Matador Resources (NYSE: MTDR) CEO adds 4,675 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matador Resources Chairman and CEO Joseph Wm Foran reported an open-market purchase of 4,675 shares of common stock. The trade on May 27, 2026 was executed at a weighted average price of $52.36 per share, with individual trades between $52.19 and $52.40. Following this transaction, his directly held stake increased to 6,997 shares.
The filing also details substantial indirect holdings in Matador Resources through multiple family trusts, a family limited partnership, and grantor retained annuity trusts. For these indirect positions, Foran often serves as trustee or settlor and in some cases has sole voting and investment power, while formally disclaiming full beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,675 shares ($244,783)
Net Buy
14 txns
Insider
Foran Joseph Wm
Role
Chairman and CEO
Bought
4,675 shs ($245K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,675 | $52.36 | $245K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,997 shares (Direct, null);
Common Stock — 534,381 shares (Indirect, See footnote)
Footnotes (1)
- The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $52.19 to $52.40 per share, inclusive. The reporting person shall provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16-b3. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. Represents shares held of record by the Foran 2012 Savings Trust for which the reporting person's spouse is a trustee. Includes shares held by the trust following a contribution of shares by the reporting person to the trust, pursuant to the terms thereof. Represents shares held of record by the Foran 2012 Security Trust for which the reporting person is the trustee. Includes shares held by the trust following a contribution of shares by the reporting person's spouse to the trust, pursuant to the terms thereof. Represents shares held of record by Sage Resources, Ltd., which is a limited partnership owned by the reporting person's family, including the reporting person. Represents shares held of record collectively by the LRF 2011 Non-GST Trust, WJF 2011 Non-GST Trust, JNF 2011 Non-GST Trust, SIF 2011 Non-GST Trust and MCF 2011 Non-GST Trust (collectively, the "2011 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2011 Non-GST Trusts, retain the power of substitution with respect to the property of the 2011 Non-GST Trusts. Represents shares held of record collectively by the LRF 2020 Non-GST Trust, WJF 2020 Non-GST Trust, SIF 2020 Non-GST Trust and MCF 2020 Non-GST Trust (collectively, the "2020 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2020 Non-GST Trusts, retain the power of substitution with respect to the property of the 2020 Non-GST Trusts. Represents shares held of record by the JWF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the NNF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the JWF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the NNF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the JWF 2025-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the NNF 2025-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the JWF 2026-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the NNF 2026-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
Key Figures
Open-market purchase size: 4,675 shares
Purchase price: $52.36 per share
Price range: $52.19–$52.40 per share
+2 more
5 metrics
Open-market purchase size
4,675 shares
Common Stock bought in open market on May 27, 2026
Purchase price
$52.36 per share
Weighted average price for the 4,675-share purchase
Price range
$52.19–$52.40 per share
Range of individual trade prices within the reported purchase
Direct holdings after trade
6,997 shares
CEO’s directly owned Matador Resources common stock post-transaction
Net shares bought
4,675 shares
Net buy per transaction summary with no offsetting sales
Key Terms
weighted average price, Employee Stock Purchase Plan, Rule 16-b3, beneficial owner, +2 more
6 terms
weighted average price financial
"The price reported is a weighted average price. These shares were purchased in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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 16-b3 regulatory
"Such acquisitions are exempt under Rule 16-b3."
beneficial owner regulatory
"shall be deemed an admission that such person is... the beneficial owner of these shares."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
GRAT financial
"Represents shares held of record by the JWF 2024-2 GRAT, for which the reporting person is the trustee..."
Non-GST Trusts financial
"collectively, the "2011 Non-GST Trusts"... retain the power of substitution with respect to the property..."
FAQ
What insider transaction did Matador Resources (MTDR) report for its CEO?
Matador Resources (MTDR) disclosed that Chairman and CEO Joseph Wm Foran bought 4,675 shares of common stock in an open-market transaction. The purchase increased his directly held position to 6,997 shares following the trade reported on May 27, 2026.
Does the Matador Resources (MTDR) CEO have indirect ownership through trusts or family entities?
Yes. The filing lists significant indirect holdings in Matador Resources (MTDR) via multiple family trusts, a family limited partnership, and several GRATs. In some entities he has sole voting and investment power, while generally disclaiming beneficial ownership beyond his pecuniary interest.