Foran Joseph Wm 4

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.