Foran Joseph Wm 4

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.