Form 4: Matador Resources Co: EVP and CFO Brian J. Willey Reports Stock Purchase
SEC Form 4 Filing
Brian J. Willey, EVP and CFO of Matador Resources Co, reports the purchase of 1,000 shares of common stock at $49.43 per share on March 3, 2025, along with adjustments to holdings in 401(k) and IRA accounts.
Summary
- On March 3, 2025, Brian J. Willey, the EVP and CFO of Matador Resources Co, purchased 1,000 shares of common stock at a price of $49.43 per share.
- Following this transaction, Willey directly owns 91,151 shares of Matador Resources Co.
- Willey also indirectly owns 2,950 shares through his 401(k) account and 3,760 shares through his Individual Retirement Account.
- The report also mentions that Willey holds 2,667 shares of restricted stock granted on February 16, 2023, which will vest on the third anniversary of the grant date.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard regulatory filing. The purchase of shares by an executive is generally viewed as a positive sign, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This filing indicates the EVP and CFO's recent stock purchase, which is a common occurrence.
Stakeholder Impact
- The stock purchase by a company executive could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2023/02/16 | Date of restricted stock grant to Brian J. Willey. |
| 2025/03/03 | Date of Brian J. Willey's common stock purchase. |
| 2025/03/04 | Date of signature on the Form 4 filing. |
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