Form 4: Matador Resources Executive Buys Shares
Statement of Changes in Beneficial Ownership
Matador Resources Company's EVP and CFO, Christopher P. Calvert, has acquired 1,500 shares of common stock.
Summary
- Christopher P. Calvert, EVP and CFO of Matador Resources Co., acquired 1,500 shares of common stock on May 29, 2026, at a price of $53.24 per share.
- Following this transaction, Calvert beneficially owns 41,500 shares directly and indirectly.
- The filing also notes that Calvert holds 85,312 shares of common stock directly.
- Additionally, 3,334 restricted shares granted on February 14, 2024, are included, which vest on the third anniversary of the grant date.
- Shares acquired through the Issuer's Employee Stock Purchase Plan are also included and are exempt under Rule 16b-3.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive filing due to the insider purchase by a key executive, indicating confidence, though it's a routine disclosure rather than a major strategic announcement.
Positives
- Insider purchase of company stock by a key executive (EVP and CFO).
- Acquisition of 1,500 shares at a specific price indicates confidence in the company's valuation.
- Total direct and indirect beneficial ownership remains substantial at 85,312 shares plus the newly acquired shares.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider purchases, particularly by senior executives like a CFO, can be interpreted as a positive signal of management's belief in the company's future prospects and valuation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Christopher P. Calvert granted power of attorney to Joseph Wm. Foran, Bryan A. Erman, and Derek E. Gabriel to execute Forms 3, 4, and 5 on his behalf. | 04/22/2026 | Ensures timely and compliant filing of insider transaction reports. |
Stakeholder Impact
- Shareholders may view the executive's stock purchase as a sign of confidence in the company's future performance.
- Employees participating in the Employee Stock Purchase Plan benefit from the exemption under Rule 16b-3 for their acquisitions.
Key Dates
| Date | Description |
|---|---|
| 02/14/2024 | Grant date for 3,334 restricted shares. |
| 04/22/2026 | Date of execution for the Section 16 Power of Attorney. |
| 05/29/2026 | Transaction date for the acquisition of 1,500 common stock shares. |
| 06/02/2026 | Date of signature for the Form 4 filing. |
Keywords
Matador Resources, MTDR, Form 4, Insider Trading, Stock Purchase, Executive Compensation, Beneficial Ownership, SEC Filing
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