Calvert Christopher P 4

What Happened

Christopher P. Calvert, Executive Vice President and Chief Financial Officer of Matador Resources Co. (MTDR), made an open-market purchase of 1,500 shares on May 29, 2026 at $53.24 per share, a total cost of approximately $79,860. This was a purchase (transaction code P), which investors often view as a more informative/positive signal than routine sales.

Key Details

• Transaction date and price: 2026-05-29, 1,500 shares at $53.24 each.
• Total value: ~$79,860.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: 2026-06-02 (filed after the transaction; appears late relative to the 2-business-day Form 4 deadline).
• Footnotes:
  • F1: Reporting person also has 3,334 restricted shares granted 02/14/2024 that vest on 02/14/2027.
  • F2: Includes shares acquired under the issuer’s Employee Stock Purchase Plan (ESPP); such ESPP acquisitions are exempt under Rule 16b-3.

Context

• Purchase (P) transactions are straightforward buys of company stock; they do not by themselves explain motivation.
• Restricted shares noted in F1 are subject to future vesting and are not immediately free-trading.
• ESPP-related holdings noted in F2 are common and treated as exempt for short-swing profit rules.
• The late filing may be a reporting timeliness issue — it does not change the economic reality of the trade but can draw regulatory attention or require corrective disclosure.