Form 4: Matador Resources Director Shelley F. Appel Increases Stake in Company

Shelley F. Appel, a director at Matador Resources Co, recently purchased additional shares of the company's common stock, increasing her beneficial ownership.

Summary

• On September 9, 2024, Shelley F. Appel purchased 300 shares of Matador Resources Co common stock at a weighted average price of $50.1 per share.
• The prices for these shares ranged from $50.00 to $50.15.
• On September 10, 2024, she purchased another 200 shares at a weighted average price of $49.43 per share, with prices ranging from $49.35 to $49.50.
• Following these transactions, Appel directly owns 57,741 shares of Matador Resources Co common stock.
• She also has indirect ownership through various trusts and accounts, including Sage Resources, Ltd., SIF 2020 Non-GST Trust, SIF 2011 Non-GST Trust, a Roth Individual Retirement Account, a Roth 401(k) account, and shares held by her spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's stock purchase suggests confidence, but it's a relatively small transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider trading activity is closely monitored as it can provide insights into a company's performance and future expectations within the oil and gas industry.

Stakeholder Impact

• The increased stake of a director could positively influence shareholder confidence.

Key Dates