Matador Resources (NYSE: MTDR) EVP buys 500 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matador Resources Co executive Glenn W. Stetson, EVP and COO, made an open-market purchase of 500 shares of Common Stock on May 28, 2026 at $53.94 per share. After this buy, he directly holds 94,970 shares of Matador common stock.
His direct holdings include 3,334 shares of restricted stock granted on February 14, 2024 that vest on the third anniversary of the grant date, as well as shares acquired through the company’s Employee Stock Purchase Plan, which are exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($26,970)
Net Buy
1 txn
Insider
Stetson Glenn W
Role
EVP and COO
Bought
500 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $53.94 | $27K |
Holdings After Transaction:
Common Stock — 94,970 shares (Direct, null)
Footnotes (1)
- Includes 3,334 shares of restricted stock granted to the reporting person on February 14, 2024 that vest on the third anniversary of the date of grant. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.
Key Figures
Shares purchased: 500 shares
Purchase price: $53.94 per share
Total direct holdings: 94,970 shares
+2 more
5 metrics
Shares purchased
500 shares
Open-market purchase on May 28, 2026
Purchase price
$53.94 per share
Open-market common stock purchase
Total direct holdings
94,970 shares
Shares directly owned after the transaction
Restricted stock grant
3,334 shares
Granted February 14, 2024; vest on third anniversary
Net buy direction
500 shares net buy
transactionSummary netBuySellShares and direction
Key Terms
restricted stock, Employee Stock Purchase Plan, Rule 16b-3, open-market purchase
4 terms
restricted stock financial
"Includes 3,334 shares of restricted stock granted to the reporting person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Employee Stock Purchase Plan financial
"Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3 regulatory
"Such acquisitions are exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
What insider transaction did Matador Resources (MTDR) report for Glenn W. Stetson?
Glenn W. Stetson, EVP and COO, bought 500 Matador shares in the open market. The purchase occurred on May 28, 2026 at $53.94 per share, increasing his direct common stock holdings to 94,970 shares after the transaction.
What do the restricted stock footnotes mean in the Matador Resources (MTDR) Form 4?
The filing notes 3,334 shares of restricted stock granted on February 14, 2024. These restricted shares vest on the third anniversary of the grant date, meaning they will fully vest three years after February 14, 2024, subject to applicable terms.
Does Glenn W. Stetson have any derivative positions disclosed in this Matador Resources (MTDR) Form 4?
The derivative summary in this Form 4 shows no outstanding derivative positions. There are no option, warrant, or other derivative transactions reported, and the filing focuses solely on the direct common stock purchase and existing restricted stock.