Diamondback registers 5,000 RSU shares for resale
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.
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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.
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.
FAQ
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What does Diamondback Energy's (FANG) Form 144 disclose?
Does the filing state who receives proceeds from the registered resale?
AI-generated analysis. How Rhea-AI works. Not financial advice.