Form 4: Matador Resources Director Reynald Baribault Reports Acquisition of Restricted Stock Units

Director Reynald Baribault reported the acquisition of restricted stock units and disclaimed beneficial ownership of certain shares held in trusts.

Summary

• On June 13, 2024, Reynald Baribault, a director of Matador Resources Co., reported the acquisition of 2,533 restricted stock units (RSUs).
• These RSUs will vest on June 13, 2025, or earlier if the director nominees are elected at the 2025 annual meeting.
• Baribault also disclaims beneficial ownership of 113,197 shares held by the Reynald A. Baribault Maritalized Revocable Living Trust and 7,518 shares held by the Sally K. Baribault Maritalized Revocable Living Trust, except to the extent of his pecuniary interest.
• Additionally, he owns 6,515 shares in his Individual Retirement Account.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The RSUs will vest on June 13, 2025, or earlier if the director nominees are elected at the 2025 annual meeting of shareholders.

Industry Context

This filing is a routine disclosure of a director's stock-based compensation and holdings, common in publicly traded companies.

Stakeholder Impact

• The acquisition of RSUs by a director may signal confidence in the company's future performance to shareholders.

Key Dates