Baty Robert Gaines 4

What Happened Robert Gaines, a director of Matador Resources Co (MTDR), reported an open-market purchase of 500 shares on June 15, 2026. The shares were acquired at $51.44 each for a total cost of $25,720. This was a straightforward purchase (transaction code P), which is generally viewed by investors as a mildly bullish signal since insiders are buying company stock.

Key Details

• Transaction date and price: 2026-06-15 — 500 shares @ $51.44 per share.
• Total value: $25,720.
• Filing date: Form 4 filed 2026-06-17 (timely filing; within the typical two-business-day window).
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes: None reported (no 10b5-1 plan, tax withholding, grant, or derivative activity indicated).

Context This was a direct open-market purchase by a non-executive director (not a 10% owner). The size is modest relative to institutional trades or large insider buys but still signals that a director added to his stake. There is no indication of option exercise, sale, or gift associated with this transaction.