Form 4: Matador CEO Foran Buys 1,000 Shares

Matador Resources Co. Chairman and CEO Joseph Wm. Foran acquired 1,000 shares of common stock at $38.14 per share.

Summary

• Joseph Wm. Foran, Chairman and CEO of Matador Resources Co. (MTDR), purchased 1,000 shares of common stock.
• The transaction occurred on November 6, 2025, at a price of $38.14 per share.
• Following this transaction, Foran directly owns 23,867 shares, which includes shares acquired through the Issuer's Employee Stock Purchase Plan.
• Foran also indirectly holds a significant number of shares through various trusts and a family limited partnership, disclaiming beneficial ownership except to the extent of his pecuniary interest.
• Indirect holdings include 519,881 shares in the Foran 2012 Savings Trust, 484,532 shares in the Foran 2012 Security Trust, and 1,105,913 shares in Sage Resources, Ltd.
• Additional indirect holdings are 1,137,182 shares in the 2011 Non-GST Trusts, 1,347,912 shares in the 2020 Non-GST Trusts, and a total of 838,284 shares across various GRATs (JWF 2024-1, NNF 2024-1, JWF 2024-2, NNF 2024-2, JWF 2025-1, NNF 2025-1, JWF 2025-2, NNF 2025-2).

Sentiment

Score: 7

Explanation: The purchase of shares by the Chairman and CEO is generally a positive signal, indicating management's confidence in the company's valuation and future performance. While the amount is not exceptionally large relative to total holdings, it's a direct investment at market price.

Positives

• Insider buying by the Chairman and CEO, Joseph Wm. Foran, indicates confidence in the company's future prospects.
• The purchase was made at a market price of $38.14 per share, aligning management's financial interests with those of shareholders.

Future Outlook

NA

Industry Context

Insider buying by a CEO in the energy sector, particularly an oil and gas company like Matador Resources, can signal management's belief in the company's resilience and growth prospects amidst fluctuating commodity prices and evolving energy policies. It suggests a positive internal view on future performance, potentially driven by operational efficiencies, successful exploration, or favorable market conditions for oil and gas.

Stakeholder Impact

• Shareholders may view the CEO's purchase as a positive indicator of management's belief in the company's future, potentially boosting investor confidence.
• Employees and other stakeholders might interpret the insider buying as a sign of stability and positive outlook for the company.

Key Dates

Recommendation

While the CEO's purchase of shares is a positive signal, indicating confidence in Matador Resources Co., it is a relatively small transaction compared to the total beneficial ownership. This insider buying reinforces a 'hold' recommendation, suggesting that existing investors maintain their positions based on management's alignment with shareholder interests, but it doesn't present a strong enough catalyst for an immediate 'buy' without further fundamental analysis of the company's operational and financial performance.

Keywords

Matador Resources, MTDR, Joseph Wm. Foran, Insider Trading, Stock Purchase, CEO, Director, SEC Form 4, Energy Sector, Oil and Gas