Form 4: Matador Resources Executive William Thomas Elsener Acquires Additional Shares
SEC Form 4 Filing
William Thomas Elsener, EVP of Reservoir Engineering at Matador Resources Co, reports the acquisition of 750 shares of common stock at $40.10 per share.
Summary
- On May 1, 2025, William Thomas Elsener, an Executive Vice President at Matador Resources Co, purchased 750 shares of the company's common stock.
- The purchase price was $40.10 per share.
- Following the transaction, Elsener directly owns 111,197 shares of Matador Resources Co.
- This includes shares acquired through the Employee Stock Purchase Plan and 2,667 shares of restricted stock granted on February 16, 2023, which vest on the third anniversary of the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An insider purchase generally indicates confidence, but the amount is not substantial enough to significantly alter sentiment.
Positives
- Executive's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment and potential future performance of the company. Purchases can be interpreted as a positive signal.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/16/2023 | Date of restricted stock grant (2,667 shares) to the reporting person, vesting on the third anniversary. |
| 05/01/2025 | Date of transaction: purchase of 750 shares of common stock at $40.10 per share. |
Keywords
Matador Resources Co, MTDR, insider trading, Form 4, stock purchase, William Thomas Elsener, EVP Reservoir Engineering, Employee Stock Purchase Plan, restricted stock
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