Director at Matador Resources (NYSE: MTDR) receives 3,642 RSUs award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matador Resources director William M. Byerley reported an equity grant of 3,642 restricted stock units (RSUs). The RSUs were granted on June 11, 2026 at no cash cost and will vest on June 11, 2027 or earlier if the 2027 director elections occur sooner.
Under Matador’s Nonqualified Deferred Compensation Plan for Non-Employee Directors, Byerley has deferred delivery of all vested RSUs to within 30 days of the earlier of the fifth anniversary of the vesting date, separation of service, or a change in control, at which time they convert into an equal number of common shares. After this grant, he directly holds 59,453 Matador common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Byerley William M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,642 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 59,453 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 3,642 units
Grant price: $0.0000 per unit
Vesting date: June 11, 2027
+2 more
5 metrics
RSUs granted
3,642 units
Restricted stock units granted on June 11, 2026
Grant price
$0.0000 per unit
Equity award, no cash paid by director
Vesting date
June 11, 2027
Or earlier, before 2027 director elections
Total shares after grant
59,453 shares
Common stock directly owned following transaction
Deferral period
Up to 5 years
RSU delivery within 30 days of fifth anniversary of vesting or earlier trigger
Key Terms
restricted stock units ("RSUs"), Nonqualified Deferred Compensation Plan for Non-Employee Directors, separation of service, change in control
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"
separation of service financial
"to within 30 days of the earlier of (i) the fifth anniversary of the Vesting Date, (ii) separation of service or (iii) a change in control"
change in control financial
"of the earlier of (i) the fifth anniversary of the Vesting Date, (ii) separation of service or (iii) 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.
FAQ
What insider transaction did William M. Byerley report at Matador Resources (MTDR)?
William M. Byerley reported receiving 3,642 restricted stock units in Matador Resources common stock as an equity award. The grant was made on June 11, 2026 and represents compensation as a non-employee director rather than an open-market share purchase or sale.
How many Matador Resources RSUs were granted to Byerley and when do they vest?
Byerley was granted 3,642 restricted stock units in Matador Resources common stock. These RSUs are scheduled to vest on June 11, 2027 or, if earlier, immediately before the election of director nominees at Matador’s 2027 annual shareholder meeting, according to the award terms.