Matador Resources (MTDR) EVP William Elsener Buys 850 Shares

What Happened
William Elsener, EVP (Reservoir Engineering) at Matador Resources, purchased 850 shares of MTDR on August 10, 2026 at $50.94 per share for a total cost of $43,299. This was a purchase (code P), which investors often view as more informative than routine sales.

Key Details

• Transaction date and price: Aug 10, 2026 — 850 shares @ $50.94 each. Total = $43,299.
• Transaction type: Purchase (code P) — open market or private purchase.
• Shares owned after transaction: Not specified in the filing excerpt.
• Footnote: Shares were acquired pursuant to the issuer’s Employee Stock Purchase Plan; such acquisitions are exempt under Rule 16b-3.
• Filing/timeliness: Form 4 filed Aug 12, 2026 (within the typical 2-business-day reporting window).

Context
The purchase was made through the company’s ESPP and is explicitly noted as exempt under Rule 16b-3. The dollar amount is modest relative to many insider trades; while insider buys can be a positive signal, they should be considered alongside other company and market information.