Form 4: Matador Resources Director Paul Harvey Granted Restricted Stock Units

Matador Resources Co. Director Paul W. Harvey was granted 4,079 restricted stock units on June 12, 2025, as disclosed in a recent SEC Form 4 filing.

Summary

• Paul W. Harvey, a Director of Matador Resources Co. (MTDR), reported an acquisition of securities.
• On June 12, 2025, Mr. Harvey was granted 4,079 restricted stock units (RSUs) at a price of $0.
• These RSUs will vest, and an equal number of shares of common stock will be deliverable to Mr. Harvey on June 12, 2026, or if sooner, immediately prior to the election of nominees for director at the 2026 annual meeting of shareholders.
• Following this transaction, Mr. Harvey's beneficial ownership includes 31,996 shares held directly, 8,500 shares held in his Individual Retirement Account, 3,000 shares held by Wilson Peak Limo, LLC (a limited liability company owned by him and his spouse), and 300 shares held by his child.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive step for aligning management incentives with shareholder interests, reflecting standard corporate governance practices.

Positives

• The grant of 4,079 restricted stock units to Director Paul W. Harvey aligns his interests with shareholders, as the units vest based on future tenure or performance.

Future Outlook

The restricted stock units granted to Director Paul W. Harvey are set to vest on June 12, 2026, or earlier, immediately prior to the election of nominees for director at the 2026 annual meeting of shareholders, indicating a future milestone for equity compensation.

Industry Context

NA

Stakeholder Impact

• Shareholders: The grant of restricted stock units to a director helps align the director's long-term interests with those of the shareholders, potentially fostering better governance and performance.

Next Steps

• Vesting of 4,079 restricted stock units on June 12, 2026, or immediately prior to the election of nominees for director at the 2026 annual meeting of shareholders.

Key Dates

Recommendation

Keywords

Matador Resources, MTDR, Paul W. Harvey, Director, Restricted Stock Units, RSU, SEC Form 4, Insider Transaction, Equity Grant