Latest: Officer & Director Sold $2.2M of Shares · May 2026
2 filings analyzed·Latest 2026-05-04
Insider buys
0
Insider sells
2
Unique insiders
2
Direction
Net selling
May 2026
2026-05-04
medium
Kennedy Michael N.
Sell
See Remarks
100,000 shares
$2,192,000
@ $21.92
Significance4/10
Director Michael N. Kennedy sells ~$2.2M in AM shares, reducing stake as stock recovers from recent losses.
Michael N. Kennedy, a director at Antero Midstream, executed a sizeable sale of over 100,000 shares worth approximately $2.2 million—representing a meaningful 6.2% reduction in his holdings. The timing is notable: the stock is trading only slightly below where the sale occurred and has rebounded strongly over the past three months after a recent dip, suggesting Kennedy may be taking profits on a recovery rather than bailing out of a collapsing position. While the company remains profitable with growing revenues, the latest quarter showed a significant earnings miss, adding some context to why a director might choose to trim exposure. This sale alone doesn't signal alarm—directors regularly rebalance portfolios for personal reasons—but combined with the earnings headwind and the stock's vulnerable technical position (still well below its year-high), it warrants noting whether other insiders are also lightening up in coming weeks.
Director Yvette Schultz sold 69,269 shares (10.7% of holdings) for ~$1.52M on May 4, 2026—her fifth open-market sale in 36 months amid stock weakness.
Yvette Schultz, a director at Antero Midstream, sold approximately 10.7% of her holdings in a transaction exceeding $1.5 million—her fifth open-market sale over the past three years and part of a consistent pattern of dispositions. The timing coincides with the stock trading below its 52-week high and in slight decline over the prior month, though the company remains profitable with growing revenues. Schultz's prior sales show mixed timing results, with a three-month win rate suggesting she has caught some downturns correctly, but this latest transaction follows recent weakness rather than occurring at a peak. The sale itself is substantial enough to warrant attention, but the established pattern of repeated selling without any offsetting purchases over this period suggests ongoing portfolio diversification rather than a decisive statement about the company's near-term direction.
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