Matador CEO buys 482 shares in open-market trade
Matador Resources Chairman and CEO Joseph Wm Foran reported an open-market purchase of 482 shares of common stock on May 29, 2026 at a weighted average price of $52.70 per share, with individual trade prices ranging from $52.57 to $52.73.
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Form Type
4
Rhea-AI Filing Summary
Matador Resources Chairman and CEO Joseph Wm Foran reported an open-market purchase of 482 shares of common stock on May 29, 2026 at a weighted average price of $52.70 per share, with individual trade prices ranging from $52.57 to $52.73.
Following this purchase, he holds 7,479 shares directly. Additional indirect holdings are reported through various family trusts, family limited partnerships and GRATs, some of which give him sole voting and investment power, although he formally disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
Net Buyer: 482 shares
Net Buy
14 txns
Insider
Foran Joseph Wm
Role
Chairman and CEO
Bought
482 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 482 | $52.70 | $25K |
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Holdings After Transaction:
Common Stock — 7,479 shares (Direct);
Common Stock — 5,448,658 shares (Indirect, See footnote)
Footnotes (16)
- F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $52.57 to $52.73 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.
- F2. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. 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.
- F14. 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.
- F15. 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.
- F16. 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
Shares purchased: 482 shares
Weighted average purchase price: $52.70 per share
Direct holdings after transaction: 7,479 shares
+5 more
8 metrics
Shares purchased
482 shares
Open-market common stock purchase on May 29, 2026
Weighted average purchase price
$52.70 per share
Open-market trades with prices from $52.57 to $52.73
Direct holdings after transaction
7,479 shares
Common stock held directly by CEO after May 29, 2026 trade
Foran 2012 Savings Trust holdings
238,200 shares
Indirect ownership via Foran 2012 Savings Trust
Foran 2012 Security Trust holdings
92,009 shares
Indirect ownership via Foran 2012 Security Trust
Sage Resources, Ltd. holdings
1,347,912 shares
Indirect holdings via family-owned limited partnership
2011 Non-GST Trusts holdings
1,137,182 shares
Indirect holdings across multiple 2011 Non-GST Trusts
2020 Non-GST Trusts holdings
1,105,913 shares
Indirect holdings across multiple 2020 Non-GST Trusts
Key Terms
Employee Stock Purchase Plan, Rule 16b-3, Non-GST Trusts, GRAT, +2 more
6 terms
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.
Non-GST Trusts financial
"collectively, the "2011 Non-GST Trusts"."
GRAT financial
"Represents shares held of record by the JWF 2024-2 GRAT, for which the reporting person is the trustee."
pecuniary interest financial
"The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Matador Resources (MTDR) disclose for Joseph Wm Foran?
Matador Resources reported that Chairman and CEO Joseph Wm Foran bought 482 shares of common stock in an open-market transaction. The trade occurred on May 29, 2026 at a weighted average price of $52.70 per share, according to the Form 4 filing footnotes.
What indirect Matador Resources (MTDR) holdings are associated with Joseph Wm Foran?
The filing lists multiple indirect positions, including shares held by the Foran 2012 Savings Trust, the Foran 2012 Security Trust, Sage Resources, Ltd., several 2011 and 2020 Non-GST Trusts, and multiple GRATs where Foran or his spouse serve as trustees or settlors.
Does Joseph Wm Foran claim full beneficial ownership of his indirect MTDR holdings?
No. A footnote states the reporting person disclaims beneficial ownership of the indirectly held shares, except to the extent of his pecuniary interest. The statement clarifies that filing the Form 4 is not an admission of beneficial ownership for Section 16 purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
