Elsener William Thomas sold MTDR

February 14, 2026 · Form 4 insider transaction

Elsener William Thomas sold 5,000 shares of Matador Resources Company at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
5,000
Price
$0.00
Total value
N/A
Role
SecurityPhantom Units
Transaction codeM: Option exercise
Transaction dateFebruary 14, 2026
Filing dateFebruary 18, 2026
Shares owned after5,000
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Each phantom unit is the economic equivalent of one share of the Issuer's common stock. As required by the terms of the award, upon the February 14, 2026 partial vesting of such award, the reporting person settled the phantom units for cash at a rate of $47.80 per unit based upon the closing price of the Issuer's common stock on February 13, 2026. No shares of common stock were issued to nor sold by the reporting person pursuant to this transaction.; The phantom units vest in equal annual installments on the first, second and third anniversaries of the date of grant, February 14, 2024.

View the original Form 4 on SEC EDGAR