Matador (MTDR) Insider Purchase: Foran Reports 2,000-Share Buy
Rhea-AI Filing Summary
Matador Resources Co. (MTDR) insider filing shows Joseph Wm. Foran, Chairman and CEO, purchased 2,000 shares of Matador common stock on 08/19/2025 at $46.25 per share. After the transaction, the filing reports Mr. Foran directly beneficially owns 8,606 shares, and discloses substantial additional indirect holdings across trusts, partnerships and GRATs totaling multiple reported blocks (e.g., 518,708; 1,105,913; 1,137,182; 1,347,912 shares among others). The filing clarifies certain positions are disclaimed as beneficial ownership except for pecuniary interest and identifies trustee roles over several trusts.
Positive
- Insider purchase: Chairman and CEO Joseph Wm. Foran purchased 2,000 shares at $46.25 on 08/19/2025, explicitly reported on Form 4
- Substantial aggregate holdings disclosed: The filing documents large indirect holdings across trusts and entities (examples include 518,708, 1,105,913, 1,347,912 shares), clarifying ownership structure
Negative
- None.
Insights
TL;DR: CEO bought 2,000 shares at $46.25; filing shows very large indirect family/trust holdings, mixed signal for liquidity but not a material governance event.
The direct open-market purchase of 2,000 shares by the Chairman/CEO is an explicit insiders' buy at $46.25, which can signal personal purchase conviction but is modest relative to the large indirect positions reported. The statement lists numerous trust and partnership holdings totaling several large share blocks, though the reporting person disclaims beneficial ownership of many of those shares except for pecuniary interest or trustee powers. For investors, this is a routine Section 16 disclosure of an insider purchase and aggregation of familial/trust holdings, not a corporate-action disclosure.
TL;DR: Insider purchase is routine and the form documents control/interest via trusts; no leadership change or governance action disclosed.
The filing confirms Mr. Foran serves as Chairman and CEO and documents trustee roles and substitution powers for multiple family trusts and GRATs holding shares. These disclosures clarify ownership structure and potential voting/investment control without indicating any change in governance, compensation, or board composition. The form is informational under Section 16 and does not present a governance red flag based on the disclosed items.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $46.25 | $93K |
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Footnotes (1)
- Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16-b3. 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. Represents shares held of record by the Foran 2012 Savings Trust for which the reporting person's spouse is a trustee. Represents shares held of record by the Foran 2012 Security Trust for which the reporting person is the trustee. 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 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. 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. Represents shares held of record by the JWF 2023-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the NNF 2023-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the JWF 2024-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the NNF 2024-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. 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. 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. 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. 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.
