Form 4: Matador Director Boosts Stake with Stock Purchase

Matador Resources Co. Director Reynald Baribault purchased 400 shares of common stock at $38.49 per share.

Summary

• Director Reynald Baribault acquired 400 shares of Matador Resources Co. common stock.
• The transaction occurred on November 4, 2025, at a price of $38.49 per share.
• The shares were acquired for an Individual Retirement Account (IRA).
• Following this transaction, Mr. Baribault beneficially owns a total of 145,725 shares of common stock, held directly and indirectly through various trusts and an IRA.

Sentiment

Score: 7

Explanation: The insider purchase by a director is a positive signal, indicating confidence in the company's prospects. While the transaction size is relatively small, the act of buying by an insider is generally viewed favorably.

Positives

• A director's purchase of company stock signals confidence in the company's future prospects.
• The acquisition increases the director's personal stake, aligning his interests further with shareholders.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This insider purchase by a director of Matador Resources Co., an independent energy company, suggests confidence in the company's performance within the oil and gas sector. Such transactions are often viewed positively by the market, especially in an industry sensitive to commodity prices and operational efficiency.

Related Party Transactions

• The reporting person disclaims beneficial ownership of shares held in the Reynald A. Baribault Maritalized Revocable Living Trust and the Sally K. Baribault Maritalized Revocable Living Trust, except to the extent of his pecuniary interest therein. Both the reporting person and his spouse are trustees for these trusts.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive indicator of management's belief in the company's value, potentially boosting investor confidence.
• The transaction aligns the director's financial interests more closely with those of other shareholders.

Key Dates

Recommendation

While the insider purchase is a positive signal, indicating management confidence, the transaction size of 400 shares is relatively small in the context of the director's total holdings and the company's market capitalization. It reinforces a 'hold' position for existing investors, suggesting no immediate negative catalysts, but does not present a strong enough signal for a 'buy' recommendation without further fundamental analysis.

Keywords

Matador Resources Co, MTDR, Insider Trading, Director Purchase, Stock Acquisition, SEC Form 4, Beneficial Ownership, Common Stock, Reynald Baribault