Foran Joseph Wm 4

What Happened
Joseph Wm Foran, Matador Resources (MTDR) Chairman and CEO, made an open-market purchase of 468 shares on February 27, 2026. The reported weighted-average price was $49.78 per share, for a total reported cost of $23,297. The filing reports the purchase as an acquisition (code P) and notes the shares were bought in multiple trades at prices ranging from $49.76 to $49.80.

Key Details

• Transaction date: 2026-02-27 (filed timely on 2026-03-03).
• Price: weighted average $49.78; per-share range $49.76–$49.80 (see footnote F1).
• Shares purchased: 468; reported total value: $23,297.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes: F1 explains the weighted-average price and that the trade was multiple transactions; F10–F17 and others indicate Foran is trustee of several GRATs that hold shares and over which he has sole voting and investment power. Footnote F4 contains a limited disclaimer of beneficial ownership for certain trust-held shares.
• No 10b5-1 trading plan or late filing was disclosed; the Form 4 appears timely.

Context
This was a small open-market purchase by the CEO — purchases are generally seen as a more informative signal than routine sales, but this one is modest in size relative to typical insider holdings. The filing shows Foran also has trustee relationships with multiple trusts that hold company shares; those trust holdings are separate from this specific open-market purchase.