Form 4: Matador Resources Director Receives RSU Grant

Director Paul W. Harvey was granted 3,642 restricted stock units by Matador Resources Company.

Summary

• Director Paul W. Harvey received a grant of 3,642 restricted stock units (RSUs) on June 11, 2026.
• The RSUs are scheduled to vest on June 11, 2027, or immediately prior to the 2027 annual meeting of shareholders.
• Following this transaction, the reporting person holds 7,721 shares directly and maintains indirect interests through a revocable trust, an IRA, and a family-owned LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Market volatility affecting the future value of equity grants.

Future Outlook

The RSUs will vest on June 11, 2027, or earlier if the 2027 annual shareholder meeting occurs before that date.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the energy sector to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The use of RSU grants for director compensation is consistent with standard practices among mid-cap exploration and production companies.
• The vesting schedule aligns with typical one-year director equity retention cycles.

Corporate Governance

Related Party Transactions

• Director maintains indirect ownership through Harvey Revocable Trust, an IRA, and Wilson Peak Limo, LLC.

Stakeholder Impact

• Minimal impact on shareholders; reflects standard director compensation.

Next Steps

• Vesting of RSUs on June 11, 2027.

Key Dates

Keywords

Matador Resources, MTDR, Director Compensation, Restricted Stock Units, Insider Transaction, SEC Form 4