Form 4: Matador Resources Co-President Boosts Stake

Matador Resources Co-President, Bryan A. Erman, acquired 1,000 shares of common stock, increasing his beneficial ownership.

Summary

• Bryan A. Erman, Co-President, CLO & Head of M&A of Matador Resources Co (MTDR), reported an acquisition of company stock.
• He purchased 1,000 shares of common stock at a price of $39.6 per share on October 31, 2025.
• Following this transaction, his direct beneficial ownership totals 77,518 shares.
• His indirect beneficial ownership includes 4,250 shares held in his 401(k) account and 2,400 shares in his Individual Retirement Account.
• The direct ownership figure of 77,518 shares includes 2,667 shares of restricted stock granted on February 16, 2023, which are set to vest on the third anniversary of the grant date.
• Direct ownership also encompasses shares acquired through the Issuer's Employee Stock Purchase Plan, which are exempt under Rule 16b-3.

Sentiment

Score: 7

Explanation: The insider purchase indicates a positive sentiment from management regarding the company's prospects, although it's a relatively small transaction compared to total ownership.

Positives

• An insider, Bryan A. Erman, Co-President, CLO & Head of M&A, purchased 1,000 shares of common stock, signaling confidence in the company's future prospects.
• The acquisition at $39.6 per share suggests management believes the stock represents good value at that price point.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal, potentially increasing confidence in the company's future performance and management's belief in its value.

Next Steps

• Vesting of 2,667 shares of restricted stock on February 16, 2026.

Key Dates

Recommendation

The purchase of 1,000 shares by a Co-President, CLO & Head of M&A signals management's confidence in Matador Resources Co's future prospects. While a positive indicator, this single transaction alone is not sufficient to warrant a strong buy recommendation without further fundamental analysis of the company's financial performance and market conditions. It does, however, reinforce a 'hold' position for existing investors and could be a minor positive factor for those considering an investment.

Keywords

Matador Resources, MTDR, Insider Trading, Stock Purchase, Bryan A. Erman, Form 4, Executive Stock Ownership, Energy Sector, Oil and Gas