Matador Resources: Appel buys 600 shares in 401(k)
The reported purchases were held through JNF-1 Trust and Appel’s Roth 401(k), with 3,950 shares in the Roth account afterward.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Matador Resources Co (MTDR) director Shelley F. Appel reported that JNF-1 Trust, for which she is a trustee, purchased 275 shares at $50.25 per share on November 6, 2026, and 475 shares at $49.90 per share on November 9. Her Roth 401(k) account purchased 600 shares at $50 per share on November 9 and held 3,950 shares following that purchase.
Insider Trade Summary
Net Buyer: 1,350 shares
Net Buy
3 txns
Insider
Appel Shelley F
Role
Director
Bought
1,350 shs ($68K)
Increase in Position
26.3%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 475 | $49.90 | $24K |
| Purchase | Common Stock | 600 | $50.00 | $30K |
| Purchase | Common Stock F1 | 275 | $50.25 | $14K |
| Holding | Common Stock F2 | -- | -- | -- |
| Holding | Common Stock F3, F4 | -- | -- | -- |
| Holding | Common Stock F3, F5 | -- | -- | -- |
| Holding | Common Stock F3, F6 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F3, F7 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,672,899 shares (Indirect, See footnote);
Common Stock — 3,950 shares (Indirect, Represents shares held of record by the reporting person's Roth 401(k) account.);
Common Stock — 70,501 shares (Direct);
Common Stock — 5,084 shares (Indirect, Represents shares held of record by the reporting person's Roth Individual Retirement Account.)
Holdings Before and After:
Common Stock, 1,672,149 to 1,672,899 shares (Indirect, See footnote);
Common Stock, 3,350 to 3,950 shares (Indirect, Represents shares held of record by the reporting person's Roth 401(k) account.)
Other Insiders: 7 other insiders reported open-market purchases of this stock in the 30 days up to this filing.
Footnotes (7)
- F1. Represents shares held of record by the JNF-1 Trust for which the reporting person is a trustee.
- F2. Includes 3,642 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.
- 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 her pecuniary interest therein.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. Represents shares held of record by the reporting person's spouse.
Key Figures
Shares purchased by JNF-1 Trust: 275 shares
Purchase price per share: $50.25
Shares purchased by JNF-1 Trust: 475 shares
+5 more
8 metrics
Shares purchased by JNF-1 Trust
275 shares
November 6, 2026
Purchase price per share
$50.25
JNF-1 Trust purchase on November 6, 2026
Shares purchased by JNF-1 Trust
475 shares
November 9, 2026
Purchase price per share
$49.90
JNF-1 Trust purchase on November 9, 2026
Shares purchased in Roth 401(k)
600 shares
November 9, 2026
Purchase price per share
$50
Roth 401(k) purchase on November 9, 2026
Shares held in Roth 401(k) following purchase
3,950 shares
Following the November 9, 2026 purchase
Shares held directly
70,501 shares
November 6, 2026; includes 3,642 restricted stock units
Key Terms
restricted stock units ("RSUs"), beneficial owner, pecuniary interest
3 terms
restricted stock units ("RSUs") financial
"Includes 3,642 restricted stock units ("RSUs")"
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.
beneficial owner regulatory
"shall be deemed an admission that such person is ... the beneficial owner"
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.
pecuniary interest regulatory
"except to the extent of her pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When do Shelley F. Appel’s MTDR restricted stock units vest?
The 70,501 shares reported as held directly on November 6, 2026, include 3,642 restricted stock units granted to Shelley F. Appel on June 11, 2026. They will vest on June 11, 2027, or, if sooner, immediately before the election of nominees at Matador Resources Co’s 2027 annual meeting of shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
