Form 4: Matador Resources Co Executive Acquires Shares
SEC Form 4 Filing
Robert T. Macalik, EVP and Chief Accounting Officer of Matador Resources Co, recently acquired 500 shares of common stock at $50.25 per share.
Summary
- On September 6, 2024, Robert T. Macalik, the EVP and Chief Accounting Officer of Matador Resources Co, purchased 500 shares of common stock.
- The purchase price was $50.25 per share.
- Following the transaction, Macalik directly owns 104,477 shares and indirectly owns 29,800 shares through an Individual Retirement Account.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider stock purchase. It doesn't inherently indicate positive or negative sentiment, but rather provides information about an executive's investment activity.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction provides shareholders with information about an executive's investment in the company.
- The purchase could be interpreted as a sign of confidence in the company's future prospects, potentially impacting shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/17/2022 | Grant date of 3,880 shares of restricted stock vesting on the third anniversary. |
| 02/16/2023 | Grant date of 5,334 shares of restricted stock vesting in equal installments on the second and third anniversaries. |
| 02/14/2024 | Grant date of 10,000 shares of restricted stock vesting in equal installments on the first, second and third anniversaries. |
| 09/06/2024 | Date of transaction: Robert T. Macalik purchased 500 shares of common stock at $50.25 per share. |
| 09/09/2024 | Date of Form 4 filing. |
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