Byerley William M 4
4 · Matador Resources Co · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Matador (MTDR) Director William Byerley Receives RSU Award
What Happened
William M. Byerley, a director of Matador Resources Company (MTDR), was granted 3,642 restricted stock units (RSUs) on June 11, 2026. The award is reported at $0.00 per share (no cash paid) and is an equity grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Form 4 filed 2026-06-15 (timely filed within two business days).
- Grant size: 3,642 RSUs; reported price $0.00; reported value $0.
- Shares owned after transaction: not specified in the filing.
- Footnote summary: RSUs vest on June 11, 2027 (or immediately prior to the 2027 director election if sooner). Delivery of vested RSUs is deferred under the company’s Nonqualified Deferred Compensation Plan for Non-Employee Directors to within 30 days of the earlier of (i) the fifth anniversary of the vesting date, (ii) separation of service, or (iii) a change in control; on delivery they convert 1:1 into common shares.
Context
RSU grants are a form of compensation and do not represent an immediate cash purchase or sale of stock. They convert to actual shares only after vesting and the deferred delivery conditions are met, so this grant is not a direct market signal of buying or selling.
Insider Transaction Report
Form 4
Byerley William M
Director
Transactions
- Award
Common Stock
[F1]2026-06-11+3,642→ 59,453 total
Footnotes (1)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person on June 11, 2026. Such RSUs will vest on June 11, 2027, or if sooner, immediately prior to the election of the nominees for director at the 2027 annual meeting of shareholders of the Issuer (the "Vesting Date"). Pursuant to the Issuer's Nonqualified Deferred Compensation Plan for Non-Employee Directors, the reporting person has deferred delivery of all of such vested RSUs to within 30 days of the earlier of (i) the fifth anniversary of the Vesting Date, (ii) separation of service or (iii) a change in control (the "Delivery Date"). On the Delivery Date, such vested RSUs will be deliverable to the reporting person in an equal number of shares of common stock.
Signature
/s/ William M. Byerley, by Derek E. Gabriel as attorney-in-fact|2026-06-15