Matador Resources (MTDR) EVP boosts holdings with 850-share ESPP buy
Rhea-AI Filing Summary
Matador Resources Co executive William Thomas Elsener, EVP of Reservoir Engineering, purchased 850 shares of Matador common stock on 2026-08-10 at $50.94 per share. The shares were acquired through the company’s Employee Stock Purchase Plan, which is exempt under Rule 16b-3, bringing his direct holdings to 114,879 shares.
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Insider Trade Summary
Net Buyer: 850 shares
Net Buy
1 txn
Insider
Elsener William Thomas
Role
EVP, Reservoir Engineering
Bought
850 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 850 | $50.94 | $43K |
Holdings After Transaction:
Common Stock — 114,879 shares (Direct)
Footnotes (1)
- F1. Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16b-3
Key Figures
Shares purchased: 850 shares
Purchase price: $50.94 per share
Holdings after transaction: 114,879 shares
3 metrics
Shares purchased
850 shares
Common stock acquired on 2026-08-10
Purchase price
$50.94 per share
Price paid for the 850 common shares
Holdings after transaction
114,879 shares
Direct ownership following the 2026-08-10 purchase
Key Terms
Employee Stock Purchase Plan, Rule 16b-3, Common Stock
3 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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Matador Resources (MTDR) report for William Thomas Elsener?
Matador Resources reported that EVP, Reservoir Engineering, William Thomas Elsener bought 850 shares of common stock on 2026-08-10 through the company’s Employee Stock Purchase Plan, increasing his direct ownership to 114,879 shares.
Was the MTDR insider purchase made under an Employee Stock Purchase Plan?
Yes. The Form 4 notes that the 850 shares were acquired under Matador Resources’ Employee Stock Purchase Plan. The filing states these acquisitions are exempt under Rule 16b-3, indicating they are part of a company compensation-related program.
AI-generated analysis. How Rhea-AI works. Not financial advice.