Form 4: Matador CEO Buys $245K in Company Stock

Matador Resources Co. Chairman and CEO Joseph Wm. Foran purchased 5,000 shares of common stock for approximately $245,850.

Summary

• Joseph Wm. Foran, Chairman and CEO of Matador Resources Co. (MTDR), acquired 5,000 shares of common stock.
• The transaction occurred on August 1, 2025, at a weighted average price of $49.17 per share.
• The total value of the purchase was approximately $245,850.
• Following the transaction, Foran directly holds 6,606 shares, which includes shares acquired via the Issuer's Employee Stock Purchase Plan.
• Foran also indirectly holds millions of shares through various family trusts and entities, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 9

Explanation: The Chairman and CEO's significant personal investment in the company's common stock indicates strong conviction in Matador Resources Co.'s future performance and valuation, which is a highly positive signal for investors.

Positives

• Chairman and CEO Joseph Wm. Foran purchased 5,000 shares of Matador Resources Co. common stock, indicating strong confidence in the company's future prospects.
• The purchase was made at a weighted average price of $49.17 per share, totaling approximately $245,850, representing a significant personal investment by top management.

Future Outlook

This filing, a Form 4, reports an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider purchase by the Chairman and CEO of Matador Resources Co. is a company-specific event reflecting management's confidence, rather than a direct reflection of broader industry trends. However, in the context of the energy sector, such insider buying can be interpreted as a positive signal regarding the company's specific assets or strategic direction within the industry.

Related Party Transactions

• Shares held of record by the Foran 2012 Savings Trust, for which the reporting person's spouse is a trustee.
• Shares held of record by the Foran 2012 Security Trust, for which the reporting person is the trustee.
• Shares held of record by Sage Resources, Ltd., a limited partnership owned by the reporting person's family.
• 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"), where the reporting person and spouse, as settlors, retain the power of substitution.
• 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"), where the reporting person and spouse, as settlors, retain the power of substitution.
• Shares held of record by the JWF 2023-2 GRAT and NNF 2023-2 GRAT, for which the reporting person is the trustee and has sole voting and investment power.
• Shares held of record by the JWF 2024-1 GRAT and NNF 2024-1 GRAT, for which the reporting person is the trustee and has sole voting and investment power.
• Shares held of record by the JWF 2024-2 GRAT and NNF 2024-2 GRAT, for which the reporting person is the trustee and has sole voting and investment power.
• Shares held of record by the JWF 2025-1 GRAT and NNF 2025-1 GRAT, for which the reporting person is the trustee and has sole voting and investment power.

Stakeholder Impact

• Shareholders may view the Chairman and CEO's stock purchase as a positive signal, potentially increasing investor confidence in the company's future performance and stock value.

Key Dates

Recommendation

The Chairman and CEO's personal investment of approximately $245,850 into the company's common stock demonstrates strong conviction in Matador Resources Co.'s valuation and future prospects. This insider buying activity, especially from a top executive, is a powerful signal of confidence and suggests a highly positive outlook for investors.

Keywords

Matador Resources, MTDR, insider trading, stock purchase, CEO, Form 4, beneficial ownership, oil and gas