Matador Resources (MTDR) CFO details stock award vesting and tax withholding
Rhea-AI Filing Summary
Matador Resources Company executive Robert T. Macalik, EVP and Chief Financial Officer, reported equity award-related stock transactions. On January 6, 2026, he acquired 3,480 shares of common stock at $0 per share, received in settlement of performance stock units granted on February 16, 2023, which settled at 58% of target based on Matadors relative total shareholder return over a three-year period from January 1, 2023 to December 31, 2025.
On the same date, 1,554 shares were withheld at $41.41 per share to satisfy tax liabilities upon settlement of that 2023 performance stock grant, and no shares were sold by Macalik for this purpose. Following these transactions, he directly beneficially owned 111,119 shares of common stock and also had 35,039 shares held indirectly in an Individual Retirement Account, with his total holdings including restricted stock and shares acquired under the employee stock purchase plan.
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 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 transactions did Matador Resources (MTDR) CFO report on January 6, 2026?
On January 6, 2026, EVP and Chief Financial Officer Robert T. Macalik reported two non-derivative common stock transactions: an acquisition of 3,480 shares at $0 per share from settlement of performance stock units, and a withholding of 1,554 shares at $41.41 per share to cover tax liabilities related to that settlement.