Matador Resources (MTDR) director granted 3,642 RSUs, now holds 70,501 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Appel Shelley F reported acquisition or exercise transactions in this Form 4 filing.
Matador Resources director Shelley F. Appel reported receiving 3,642 restricted stock units (RSUs) of common stock on June 11, 2026 as a compensation grant. These RSUs will vest, and an equal number of shares will be delivered, on June 11, 2027 or earlier immediately before the 2027 director election at the annual shareholders meeting.
Following the grant, Appel directly holds 70,501 shares of Matador Resources common stock. The filing also lists several indirect holdings through family and trust entities, including shares held by a family limited partnership, multiple Non-GST trusts, a trust where Appel serves as trustee, a spouse account, and retirement accounts. Appel disclaims beneficial ownership of these indirect positions except to the extent of her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Appel Shelley F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,642 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,501 shares (Direct, null);
Common Stock — 1,105,913 shares (Indirect, See footnote)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted to the reporting person on June 11, 2026. Such RSUs will vest, and an equal number of shares of common stock will be deliverable to the reporting person on June 11, 2027, or if sooner, immediately prior to the election of nominees for director at the 2027 annual meeting of shareholders of the Issuer. 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 her pecuniary interest therein. 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. Represents shares held of record by the SIF 2020 Non-GST Trust (the "2020 Non-GST Trust"). The reporting person is a beneficiary of the 2020 Non-GST Trust. Represents shares held of record by the SIF 2011 Non-GST Trust (the "2011 Non-GST Trust"). The reporting person is a beneficiary of the 2011 Non-GST Trust. Represents shares held of record by the JNF-1 Trust for which the reporting person is a trustee. Represents shares held of record by the reporting person's spouse.
Key Figures
RSU grant: 3,642 units
Vest date: June 11, 2027
Direct holdings after grant: 70,501 shares
+5 more
8 metrics
RSU grant
3,642 units
Restricted stock units granted June 11, 2026
Vest date
June 11, 2027
RSUs vest or earlier before 2027 director election
Direct holdings after grant
70,501 shares
Common stock directly held by Shelley F. Appel
Family LP holdings
1,105,913 shares
Held by Sage Resources, Ltd., family limited partnership
JNF-1 Trust holdings
336,978 shares
Held by JNF-1 Trust where Appel is trustee
Spouse holdings
227,416 shares
Common stock held by reporting person’s spouse
Roth IRA holdings
5,084 shares
Held in reporting person’s Roth Individual Retirement Account
Roth 401(k) holdings
3,350 shares
Held in reporting person’s Roth 401(k) account
Key Terms
restricted stock units ("RSUs"), Section 16 of the Securities Exchange Act of 1934, Non-GST Trust, pecuniary interest, +1 more
5 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.
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
Non-GST Trust financial
"Represents shares held of record by the SIF 2020 Non-GST Trust (the "2020 Non-GST Trust")."
pecuniary interest financial
"The reporting person disclaims beneficial ownership of these shares, except to the extent of her pecuniary interest therein."
limited partnership financial
"Represents shares held of record by Sage Resources, Ltd., which is a limited partnership owned by the reporting person's family"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
FAQ
What did Matador Resources (MTDR) director Shelley Appel report in this Form 4?
Shelley F. Appel reported a grant of 3,642 restricted stock units in Matador Resources common stock. The award is compensation, not an open-market purchase, and increases her directly held shares to 70,501 after the transaction.
How do Shelley Appel’s new RSUs at Matador Resources (MTDR) vest?
The 3,642 RSUs granted to Shelley Appel vest in full on June 11, 2027. They may vest earlier immediately before director elections at Matador’s 2027 annual shareholder meeting, when an equal number of common shares will be delivered.
Are Shelley Appel’s Matador Resources (MTDR) RSUs an open-market stock purchase?
No, the 3,642 Matador Resources units are a restricted stock unit grant, categorized as a compensation award. The filing shows a price per share of $0.0000, indicating no cash was paid in an open-market transaction for these shares.
What indirect Matador Resources (MTDR) holdings are reported for Shelley Appel?
The Form 4 lists indirect holdings in Matador Resources through a family limited partnership, two Non-GST trusts, another trust where Appel is trustee, her spouse, and retirement accounts. Appel disclaims beneficial ownership of these shares except for her pecuniary interest.