Matador Resources Co 8-K

What Happened
Matador Resources Company (MTDR) announced that G. Gregg Krug, Executive Vice President — Marketing and Midstream Strategy, informed the company on January 16, 2026 that he will retire effective February 28, 2026. Upon retirement Mr. Krug will transition to a Special Advisor role to the CEO and Executive Committee under an Advisor Agreement filed with the 8‑K.

Key Details

• Mr. Krug is retiring at age 65 after nearly 14 years with the company; retirement effective February 28, 2026.
• Advisor Agreement was executed January 21, 2026 and becomes effective February 28, 2026; term runs through December 31, 2026 with month-to-month extensions possible.
• Advisor fee: $1,000 per month. Agreement includes confidentiality, non-competition and non-solicitation covenants.
• The Advisor Agreement is filed as Exhibit 10.1 to the Form 8‑K.

Why It Matters
This is an executive transition in Matador’s midstream and marketing leadership but not a full departure: the company retains Mr. Krug as an advisor, which supports continuity in midstream strategy and institutional knowledge. The financial impact is minimal (a $1,000/month advisory fee). Investors should note the formal non-compete/non-solicit terms and the limited initial term through year-end 2026, but the filing does not report changes to other senior executives or company financial results.