Form 4: Matador Resources EVP Acquires Additional Shares
SEC Form 4 Filing
Robert T. Macalik, EVP and Chief Accounting Officer of Matador Resources, reports the acquisition of 500 shares of common stock at $54.50 per share.
Summary
- Robert T. Macalik, the EVP and Chief Accounting Officer of Matador Resources Co, acquired 500 shares of common stock on August 2, 2024.
- The shares were purchased at a price of $54.50 per share.
- Following the transaction, Macalik directly owns 104,477 shares of Matador Resources Co.
- Macalik also indirectly owns 29,300 shares through an Individual Retirement Account.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by an executive is generally a good sign, but the quantity is not significant enough to drastically alter sentiment.
Positives
- The purchase of shares by an executive could be seen as a positive signal about the company's prospects.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment regarding company performance and future prospects. An increase in share ownership by company executives is often viewed positively by investors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/04/2021 | Date of restricted stock grant of 4,167 shares vesting on the third anniversary. |
| 02/17/2022 | Date of restricted stock grant of 7,759 shares vesting in equal installments on the second and third anniversaries. |
| 02/16/2023 | Date of restricted stock grant of 8,000 shares vesting in equal installments on the first, second and third anniversaries. |
| 08/02/2024 | Date of transaction: Purchase of 500 shares of common stock at $54.50. |
| 08/05/2024 | Date of Form 4 filing. |
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