Harvey Paul W 4
Research Summary
AI-generated summary
Matador Resources (MTDR) Director Harvey Paul W Receives RSU Award
What Happened
Harvey Paul W, a director of Matador Resources Co. (MTDR), received a grant of 3,642 restricted stock units (RSUs) on June 11, 2026. The award was recorded at $0.00 per share (no cash paid). The RSUs will convert into an equal number of common shares on June 11, 2027, or sooner if delivered immediately prior to the election of directors at the 2027 annual meeting.
Key Details
- Transaction type: Grant/award (Form 4 code A) on 2026-06-11; filing date 2026-06-15 (timely filed).
- Shares granted: 3,642 RSUs; acquisition price reported as $0.00.
- Vesting/delivery: RSUs deliver one share per unit on 2027-06-11, or earlier immediately before the 2027 shareholders’ meeting.
- Shares held of record: Includes 27,742 shares held by the Harvey Revocable Trust after a contribution by the reporting person (F2). Additional shares are held of record by Wilson Peak Limo, LLC (owned by the reporting person and spouse); the LLC-held share count is not specified here (F4).
- Beneficial ownership: The reporting person disclaims beneficial ownership of certain trust/LLC-held shares except to the extent of pecuniary interest (F3).
Context
RSU grants are compensation/retention awards and are not purchases or sales; they do not represent an immediate buy signal since shares are not issued until vesting. Note the filing appears timely (filed within required business-day window).