Matador Resources (NYSE: MTDR) EVP reports stock award vesting and tax withholding
Rhea-AI Filing Summary
Matador Resources Company executive Christopher P. Calvert, EVP and COO, reported equity award activity in company stock. On January 6, 2026, he received 3,480 shares of common stock at $0 per share, settling a 2023 performance stock grant that vested at 58% of its target based on a three-year total shareholder return measure. On the same date, 1,554 shares were withheld by Matador Resources at $41.41 per share to cover tax obligations tied to that settlement, with no shares sold by Calvert. After these transactions, he directly beneficially owned 87,674 common shares, in addition to 40,000 shares held indirectly through his 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,480 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,554 | $41.41 | $64K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares received in settlement of performance stock units granted to the reporting person on February 16, 2023 (the "2023 Performance Stock Grant"), which settled at 58% of target based upon the Issuer's relative total shareholder return over a three-year performance period from January 1, 2023 to December 31, 2025. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3. Includes 2,667 shares of restricted stock granted to the reporting person on February 16, 2023 that vest on the third anniversary of the date of grant. Includes 6,667 shares of restricted stock granted to the reporting person on February 14, 2024 that vest in equal annual installments on the second and third anniversaries of the date of grant. Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability upon settlement of the 2023 Performance Stock Grant. No shares were sold by the reporting person to satisfy this tax liability.
FAQ
What insider activity did Matador Resources (MTDR) report for Christopher P. Calvert?
Matador Resources reported that EVP and COO Christopher P. Calvert received 3,480 shares of common stock from the settlement of a performance stock grant and had 1,554 shares withheld to cover related tax obligations on January 6, 2026.
What indirect holdings in Matador Resources (MTDR) stock does Calvert report?
Calvert reports 40,000 shares of Matador Resources common stock held indirectly, described as shares held of record by his 401(k) account.
What types of equity awards are included in Calvert's Matador Resources (MTDR) holdings?
His holdings include shares from a 2023 performance stock grant, shares acquired under the Employee Stock Purchase Plan, and restricted stock awards granted in 2023 and 2024 that vest on future anniversaries of their grant dates.