Byerley William M 4

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.