Appel Shelley F 4
4 · Matador Resources Co · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Matador Resources (MTDR) Director Shelley Appel Receives Award
What Happened
Shelley F. Appel, a director of Matador Resources Co. (MTDR), received an award of 3,642 restricted stock units (RSUs) on June 11, 2026. The RSUs were reported as acquired at $0.00 (i.e., a grant/compensation award), with an equal number of common shares deliverable upon vesting. No cash purchase or sale occurred.
Key Details
- Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (filed within the two-business-day window, so timely).
- Transaction type/code: Award/Grant (A) — 3,642 RSUs reported at $0.00.
- Vesting: RSUs will vest and shares will be deliverable on June 11, 2027, or sooner if immediately prior to the election of director nominees at the 2027 annual meeting (per footnote F1).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes: F2 disclaims beneficial ownership except to extent of pecuniary interest; F3–F7 disclose related holdings through family entities, trusts, a trustee role, and spouse.
- No 10b5-1 plan, tax-withholding sale, or exercise/cashless sale was reported.
Context
RSU grants are common director compensation and represent a future right to receive company shares if vesting conditions are met; they are not an immediate cash outlay or open-market purchase. Such awards are typically routine and do not, by themselves, indicate the director bought or sold stock for investment reasons.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-11+3,642→ 70,501 total
- 1,105,913(indirect: See footnote)
Common Stock
[F2][F3] - 336,978(indirect: See footnote)
Common Stock
[F2][F4] - 227,416(indirect: See footnote)
Common Stock
[F2][F5] - 5,084(indirect: Represents shares held of record by the reporting person's Roth Individual Retirement Account.)
Common Stock
- 3,350(indirect: By 401(k))
Common Stock
- 1,784(indirect: See footnote)
Common Stock
[F2][F6] - 58(indirect: See footnote)
Common Stock
[F2][F7]
Footnotes (7)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person on June 11, 2026. Such RSUs will vest, and an equal number of shares of common stock will be deliverable to the reporting person on June 11, 2027, or if sooner, immediately prior to the election of nominees for director at the 2027 annual meeting of shareholders of the Issuer.
- [F2]The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these shares. The reporting person disclaims beneficial ownership of these shares, except to the extent of her pecuniary interest therein.
- [F3]Represents shares held of record by Sage Resources, Ltd., which is a limited partnership owned by the reporting person's family, including the reporting person.
- [F4]Represents shares held of record by the SIF 2020 Non-GST Trust (the "2020 Non-GST Trust"). The reporting person is a beneficiary of the 2020 Non-GST Trust.
- [F5]Represents shares held of record by the SIF 2011 Non-GST Trust (the "2011 Non-GST Trust"). The reporting person is a beneficiary of the 2011 Non-GST Trust.
- [F6]Represents shares held of record by the JNF-1 Trust for which the reporting person is a trustee.
- [F7]Represents shares held of record by the reporting person's spouse.