Matador (NYSE: MTDR) CEO adds 400 shares in open-market buy
Rhea-AI Filing Summary
Matador Resources Co (MTDR) reported that Chairman and CEO Joseph Wm Foran purchased 400 shares of common stock on August 17, 2026 in an open-market or private transaction at a weighted average price of $53.64 per share, including shares acquired under the company’s Employee Stock Purchase Plan. Following this transaction, he directly holds 31,017 common shares, in addition to various indirect holdings through family trusts and related entities for which he generally disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares
Net Buy
14 txns
Insider
Foran Joseph Wm
Role
Chairman and CEO
Bought
400 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 400 | $53.64 | $21K |
| holding | Common Stock F3, F4 | -- | -- | -- |
| holding | Common Stock F3, F5 | -- | -- | -- |
| holding | Common Stock F3, F6 | -- | -- | -- |
| holding | Common Stock F3, F7 | -- | -- | -- |
| holding | Common Stock F3, F8 | -- | -- | -- |
| holding | Common Stock F3, F9 | -- | -- | -- |
| holding | Common Stock F3, F10 | -- | -- | -- |
| holding | Common Stock F3, F11 | -- | -- | -- |
| holding | Common Stock F3, F12 | -- | -- | -- |
| holding | Common Stock F3, F13 | -- | -- | -- |
| holding | Common Stock F3, F14 | -- | -- | -- |
| holding | Common Stock F3, F15 | -- | -- | -- |
| holding | Common Stock F3, F16 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,017 shares (Direct);
Common Stock — 5,448,658 shares (Indirect, See footnote)
Footnotes (16)
- F1. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16-b3.
- F2. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $53.63 to $53.65 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.
- 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: 400 shares
Weighted Average Purchase Price: $53.64 per share
Price Range: $53.63–$53.65 per share
+3 more
6 metrics
Shares Purchased
400 shares
Common stock purchased on August 17, 2026 by Joseph Wm Foran
Weighted Average Purchase Price
$53.64 per share
Open-market or private purchase range $53.63 to $53.65 per share
Price Range
$53.63–$53.65 per share
Multiple transactions comprising the reported weighted average price
Direct Holdings After Transaction
31,017 shares
Direct MTDR common stock held by Joseph Wm Foran after the purchase
Net Buy Shares
400 shares
Net of all reported buy and sell transactions in this Form 4
Holding Entries
13 entries
Number of indirect holding lines for trusts and related entities
Key Terms
Employee Stock Purchase Plan, Rule 16-b3, Non-GST Trusts, GRAT, +1 more
5 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 16-b3 regulatory
"Such acquisitions are exempt under Rule 16-b3."
Non-GST Trusts financial
"collectively, the "2011 Non-GST Trusts"."
GRAT financial
"Represents shares held of record by the JWF 2024-2 GRAT"
pecuniary interest financial
"disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest"
FAQ
What insider transaction did MTDR Chairman and CEO Joseph Wm Foran report on this Form 4?
Joseph Wm Foran purchased 400 shares of Matador Resources (MTDR) common stock on August 17, 2026. The filing describes the trade as a purchase in an open-market or private transaction and links part of the acquisition to the company’s Employee Stock Purchase Plan.
Does Joseph Wm Foran have indirect holdings of MTDR stock through trusts or partnerships?
Yes. The Form 4 lists indirect holdings in multiple family trusts, GRATs, and a family limited partnership. A key footnote states he disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest in the respective entities.
Was the MTDR insider trade made under a Rule 10b5-1 trading plan?
No. The document-level checkbox shows no Rule 10b5-1 plan affirmation for this filing. The footnotes also do not reference any pre-arranged trading plan, so the reported August 17, 2026 purchase is not identified as plan-based.
AI-generated analysis. How Rhea-AI works. Not financial advice.
