Form 4: Director R. Gaines Baty Receives Matador Resources RSUs

Director R. Gaines Baty was granted 3,642 restricted stock units by Matador Resources Company on June 11, 2026.

Summary

• Director R. Gaines Baty acquired 3,642 restricted stock units (RSUs) of Matador Resources Co (MTDR) common stock.
• The grant occurred on June 11, 2026, at a price of $0 per share.
• Following this transaction, the director's total beneficial ownership increased to 77,038 shares.
• The RSUs are subject to a vesting schedule and deferred delivery terms under the company's Nonqualified Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a member of the board.

Negatives

• None identified.

Risks

• Market volatility affecting the future value of the granted equity.
• Vesting and delivery of shares are subject to future service conditions and potential changes in control.

Future Outlook

The RSUs will vest on June 11, 2027, or immediately prior to the 2027 annual meeting of shareholders, with delivery deferred until separation of service or a change in control.

Management Comments

• The transaction represents a standard equity grant to a non-employee director under the company's compensation plan.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard practice in the energy sector to ensure long-term alignment between board members and shareholders, consistent with corporate governance best practices for publicly traded oil and gas companies.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is a standard industry practice among mid-cap energy companies.
• The deferral mechanism aligns with common executive and director compensation structures designed to retain board members.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation.
• Director: Increased equity stake in the company.

Next Steps

• Vesting of the RSUs on June 11, 2027.
• Delivery of common stock upon the director's separation of service or a change in control.

Key Dates

Keywords

Matador Resources, MTDR, Form 4, Insider Transaction, Restricted Stock Units, Director Compensation