Diamondback Energy (FANG) insider plans sale after $2.05M in recent stock trades
Rhea-AI Filing Summary
Diamondback Energy, Inc. insider Matt Zmigrosky filed to sell 2,500 shares of common stock through Charles Schwab & Co., Inc., with an approximate aggregate market value of $506,930.00, expected around August 14, 2026 on NASDAQ. The shares derive from RSU/PSU equity compensation granted on May 28, 2020. In the prior three months, Zmigrosky reported selling 5,000 shares for $1,002,701.00 on June 1, 2026 and 5,000 shares for $1,050,000.00 on June 3, 2026.
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Key Figures
Planned shares to be sold: 2,500 shares
Planned sale value: $506,930.00
Sale date: 08/14/2026
+4 more
7 metrics
Planned shares to be sold
2,500 shares
Common stock to be sold through Charles Schwab & Co., Inc.
Planned sale value
$506,930.00
Approximate aggregate market value for the 2,500 planned shares
Sale date
08/14/2026
Approximate date of proposed sale on NASDAQ
Shares sold June 1, 2026
5,000 shares
Sold for $1,002,701.00
Proceeds June 1, 2026
$1,002,701.00
Sale of 5,000 shares on 06/01/2026
Shares sold June 3, 2026
5,000 shares
Sold for $1,050,000.00
Proceeds June 3, 2026
$1,050,000.00
Sale of 5,000 shares on 06/03/2026
Key Terms
Form 144, RSU / PSU, Equity Compensation
3 terms
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSU / PSU financial
"Common | 05/28/2020 | RSU / PSU - See Remarks"
Equity Compensation financial
"05/28/2020 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What does the Form 144 filing by Matt Zmigrosky mean for Diamondback Energy (FANG)?
The Form 144 indicates planned sales of 2,500 Diamondback Energy shares by Matt Zmigrosky. It also lists 10,000 shares sold in June 2026, providing transparency on recent and upcoming share dispositions.
AI-generated analysis. How Rhea-AI works. Not financial advice.