Form 4: Matador Resources CEO Joseph Foran Acquires Additional Shares

Matador Resources' Chairman and CEO, Joseph Wm Foran, reports purchasing 2,377 shares of common stock at an average price of $45.92.

Summary

• On March 4, 2025, Joseph Wm Foran, Chairman and CEO of Matador Resources Co, acquired 2,377 shares of common stock at a weighted average price of $45.92.
• The purchases were made in multiple transactions with prices ranging from $45.42 to $46.12 per share.
• Following the reported transaction, Foran directly owns 45,756 shares of Matador Resources Co.
• Foran also indirectly owns a significant number of shares through various trusts and partnerships, including family trusts and GRATs.
• The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.

Sentiment

Score: 6

Explanation: Neutral sentiment. The document simply reports a transaction. The CEO buying shares is generally a positive sign, but without further context, it's difficult to gauge the overall impact.

Positives

• The CEO's purchase of shares may signal confidence in the company's future performance.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's just one factor to consider when evaluating a company's prospects.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates