<SEC-DOCUMENT>0001104659-26-020890.txt : 20260226
<SEC-HEADER>0001104659-26-020890.hdr.sgml : 20260226
<ACCEPTANCE-DATETIME>20260226213914
ACCESSION NUMBER:		0001104659-26-020890
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260225
FILED AS OF DATE:		20260226
DATE AS OF CHANGE:		20260226

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kennedy Michael N.
		CENTRAL INDEX KEY:			0001477679
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36120
		FILM NUMBER:		26692194

	MAIL ADDRESS:	
		STREET 1:		707 - 17TH STREET
		STREET 2:		SUITE 3600
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ANTERO RESOURCES Corp
		CENTRAL INDEX KEY:			0001433270
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				800162034
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1615 WYNKOOP STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		303-357-7325

	MAIL ADDRESS:	
		STREET 1:		1615 WYNKOOP STREET
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ANTERO RESOURCES APPALACHIAN CORP
		DATE OF NAME CHANGE:	20100209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ANTERO RESOURCES BARNETT CORP
		DATE OF NAME CHANGE:	20080424
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">On February 25, 2026, the Compensation Committee (the &quot;Compensation Committee&quot;) of Antero Resources Corp. (the &quot;Issuer&quot;) certified the Issuer's net debt to adjusted EBITDAX multiple over the third and final performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the performance share units (&quot;PSUs&quot;) originally granted on October 19, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. The service-based vesting requirements applicable to the PSUs originally granted on October 19, 2022 that vest based on the Issuer's net debt to adjusted EBITDAX multiple were satisfied as of December 31, 2025.</footnote>
        <footnote id="F2">Includes 144,597 shares of common stock of the Issuer (&quot;Common Stock&quot;) subject to previously granted restricted stock unit awards (&quot;RSUs&quot;) and 129,521 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.</footnote>
        <footnote id="F3">On February 25, 2026, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the third and final performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2023 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. The service-based vesting requirements applicable to the PSUs originally granted on March 7, 2023 that vest based on the Issuer's net debt to adjusted EBITDAX multiple were satisfied as of December 31, 2025.</footnote>
        <footnote id="F4">Includes 144,597 shares of Common Stock subject to previously granted RSUs and 76,997 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.</footnote>
        <footnote id="F5">On February 25, 2026, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the second performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2024 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. These PSUs remain outstanding and subject to service-based vesting requirements until December 31, 2026.</footnote>
        <footnote id="F6">Includes 144,597 shares of Common Stock subject to previously granted RSUs and 103,669 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.</footnote>
        <footnote id="F7">On February 25, 2026, the Compensation Committee certified the Issuer's net debt to adjusted EBITDAX multiple over the first performance period, which ran from January 1, 2025 through December 31, 2025, at maximum performance levels, resulting in 33% of the PSUs originally granted on March 7, 2025 that vest based on the Issuer's net debt to adjusted EBITDAX multiple becoming earned at 200% of the target amount granted. The service-based vesting requirements applicable to the aforementioned tranche of PSUs originally granted on March 7, 2025 that vest based on the Issuer's net debt to adjusted EBITDAX multiple were satisfied as of December 31, 2025.</footnote>
        <footnote id="F8">On February 25, 2026, the Compensation Committee certified the Issuer's absolute total stockholder return (&quot;TSR&quot;) performance over the third performance period, which ran from January 1, 2025 through December 31, 2025, resulting in 25% of the PSUs originally granted on October 19, 2022 that vest based on absolute TSR over such third performance period becoming earned at 99.2% of the target amount granted over such third performance period.</footnote>
        <footnote id="F9">On February 25, 2026, the Compensation Committee certified the Issuer's absolute total stockholder return TSR performance over the fourth and final performance period, which ran from January 1, 2023 through December 31, 2025, resulting in 25% of the PSUs originally granted on October 19, 2022 that vest based on absolute TSR over such fourth performance period becoming earned at 27.13% of the target amount granted over such fourth performance period.</footnote>
        <footnote id="F10">Includes 144,597 shares of Common Stock subject to previously granted RSUs and 91,451 shares of Common Stock subject to previously granted PSUs, in each case, that remain subject to service-based vesting.</footnote>
        <footnote id="F11">In connection with the vesting and settlement of the PSUs originally granted on October 19, 2022; March 7, 2023; and March 7, 2025 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 February 25, 2026.</footnote>
    </footnotes>

    <remarks>Chief Executive Officer &amp; President</remarks>

    <ownerSignature>
        <signatureName>/s/ Yvette K. Schultz, as attorney-in-fact for Michael N. Kennedy</signatureName>
        <signatureDate>2026-02-26</signatureDate>
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