Form 4: Matador Resources Director Receives RSU Grant

Director Shelley F. Appel was granted 3,642 restricted stock units by Matador Resources Company.

Summary

• Director Shelley F. Appel 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 70,501 shares directly, in addition to various indirect holdings through family trusts and accounts.

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 outlook.

Positives

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

Negatives

• None identified.

Risks

• Standard market risks associated with equity ownership in the energy sector.

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 a standard corporate governance practice in the oil and gas industry to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard practices among mid-cap exploration and production companies.
• The vesting schedule of one year is typical for annual director equity awards.

Corporate Governance

Related Party Transactions

• The filing discloses various indirect holdings through family trusts and partnerships, which is standard for high-net-worth directors.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• Vesting of restricted stock units on June 11, 2027.

Key Dates

Keywords

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