Matador Resources (MTDR) EVP Krug retires, shifts to paid advisor role

Rhea-AI Filing Summary

Matador Resources Company announced that G. Gregg Krug, its Executive Vice President – Marketing and Midstream Strategy, plans to retire effective February 28, 2026 at age 65. After retiring from his executive role, he will become a Special Advisor to the Chief Executive Officer and Executive Committee.

In connection with this transition, a subsidiary of Matador entered into an Advisor Agreement with Mr. Krug on January 21, 2026. The agreement becomes effective on February 28, 2026, runs through December 31, 2026 and can be extended month-to-month. Mr. Krug will receive a $1,000 monthly fee and will provide advisory services while being subject to confidentiality, non-competition and non-solicitation covenants.

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, and exhibit attachments filed with this report.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

  _________________________________

FORM 8-K

_________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported) January 16, 2026

 _________________________________

Matador Resources Company

(Exact name of registrant as specified in its charter)

   _________________________________

Texas

001-35410

27-4662601

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

5400 LBJ Freeway,			Suite 1500			75240
Dallas,			Texas
(Address of principal executive offices)						(Zip Code)

Registrant’s telephone number, including area code: (972) 371-5200

Not Applicable

(Former name or former address, if changed since last report)

_________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

MTDR

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 16, 2026, G. Gregg Krug informed Matador Resources Company (the “Company”) of his decision to retire, at the age of 65, from his role as Executive Vice President - Marketing and Midstream Strategy of the Company effective February 28, 2026. Upon his retirement, Mr. Krug will transition to a role of Special Advisor to the Company’s Chief Executive Officer and Executive Committee. The Company thanks Mr. Krug for his many contributions to the Company and his friendship during his nearly 14 years at the Company and, in particular, for his role in building the Company’s midstream business. The Company wishes him well in his retirement and looks forward to him continuing as a shareholder, advisor and a friend.

In connection with his transition to a Special Advisor role, on January 21, 2026, Mr. Krug entered into an Advisor Agreement (the “Advisor Agreement”) with a subsidiary of the Company, which agreement will be effective simultaneously with Mr. Krug’s retirement on February 28, 2026 and has a term expiring on December 31, 2026, subject to month-to-month extensions thereafter. Mr. Krug will report to the Chief Executive Officer and Executive Committee of the Company and provide certain services as outlined in the Advisor Agreement. The Advisor Agreement provides for a monthly fee of $1,000 and includes confidentiality, non-competition and non-solicitation covenants. The foregoing description of the Advisor Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Advisor Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.						Description of Exhibit
10.1						Advisor Agreement between MRC Energy Company and G. Gregg Krug, effective February 28, 2026.
104						Cover Page Interactive Data File, formatted in Inline XBRL (included as Exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MATADOR RESOURCES COMPANY

Date: January 23, 2026

By:

/s/ Bryan A. Erman

Name:

Bryan A. Erman

Title:

Co-President

FAQ

What executive change did Matador Resources Company (MTDR) disclose in this 8-K?

Matador Resources Company disclosed that G. Gregg Krug, Executive Vice President – Marketing and Midstream Strategy, will retire effective February 28, 2026 and transition to a Special Advisor role.

What role will G. Gregg Krug have at Matador Resources Company (MTDR) after retirement?

Following his retirement on February 28, 2026, G. Gregg Krug will serve as a Special Advisor to Matador’s Chief Executive Officer and Executive Committee under an Advisor Agreement.

What are the key terms of the Advisor Agreement for G. Gregg Krug at Matador Resources (MTDR)?

The Advisor Agreement is effective February 28, 2026, runs through December 31, 2026 with month-to-month extensions, pays a $1,000 monthly fee, and includes confidentiality, non-competition and non-solicitation covenants.

Who does G. Gregg Krug report to under the new Advisor Agreement at Matador Resources (MTDR)?

Under the Advisor Agreement, G. Gregg Krug will report to the Chief Executive Officer and Executive Committee of Matador Resources Company.

Which exhibit in the 8-K contains the full Advisor Agreement for Matador Resources (MTDR)?

The full text of the Advisor Agreement between MRC Energy Company and G. Gregg Krug is filed as Exhibit 10.1 and is incorporated by reference.

Does the Matador Resources (MTDR) filing mention any financial compensation for the advisor role?

Yes. The filing states that under the Advisor Agreement, G. Gregg Krug will receive a $1,000 monthly fee for his services as Special Advisor.