Form 4: Matador Resources Director Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Reynald Baribault was granted 3,642 restricted stock units by Matador Resources Company.
Summary
- Director Reynald Baribault 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 director's direct beneficial ownership of common stock increased to 18,516 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- The grant aligns the director's interests with those of shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- The value of the granted RSUs is subject to market fluctuations in the company's common stock price.
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 board members are standard corporate governance practices in the energy sector to ensure long-term alignment between leadership and shareholder value.
Comparison to Industry Standards
- The use of RSUs as a component of director compensation is consistent with standard practices among mid-cap exploration and production companies.
- The vesting schedule of approximately one year is typical for annual director equity awards.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Director Reynald Baribault authorized Joseph Wm. Foran, Bryan A. Erman, and Derek E. Gabriel to file Section 16 reports on his behalf. | 04/22/2026 | Standard administrative procedure to ensure timely regulatory compliance. |
Related Party Transactions
- The director holds shares through the Reynald A. Baribault Maritalized Revocable Living Trust and the Sally K. Baribault Maritalized Revocable Living Trust.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 3,642 RSUs on June 11, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Execution date of the Power of Attorney for SEC filings. |
| 06/11/2026 | Date of the RSU grant transaction. |
| 06/11/2027 | Vesting date for the granted RSUs. |
Keywords
Matador Resources, MTDR, Director, Insider Transaction, Restricted Stock Units, Equity Compensation
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