SEC Filing Analysis: ANTERO RESOURCES Corp (AR)

Executive Summary

• Trading Significance: Low
• Key Takeaway: A director made a small, non-market gift of common stock, representing a negligible percentage of shares outstanding and having no monetary value.
• Market Impact: Neutral. This type of transaction is common for personal financial or estate planning and does not typically influence market sentiment.

Company Information

Field	Value
Company	ANTERO RESOURCES Corp
Ticker Symbol	AR
CIK	0001433270
Industry	CRUDE PETROLEUM & NATURAL GAS

Insider Information

Field	Value
Name	Hardesty Benjamin A.
CIK	0001587768
Title/Position	null
Relationship	Director

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-11-03
Transaction Code	G (Gift)
Security Type	Common stock, par value $0.01 per share
Shares Involved	1,425
Price Per Share	$0.00
Total Value	$0
Shares Owned After	176,557 (Directly)
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$0
% of Market Cap	0.00%
Shares Transacted	1,425
% of Shares Outstanding	0.00046%
Post-Transaction Ownership	177,057 shares (0.057% of outstanding, including indirect holdings)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: The transaction has a value of $0 and involves a number of shares that is insignificant relative to Antero Resources' $9.54 billion market capitalization.
• Ownership Concentration: The director's post-transaction ownership of approximately 0.057% of total shares outstanding is not a controlling stake.
• Transaction Significance: The transaction is a gift, coded as 'G', and represents a negligible fraction (0.00046%) of the company's total shares outstanding. Such transactions are considered low significance from a trading perspective.