Matador Resources Co. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the Annual Meeting of Shareholders held by Matador Resources Company on June 12, 2025. The filing details the voting outcomes for director elections, executive compensation, and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Shareholders voted on three primary proposals. A total of 115,838,469 shares were represented at the meeting out of 125,201,846 outstanding shares.
- Proposal 1: Election of Directors - Shareholders elected Shelley F. Appel, R. Gaines Baty, Paul W. Harvey, and Susan M. Ward as Class II directors for a term expiring in 2028.
- Shelley F. Appel: 101,783,311 For; 6,738,837 Against.
- R. Gaines Baty: 93,918,577 For; 14,602,509 Against.
- Paul W. Harvey: 108,318,708 For; 203,700 Against.
- Susan M. Ward: 99,694,594 For; 8,829,335 Against.
- Proposal 2: Advisory Vote on 2024 Executive Compensation - The non-binding resolution was approved with 102,074,053 votes For and 6,399,811 votes Against.
- Proposal 3: Ratification of Independent Auditor - Shareholders ratified the appointment of KPMG LLP for the year ending December 31, 2025, with 114,593,606 votes For and 1,028,066 votes Against.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the specific terms and responsibilities of the newly elected Class II directors.
- Review the full proxy statement for details on the 2024 executive compensation package approved by shareholders.
- Confirm the scope of KPMG LLP's engagement for the 2025 fiscal year.
- Note the significant number of broker non-votes (7,171,122) which did not impact the outcome of the proposals.