Foran Joseph Wm 4
4 · Matador Resources Co · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Matador (MTDR) CEO Joseph Foran Buys Stock
What Happened
Joseph Wm Foran, Chairman, CEO and Director of Matador Resources Company (MTDR), made an open-market purchase of 4,675 shares on May 27, 2026. The weighted-average price was $52.36 per share, for a total reported purchase value of approximately $244,783. This transaction is a straight purchase (code P), not an option exercise or gift.
Key Details
- Transaction date: May 27, 2026; Form 4 filed May 28, 2026 (timely reporting).
- Shares acquired: 4,675 common shares.
- Price: Weighted average $52.36; per-footnote range $52.19–$52.40 (F1).
- Total value: ~$244,783.
- Shares owned after transaction: Not specified in this Form 4.
- Notable footnotes: F1 explains the weighted-average price and price range; F10–F16 indicate various shares are held of record by multiple GRATs/trusts for which Foran is trustee and has sole voting and investment power; F3 contains a standard disclaimer re: beneficial ownership.
- Timeliness: Filed the day after the transaction (appears timely under Section 16 rules).
Context
This was a direct open-market purchase (cash buy). The filing shows the purchase but does not change or disclose total post-transaction holdings in this Form 4. Several footnotes indicate the reporting person holds or controls shares through family trusts and grantor retained annuity trusts (GRATs), which can affect how holdings are reported versus personal beneficial ownership. Purchases by insiders can be of interest to investors but do not, by themselves, predict future company performance.
Insider Transaction Report
Form 4
Foran Joseph Wm
DirectorChairman and CEO
Transactions
- Purchase
Common Stock
[F1][F2]2026-05-27$52.36/sh+4,675$244,783→ 6,997 total
Holdings
- 534,381(indirect: See footnote)
Common Stock
[F3][F4] - 499,032(indirect: See footnote)
Common Stock
[F3][F5] - 1,105,913(indirect: See footnote)
Common Stock
[F3][F6] - 1,137,182(indirect: See footnote)
Common Stock
[F3][F7] - 1,347,912(indirect: See footnote)
Common Stock
[F3][F8] - 35,123(indirect: See footnote)
Common Stock
[F3][F9] - 35,123(indirect: See footnote)
Common Stock
[F3][F10] - 46,787(indirect: See footnote)
Common Stock
[F3][F11] - 46,787(indirect: See footnote)
Common Stock
[F3][F12] - 92,009(indirect: See footnote)
Common Stock
[F3][F13] - 92,009(indirect: See footnote)
Common Stock
[F3][F14] - 238,200(indirect: See footnote)
Common Stock
[F3][F15] - 238,200(indirect: See footnote)
Common Stock
[F3][F16]
Footnotes (16)
- [F1]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $52.19 to $52.40 per share, inclusive. The reporting person shall provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.
- [F10]Represents shares held of record by the NNF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- [F11]Represents shares held of record by the JWF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- [F12]Represents shares held of record by the NNF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- [F13]Represents shares held of record by the JWF 2025-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- [F14]Represents shares held of record by the NNF 2025-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- [F15]Represents shares held of record by the JWF 2026-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- [F16]Represents shares held of record by the NNF 2026-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- [F2]Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16-b3.
- [F3]The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
- [F4]Represents shares held of record by the Foran 2012 Savings Trust for which the reporting person's spouse is a trustee. Includes shares held by the trust following a contribution of shares by the reporting person to the trust, pursuant to the terms thereof.
- [F5]Represents shares held of record by the Foran 2012 Security Trust for which the reporting person is the trustee. Includes shares held by the trust following a contribution of shares by the reporting person's spouse to the trust, pursuant to the terms thereof.
- [F6]Represents shares held of record by Sage Resources, Ltd., which is a limited partnership owned by the reporting person's family, including the reporting person.
- [F7]Represents shares held of record collectively by the LRF 2011 Non-GST Trust, WJF 2011 Non-GST Trust, JNF 2011 Non-GST Trust, SIF 2011 Non-GST Trust and MCF 2011 Non-GST Trust (collectively, the "2011 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2011 Non-GST Trusts, retain the power of substitution with respect to the property of the 2011 Non-GST Trusts.
- [F8]Represents shares held of record collectively by the LRF 2020 Non-GST Trust, WJF 2020 Non-GST Trust, SIF 2020 Non-GST Trust and MCF 2020 Non-GST Trust (collectively, the "2020 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2020 Non-GST Trusts, retain the power of substitution with respect to the property of the 2020 Non-GST Trusts.
- [F9]Represents shares held of record by the JWF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
Signature
/s/ Joseph Wm. Foran, by Derek E. Gabriel as attorney-in-fact|2026-05-28