Matador Resources president buys 915 shares

After the purchase, Erman reported 5,165 shares in his 401(k), 78,878 held directly and 2,400 through his Individual Retirement Account.

Available on EDGAR 11/06/2026 - 07:30 AM EST Accepted by SEC EDGAR 11/06/2026 - 07:30 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Matador Resources Co President Bryan A. Erman purchased 915 common shares on November 5, 2026, through his 401(k) account at a weighted average price of $50.79 per share. The shares were purchased in multiple transactions at prices ranging from $50.53 to $51.00 per share. After the purchase, his 401(k) account held 5,165 shares; separate reported holdings were 78,878 shares held directly and 2,400 shares held through his Individual Retirement Account. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Buyer: 915 shares

Net Buy 1 txn

Insider Erman Bryan A

Role President

Bought 915 shs ($46K)

Increase in Position 21.5%

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	915	$50.79	$46K
Holding	Common Stock F2	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 5,165 shares (Indirect, Represents shares held of record by the reporting person's 401(k) account); Common Stock — 78,878 shares (Direct); Common Stock — 2,400 shares (Indirect, Represents shares held of record by the reporting person's Individual Retirement Account)

Holdings Before and After: Common Stock, 4,250 to 5,165 shares (Indirect, Represents shares held of record by the reporting person's 401(k) account)

Other Insiders: 3 other insiders reported open-market purchases of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $50.53 to $51.00 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.
2. F2. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.

Key Figures

Common shares purchased: 915 shares Weighted average purchase price: $50.79 per share Purchase price range: $50.53 to $51.00 per share +3 more

6 metrics

Common shares purchased 915 shares November 5, 2026; held through Erman's 401(k) account

Weighted average purchase price $50.79 per share November 5, 2026

Purchase price range $50.53 to $51.00 per share Prices across multiple transactions

401(k) shares following purchase 5,165 shares November 5, 2026

Directly held shares 78,878 shares Reported November 5, 2026

Individual Retirement Account shares 2,400 shares Reported November 5, 2026

Key Terms

weighted average price, Employee Stock Purchase Plan, Rule 16b-3

3 terms

weighted average price financial

"The price reported is a weighted average price."

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

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MTDR shares did President Bryan A. Erman purchase?

Bryan A. Erman purchased 915 common shares on November 5, 2026, through his 401(k) account at a weighted average price of $50.79 per share. The purchases were made in multiple transactions priced from $50.53 to $51.00 per share; no Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Erman Bryan A

(Last) (First) (Middle)

5400 LBJ FREEWAY

SUITE 1500

(Street)

DALLAS TEXAS 75240

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Matador Resources Co [ MTDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/05/2026		P		915	A	$50.79(1)	5,165	I	Represents shares held of record by the reporting person's 401(k) account
Common Stock								78,878(2)	D
Common Stock								2,400	I	Represents shares held of record by the reporting person's Individual Retirement Account

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $50.53 to $51.00 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.

2. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.

Remarks:

	/s/ Bryan A. Erman, by Derek E. Gabriel as attorney-in-fact	11/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)