stake

Senior VP of Accounting Sheri Pearce records sale amid recent RSU vesting as AM trades near its 52-week high

By Jordan Park AM
Antero Midstream Accounting Chief Disposes $318,640 in Shares; Retains Majority Stake
AM

Sheri Pearce, Senior Vice President of Accounting and Chief Accounting Officer at Antero Midstream Corp (AM), sold 14,000 shares for $318,640 on March 10, 2026, shortly after receiving a restricted stock unit grant. The transactions occurred while AM shares trade close to their 52-week peak and following the company’s mixed fourth-quarter 2025 results and a $400 million asset disposition.

Key Points

  • Sheri Pearce, Antero Midstream Senior VP of Accounting and CAO, sold 14,000 shares on March 10, 2026 for $318,640 at a weighted average price of $22.76 (range $22.66-$22.87).
  • Pearce was granted 32,651 RSUs on March 7, 2026 (recorded at $0); 25,240 shares were withheld to cover taxes at $22.97, totaling $579,762, and she now directly owns 99,900 shares.
  • Antero Midstream is trading near its 52-week high of $23.10, up 28.5% year-to-date and 41% over the trailing year; the company has a P/E of 26.37 and a dividend yield of 3.98%.

Sheri Pearce, who serves as Senior Vice President of Accounting and Chief Accounting Officer at Antero Midstream Corp (NYSE: AM), executed an insider sale of company stock on March 10, 2026, disposing of 14,000 shares for aggregate proceeds of $318,640.

The sale was reported on a Form 4 filed with the Securities and Exchange Commission. According to the filing, the shares were sold at a weighted average price of $22.76, with individual transaction prices ranging from $22.66 to $22.87.

Prior to that sale, Pearce received a grant of restricted stock units (RSUs) on March 7, 2026. The Form 4 indicates she was granted 32,651 shares of common stock at a reported value of $0, reflecting the accounting treatment for the RSU award. On the same day as the grant, the issuer withheld 25,240 shares to satisfy tax withholding obligations tied to the vesting and settlement of those RSUs; the shares withheld were recorded at a price of $22.97 and a dollar amount of $579,762.

After accounting for the March transactions, Pearce is listed as directly owning 99,900 shares of Antero Midstream common stock.


Market context for the insider activity is provided in the filing and related corporate disclosures. Antero Midstream shares are trading near a 52-week high of $23.10. Over the course of the year to date, the stock has delivered a 28.5% gain, and it has returned 41% over the past 12 months.

Valuation metrics referenced in the filing note that InvestingPro analysis currently places Antero Midstream among companies considered overvalued relative to their Fair Value, listing it on a Most Overvalued list. The company is reported to trade at a price-to-earnings ratio of 26.37 and offers a dividend yield of 3.98%. For those seeking expanded research, a Pro Research Report covering this company and more than 1,400 other U.S. equities is available through the referenced service.


The filing also recaps recent corporate results and transactions. Antero Midstream reported fourth-quarter 2025 earnings per share of $0.28, which exceeded analyst expectations of $0.25. Revenue for the quarter was $287.48 million, below the consensus projection of $296.79 million.

Separately, the company completed the sale of its Utica Shale midstream assets for $400 million. The purchaser was identified as an affiliate of Natural Resources, Inc. and Northern Oil and Gas, Inc. The sale closed in accordance with a purchase and sale agreement that was originally executed in December 2025.

These disclosures capture both the insider transaction by a senior accounting officer and recent operational and financial developments at Antero Midstream, providing investors with detailed transaction-level information alongside the company's latest reported performance metrics.

Risks

  • The company reported fourth-quarter 2025 revenue of $287.48 million, below analyst expectations of $296.79 million - a shortfall that may affect near-term investor sentiment; this impacts energy and midstream market participants.
  • InvestingPro analysis places AM among stocks trading above Fair Value, which could increase valuation risk for equity investors in the energy midstream sector.
  • Founder or executive selling activity, such as the March 10 insider sale, may be interpreted by some market participants as a signal of personal liquidity needs rather than company-specific concerns, introducing uncertainty for equity trading dynamics in the midstream sector.

More from Insider Trading

SBC Medical CEO Disposes $9.38M in Shares as Company Pursues Growth Moves Mar 10, 2026 Hinge Health Executive Chairman Sells $7.5M in Class A Shares and Converts Class B Stock Mar 10, 2026 Shake Shack COO Disposes $21,060 in Stock; Ownership Remains Substantial Mar 10, 2026 Waters Corp Director Richard H. Fearon Purchases $306,340 in Company Stock Mar 10, 2026 Lee Enterprises Director David Hoffmann Buys 74,600 Shares Valued at About $683k Mar 10, 2026