Matador taps Erman as co-president after Singleton exit
Rhea-AI Filing Summary
Matador Resources Company (MTDR) disclosed that on September 9, 2026, long-time executive Van H. Singleton, II retired as Co-President – Land, Acquisitions and Divestitures and Planning and moved into a new role as Special Advisor to the Board of Directors and Executive Committee.
His Co-President responsibilities will be assumed by Bryan A. Erman, who has served as Co-President, Chief Legal Officer and Head of M&A since June 2025, while Jonathan J. Filbert, Executive Vice President – Land since October 2023, will take over Singleton’s land and A&D responsibilities. A subsidiary of Matador entered into an Advisor Agreement with Singleton providing an annual fee of $450,000, paid monthly, continued vesting of his outstanding equity awards during the consulting term, and confidentiality, non-competition and non-solicitation covenants. The agreement’s term continues until terminated by either party.
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Advisor annual fee: $450,000 per year
Advisor Agreement effective date: September 9, 2026
Common Stock par value: $0.01 per share
+1 more
4 metrics
Advisor annual fee
$450,000 per year
Compensation to Van H. Singleton, II under the Advisor Agreement, paid monthly
Advisor Agreement effective date
September 9, 2026
Date Van H. Singleton, II retired as Co-President and entered the Advisor Agreement
Common Stock par value
$0.01 per share
Par value of Matador Resources Company common stock listed on the New York Stock Exchange
Company telephone number
(972) 371-5200
Registrant’s telephone number at principal executive offices
Key Terms
Advisor Agreement, non-competition, non-solicitation, long-term incentive plans
4 terms
Advisor Agreement regulatory
"In connection with his transition to a Special Advisor role, on September 9, 2026, Mr. Singleton entered into an Advisor Agreement"
non-competition regulatory
"The Advisor Agreement also includes confidentiality, non-competition and non-solicitation covenants."
A non-competition is a contractual restriction that prevents a person or business from starting or working in a competing business within a specified time and geographic area after leaving a job or completing a transaction. It matters to investors because it acts like a temporary fence around customers, trade secrets and know‑how, helping protect future revenue and company value; weak or unenforceable restrictions can increase the risk of customer loss and competitive erosion.
non-solicitation regulatory
"The Advisor Agreement also includes confidentiality, non-competition and non-solicitation covenants."
A non-solicitation clause is a contractual promise that one party will not actively try to lure away another party’s employees, customers, or suppliers. For investors, it signals protection of a company’s workforce and client base after a deal or partnership—reducing the risk that key staff or revenue sources will be poached and therefore helping preserve the business’s value, predictability, and post-transaction earnings. Think of it as an agreement not to knock on a neighbor’s door to take their business or team.
long-term incentive plans financial
"confirms the continued vesting during the consulting term of Mr. Singleton’s outstanding equity awards granted under the Company’s long-term incentive plans."
Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What leadership change did Matador Resources Company (MTDR) announce?
Matador Resources Company announced that on September 9, 2026, Van H. Singleton, II retired as Co-President – Land, Acquisitions and Divestitures and Planning and transitioned to a new role as Special Advisor to the Board of Directors and Executive Committee.
Who assumes Van H. Singleton’s Co-President role at MTDR?
Bryan A. Erman will assume Van H. Singleton’s role as Co-President. Erman has served as Co-President, Chief Legal Officer and Head of M&A of Matador Resources Company since June 2025.
What are the key terms of Van H. Singleton’s Advisor Agreement with MTDR?
Under the Advisor Agreement effective September 9, 2026, Van H. Singleton, II receives an annual fee of $450,000 paid monthly, continues to vest in his outstanding equity awards during the consulting term, and is subject to confidentiality, non-competition and non-solicitation covenants. The term continues until terminated by either party.
What responsibilities will Jonathan J. Filbert take on at MTDR?
Jonathan J. Filbert, Executive Vice President – Land since October 2023, will assume Van H. Singleton’s responsibilities related to Matador Resources Company’s land and acquisition and divestiture efforts.
To whom will Van H. Singleton report in his Special Advisor role at MTDR?
In his Special Advisor role, Van H. Singleton, II will report to the Chairman of the Board or the Chief Executive Officer of Matador Resources Company, or to other personnel designated by the Chairman or Chief Executive Officer.
Does Van H. Singleton continue to vest in equity awards after retiring from MTDR?
Yes. The Advisor Agreement confirms the continued vesting during the consulting term of Van H. Singleton’s outstanding equity awards granted under Matador Resources Company’s long-term incentive plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
