Foran Joseph Wm 4
4 · Matador Resources Co · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Matador (MTDR) CEO Joseph Foran Buys 2,000 Shares
What Happened
Joseph Wm Foran, Chairman and CEO of Matador Resources Co (MTDR), reported an open-market purchase of 2,000 shares on 2026-06-09 at a weighted average price of $53.07, for a total of approximately $106,140. This was a purchase (commonly viewed as a more bullish signal than a sale), executed in multiple trades at prices ranging from $53.05 to $53.13 per share (see footnote F1).
Key Details
- Transaction date: 2026-06-09; filing date: 2026-06-11 (appears timely under the usual two-business-day Section 16 reporting window).
- Price: weighted avg $53.07; range $53.05–$53.13 (multiple trades) — footnote F1.
- Shares acquired: 2,000; total value ≈ $106,140.
- Shares owned after transaction: not specified in the excerpt provided. The full Form 4 may list total beneficial ownership.
- Notable footnotes: F1 explains the weighted-average pricing and multiple trade prices; F10–F16 note numerous shares held in various GRATs/trusts for which Foran is trustee and has sole voting/investment power; F3 contains a disclaimer regarding beneficial ownership.
- No indication in the provided data of a 10b5-1 plan, gift, option exercise, or tax-withholding event.
Context
- This was an open-market purchase (code P) — a direct buy of shares rather than an award, gift, or option exercise. Multiple small trades produced the reported weighted-average price.
- Several footnotes show substantial holdings are held in trusts/GRATs where Foran is trustee or retains powers; such holdings can affect how beneficial ownership is reported.
- Purchases by a CEO are often noted by investors as a positive signal, but the filing itself does not state motivation.
Insider Transaction Report
Form 4
Foran Joseph Wm
DirectorChairman and CEO
Transactions
- Purchase
Common Stock
[F1][F2]2026-06-09$53.07/sh+2,000$106,140→ 11,479 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 $53.05 to $53.13 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 16b-3.
- [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|2026-06-11