Form 4: Matador Resources Executive William Thomas Elsener Reports Stock Purchase
SEC Filing
William Thomas Elsener, EVP of Reservoir Engineering at Matador Resources, reports purchasing 700 shares of common stock at $45.67 per share.
Summary
- On March 4, 2025, William Thomas Elsener, EVP of Reservoir Engineering at Matador Resources Co, purchased 700 shares of common stock.
- The purchase price was $45.67 per share.
- Following the transaction, Elsener directly owns 110,447 shares of Matador Resources Co.
- This total includes 2,667 shares of restricted stock granted on February 16, 2023, which vest on the third anniversary of the grant date.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a stock purchase by an executive, which doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholders as it signals confidence from an executive in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/16/2023 | Date of restricted stock grant (2,667 shares) to the reporting person. |
| 03/04/2025 | Date of transaction: Purchase of 700 shares of common stock at $45.67. |
| 02/16/2026 | Vesting date of 2,667 restricted shares granted on February 16, 2023. |
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