Matador Resources (NYSE: MTDR) director granted 3,642 RSUs as stock award
Rhea-AI Filing Summary
Baty Robert Gaines reported acquisition or exercise transactions in this Form 4 filing.
Matador Resources director Robert Gaines Baty received an equity grant in the form of restricted stock units. On June 11, 2026, he was awarded 3,642 RSUs at no cash cost as part of his director compensation. These RSUs will vest on June 11, 2027, or earlier if vesting occurs immediately before the 2027 director election.
After this grant, Baty holds 77,038 shares of Matador Resources common stock directly. Delivery of the vested RSUs has been deferred under the company’s Nonqualified Deferred Compensation Plan for Non-Employee Directors until within 30 days of separation from service or a change in control, when he will receive an equal number of common shares.
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Insider Trade Summary
Net Buyer: 3,642 shares
Net Buy
1 txn
Insider
Baty Robert Gaines
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,642 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 77,038 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted to the reporting person on June 11, 2026. Such RSUs will vest on June 11, 2027, or if sooner, immediately prior to the election of the nominees for director at the 2027 annual meeting of shareholders of the Issuer (the "Vesting Date"). Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of all of such vested RSUs to within 30 days of the earlier of (i) separation of service or (ii) a change in control (the "Delivery Date"). On the Delivery Date, such vested RSUs will be deliverable to the reporting person in an equal number of shares of common stock.
Key Figures
RSUs granted: 3,642 units
Vesting date: June 11, 2027
Shares held after grant: 77,038 shares
+1 more
4 metrics
RSUs granted
3,642 units
Restricted stock units granted on June 11, 2026
Vesting date
June 11, 2027
RSUs vest on this date or earlier before 2027 director election
Shares held after grant
77,038 shares
Direct Matador Resources common stock holdings after transaction
Grant price
$0.00 per share
Equity grant made at no cash cost to the director
Key Terms
restricted stock units ("RSUs"), Nonqualified Deferred Compensation Plan for Non-Employee Directors, change in control, Vesting Date
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the reporting person on June 11, 2026."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Nonqualified Deferred Compensation Plan for Non-Employee Directors financial
"Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery"
change in control financial
"within 30 days of the earlier of (i) separation of service or (ii) a change in control (the "Delivery Date")."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Vesting Date financial
"Such RSUs will vest on June 11, 2027, or if sooner, immediately prior to the election ... (the "Vesting Date")."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Matador Resources (MTDR) report for Robert Gaines Baty?
Matador Resources reported that director Robert Gaines Baty received 3,642 restricted stock units on June 11, 2026. The award is a stock-based compensation grant rather than an open-market share purchase or sale.
When do Robert Gaines Baty’s new Matador Resources (MTDR) RSUs vest?
The 3,642 RSUs granted to Robert Gaines Baty vest on June 11, 2027. Vesting may occur sooner if it happens immediately before the election of director nominees at Matador’s 2027 annual shareholder meeting.
Did Robert Gaines Baty buy or sell Matador Resources (MTDR) stock in the market?
The filing shows a grant of 3,642 restricted stock units at zero price, not a market trade. It reflects stock-based compensation rather than an open-market purchase or sale of Matador Resources shares.