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Diamondback Energy (FANG) RSU resale 5,000 shares; insider sold 20,000

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Diamondback Energy, Inc. filed a Form 144 notice registering 5,000 common shares attributable to RSU/PSU equity compensation granted 03/01/2024 for potential resale. The submission lists Charles Schwab & Co., Inc. as broker. The excerpt also records that Daniel N Wesson sold 20,000 shares on 03/06/2026 for $3,622,126.

Positive

  • None.

Negative

  • None.

Insights

Form 144 registers resale of equity compensation and notes a recent sizeable disposition.

The filing lists 5,000 common shares related to RSU/PSU awards dated 03/01/2024 as the resale amount being reported for Diamondback Energy, Inc. This is a procedural notice required under resale rules for restricted or control securities.

Separately, the excerpt shows a completed sale by Daniel N Wesson of 20,000 shares on 03/06/2026 for $3,622,126. The excerpt names Charles Schwab & Co., Inc. as the broker; cash‑flow treatment follows as a seller receipt from that transaction per the disclosed amount.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Diamondback Energy's (FANG) Form 144 disclose?

The Form 144 registers 5,000 common shares tied to RSU/PSU equity compensation dated 03/01/2024. It lists Charles Schwab & Co., Inc. as broker and notes a separate insider sale by Daniel N Wesson.

Who sold shares recently according to the filing for FANG?

The excerpt records that Daniel N Wesson sold 20,000 shares on 03/06/2026 for $3,622,126. The sale amount and date are disclosed in the filing excerpt.

Are the 5,000 shares registered in Form 144 newly issued or compensation-related?

They are compensation-related: the filing identifies the securities as RSU / PSU with a grant date of 03/01/2024, indicating the registered shares arise from equity compensation awards.

Does the filing state who receives proceeds from the registered resale?

The excerpt names Charles Schwab & Co., Inc. as broker but does not specify beneficiary wording; the disclosed sale shows proceeds of $3,622,126 tied to the listed insider transaction.
Diamondback Ener

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