Matador Resources (NYSE: MTDR) awards 3,642 RSUs to director Stewart
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEWART KENNETH L. reported acquisition or exercise transactions in this Form 4 filing.
Matador Resources director Kenneth L. Stewart received an equity award of 3,642 restricted stock units. These RSUs were granted on June 11, 2026 at no cash cost to him as part of compensation. The units are scheduled to vest on June 11, 2027, or earlier immediately before the election of directors at the company’s 2027 annual meeting of shareholders. After this grant, Stewart directly holds 94,147 shares of Matador Resources common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STEWART KENNETH L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,642 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 94,147 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 3,642 units
Post-transaction holdings: 94,147 shares
Grant price: $0.0000 per unit
+1 more
4 metrics
RSU grant size
3,642 units
Restricted stock units granted on June 11, 2026
Post-transaction holdings
94,147 shares
Common stock directly held after the award
Grant price
$0.0000 per unit
Equity compensation, no cash paid by director
Vesting date
June 11, 2027
Scheduled RSU vesting or earlier before 2027 annual meeting
Key Terms
restricted stock units ("RSUs"), annual meeting of shareholders, grant, award, or other acquisition
3 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Matador Resources (MTDR) director Kenneth L. Stewart report in this Form 4?
Kenneth L. Stewart reported receiving 3,642 restricted stock units as an equity award. The grant is compensation, not an open-market purchase, and increases his direct holdings to 94,147 Matador Resources common shares after the award, according to the Form 4 disclosure.
When do Kenneth L. Stewart’s newly granted Matador RSUs vest?
The 3,642 restricted stock units granted to Kenneth L. Stewart are scheduled to vest on June 11, 2027. They may vest earlier, immediately before the election of nominees for director at Matador Resources’ 2027 annual meeting of shareholders, at which point shares will be delivered.
Is Kenneth L. Stewart’s Matador RSU award an open-market stock purchase?
No, the award is not an open-market purchase. The Form 4 describes the transaction as a grant or award acquisition of 3,642 restricted stock units at zero dollar price per unit, reflecting stock-based compensation rather than shares bought in the public market.
What type of security did Matador Resources grant to director Kenneth L. Stewart?
Matador Resources granted restricted stock units tied to its common stock. The award consists of 3,642 RSUs that will convert into an equal number of common shares upon vesting, as outlined in the Form 4 footnote describing the equity grant terms.