Joseph Wm Foran - 05 May 2025 Form 4 Insider Report for Matador Resources Co (MTDR)

Role: Chairman and CEO, Director
Signature: /s/ Joseph Wm. Foran, by Cale L. Curtin as attorney-in-fact
Issuer symbol: MTDR
Transactions as of: 05 May 2025
Net transactions value: +$99,825
Form type: 4
Filing time: 06 May 2025, 07:29:23 UTC
Previous filing: 01 May 2025
Next filing: 08 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Foran Joseph Wm	Chairman and CEO, Director	5400 LBJ FREEWAY, SUITE 1500, DALLAS	/s/ Joseph Wm. Foran, by Cale L. Curtin as attorney-in-fact	06 May 2025	0001540655

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTDR	Common Stock	Purchase	$99,825	+2,500	+4.5%	$39.93	58,256	05 May 2025	Direct	F1, F2
holding	MTDR	Common Stock						488,997	05 May 2025	See footnote	F3, F4
holding	MTDR	Common Stock						453,413	05 May 2025	See footnote	F3, F5
holding	MTDR	Common Stock						1,105,913	05 May 2025	See footnote	F3, F6
holding	MTDR	Common Stock						1,137,182	05 May 2025	See footnote	F3, F7
holding	MTDR	Common Stock						1,347,912	05 May 2025	See footnote	F3, F8
holding	MTDR	Common Stock						36,885	05 May 2025	See footnote	F3, F9
holding	MTDR	Common Stock						36,885	05 May 2025	See footnote	F3, F10
holding	MTDR	Common Stock						109,221	05 May 2025	See footnote	F3, F11
holding	MTDR	Common Stock						109,221	05 May 2025	See footnote	F3, F12
holding	MTDR	Common Stock						90,247	05 May 2025	See footnote	F3, F13
holding	MTDR	Common Stock						90,247	05 May 2025	See footnote	F3, F14
holding	MTDR	Common Stock						175,766	05 May 2025	See footnote	F3, F15
holding	MTDR	Common Stock						175,766	05 May 2025	See footnote	F3, F16

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $39.93 to $39.95 per share, inclusive. The reporting person shall provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.
F2	Includes shares acquired pursuant to the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt under Rule 16-b3.
F3	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 his pecuniary interest therein.
F4	Represents shares held of record by the Foran 2012 Savings Trust for which the reporting person's spouse is a trustee.
F5	Represents shares held of record by the Foran 2012 Security Trust for which the reporting person is the trustee.
F6	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.
F7	Represents shares held of record collectively by the LRF 2011 Non-GST Trust, WJF 2011 Non-GST Trust, JNF 2011 Non-GST Trust, SIF 2011 Non-GST Trust and MCF 2011 Non-GST Trust (collectively, the "2011 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2011 Non-GST Trusts, retain the power of substitution with respect to the property of the 2011 Non-GST Trusts.
F8	Represents shares held of record collectively by the LRF 2020 Non-GST Trust, WJF 2020 Non-GST Trust, SIF 2020 Non-GST Trust and MCF 2020 Non-GST Trust (collectively, the "2020 Non-GST Trusts"). The reporting person and his spouse, as settlors of each of the 2020 Non-GST Trusts, retain the power of substitution with respect to the property of the 2020 Non-GST Trusts.
F9	Represents shares held of record by the JWF 2023-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F10	Represents shares held of record by the NNF 2023-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F11	Represents shares held of record by the JWF 2024-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F12	Represents shares held of record by the NNF 2024-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F13	Represents shares held of record by the JWF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F14	Represents shares held of record by the NNF 2024-2 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F15	Represents shares held of record by the JWF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F16	Represents shares held of record by the NNF 2025-1 GRAT, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.