Early Access — free while we kick the tires
EdgarHawk

AR ANTERO RESOURCES Corp Insider Trading

Latest: Officer & Director Sold $7.3M of Shares · May 2026

Multiple insiders have been active at ANTERO RESOURCES Corp (AR): 4 distinct insiders account for 1 buy filing and 6 sell filings as of May 2026. Its highest-significance filing in the last 90 days: Officer & Director Kennedy Michael N. sold $7.3M, transaction dated May 2026.

7 filings analyzed · Latest 2026-05-04

Get alerts for AR

Free Form 4 email alerts, scored for significance — see how.

Buys
1
Sells
6
Insiders
4
Direction
Net selling

ANTERO RESOURCES Corp leadership

CEO
Michael N. Kennedy Chief Executive Officer AND President OF Antero Resources Corp — Chief Executive Officer
CFO
Brendan E. Krueger Chief Financial Officer, Senior Vice President – Finance AND Treasurer OF Antero Resources Corp — Chief Financial Officer
General Counsel
Yvette K. Schultz — Chief Compliance Officer, Senior Vice President—Legal, General Counsel and Corporate Secretary
Chair
Benjamin A. Hardesty — Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-04
medium
See Remarks
39,490 shares
$1,550,652
@ $39.27
Significance 4

Officer Yvette K Schultz sells roughly 39,500 shares of Antero Resources, totaling $1.55M

Yvette K Schultz, a company officer, sold approximately 39,500 shares of Antero Resources in a single trading session, reducing her holdings by about 12.5%. While this transaction is material in absolute terms, the timing and context matter: the stock is currently trading roughly 12% below its recent highs after a pullback from elevated levels, suggesting this sale may reflect portfolio rebalancing or liquidity needs rather than loss of confidence. The company itself remains solidly profitable with revenue growth accelerating, which tempers any bearish read on the insider's exit. Officer sales of this magnitude happen frequently and are often driven by personal financial planning rather than company outlook, particularly when fundamentals remain intact.

2026-05-04 10b5-1 Plan
medium
See Remarks
185,826 shares
$7,309,346
@ $39.33
Significance 5

Director Kennedy sells 185K+ shares, third at-ticker disposal in 36 months; stock trades below 52-week highs amid strong fundamentals.

Kennedy Michael N., a director at Antero Resources, sold over 185,000 shares in two transactions on a single day for a combined total of approximately $7.3 million. This represents his second and third open-market sale at this ticker within the past 36 months, following an earlier disposition last year. The stock is currently trading notably below its 52-week high, yet the company itself remains profitable with growing revenue and a reasonable valuation multiple. Kennedy's prior sale at this ticker occurred too recently for outcome data to be available, so there is no established pattern yet of whether his exits have been well-timed. The disposition is material in size relative to his remaining holdings but does not suggest a complete abandonment of his position in the company.

November 2025
2025-11-10
medium
See Remarks
5,000 shares
$166,750
@ $33.35
Significance 5

Krueger purchases 5,000 AR shares at $33.35; holdings now 295,917 shares (+1.7%)

Krueger Brendan E. purchased 5,000 shares of Antero Resources at $33.35 on 2025-11-07, increasing his total holdings from 290,917 to 295,917 shares. The transaction value was $166,750.00. The company faces a headwind of -7.6% annual revenue growth, though current quarter revenue stands at $1,213,994,000.00 with net income of $85,610,000.00. The stock currently trades at $33.85, and has declined -22.7% from its 52-week high of $43.78 yet risen 7.1% over the past 30 days and 4.6% over 90 days. The purchase represents a modest 1.7% increase in Krueger's existing stake and occurred within the broader 52-week trading range, without clear timing context to recent price movements.

May 2025
2025-05-19
low
See Remarks
25,200 shares
$1,004,472
@ $39.86
Significance 4

Schultz sold 25,200 AR shares at $39.86 on 2025-05-16 for $1,004,472; retains 306,819 shares post-sale.

Schultz Yvette K sold 25,200 shares of Antero Resources at $39.86 on 2025-05-16, reducing her holding from 332,019 to 306,819 shares (a -7.6% reduction). The sale price sits 4.4% below the current market price of $39.42 and within the 52-week range of $24.94–$42.00. Across her cross-ticker history, Schultz's prior open-market sells generated a 90-day average return of +1.2% post-transaction, indicating a pattern of selling before stock appreciation. Her singular prior trade at AR (sold 2024-08-05) similarly experienced a +1.2% 90-day return, suggesting her timing at this ticker has not favored her sell decisions. The company carries a high P/E of 46.38 and has experienced annual revenue decline of -7.6% year-over-year, while the 30-day price action remains positive at +14.5%.

2025-05-15
high
1,100,000 shares
$44,884,535
@ $40.80
Significance 7

Director Keenan W Howard JR sold 1,100,000 shares for $44,884,535.05 across 3 transactions, eliminating entire position

Keenan W Howard JR, a director at Antero Resources, executed 3 separate sales totaling 1,100,000 shares for $44,884,535.05 at prices ranging from $40.32 to $41.09, reducing his holdings to zero. This complete liquidation of a seven-figure position occurs while the stock trades near its 52-week high ($42.00), having rallied 21.5% over the prior 30 days. Notably, his prior 3 sales at Antero Resources all showed negative 90-day returns (declines ranging from -20.3% to -26.2%), establishing a pattern of selling ahead of weakness at this specific ticker. The current P/E of 47.33 and annual revenue decline of -7.6% provide fundamental context that may inform evaluation of this exit.

February 2025
2025-02-20
high
900,000 shares
$36,348,410
@ $40.39
Significance 7

Director Keenan W Howard JR sold 900,000 shares (45% of holdings) for $36,348,410.00 at AR across 2 transactions on Feb 18-19, 2025.

Keenan W Howard JR executed two separate sales totaling 900,000 shares (900.0K shares) for $36,348,410.00, representing a 45.0% reduction in his holdings from 2,000,000 shares to 1,100,000 shares. The sales occurred at $39.76 and $40.57, near the 52-week high of $40.74, suggesting execution at elevated price levels. At the same-ticker level, his prior 5 trades at AR show 4 of 5 sales were well-timed at the 90-day mark, a strong timing pattern at this specific security. The current stock price of $39.51 is only -3.0% from the 52-week high, still reflecting strength from the sale window, while the company reports negative net income of $-10,287,000.00 and annual revenue decline of -7.6%, despite a substantial market cap of $12.3B. The magnitude and timing of this stake reduction warrant investor attention given both the director's track record at this ticker and the underlying weakness in the company's financial metrics.

August 2024
2024-08-05
medium
See Remarks
50,000 shares
$1,262,000
@ $25.24
Significance 5

Schultz sold 50,000 shares ($1.3M) of AR at $25.24 amid -34.4% revenue decline and -$60.5M net loss.

Schultz Yvette K sold 50,000 shares (50.0K shares) of Antero Resources at $25.24 on 2024-08-05, reducing holdings from 298,363 shares to 248,363 shares. The sale occurred as AR stock traded -29.3% from its 52-week high of $35.63 and -22.7% over the prior 30 days. Fundamentally, the company reported annual revenue growth of -34.4% and a net loss of $-60,455,000.00 in the latest quarter, signaling operational deterioration. The stock's P/E ratio of 57.27 reflects a depressed valuation relative to negative earnings; combined with deteriorating financial performance and recent price weakness, the transaction does not occur in a context of compelling fundamentals.

Insiders here also file at

More Oil and Gas Extraction companies