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Diamondback officer plans $1.05M stock sale

An officer of Diamondback Energy, Inc. has filed a Rule 144 notice to sell 5,000 FANG common shares for an aggregate $1,050,000.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Diamondback Energy, Inc. (FANG) has an officer, Teresa L. Dick, filing a notice of proposed sale of company securities under Rule 144. The notice covers the planned sale of 5,000 shares of common stock of Diamondback Energy through Charles Schwab & Co., Inc. on the NASDAQ market. The filing lists an aggregate sale value of $1,050,000. The shares were originally acquired as equity compensation, including RSUs/PSUs granted on May 23, 2019 and paid for between May 23, 2019 and March 1, 2025.

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Shares proposed to be sold 5,000 shares Common stock of Diamondback Energy, Inc. under Rule 144
Aggregate sale value $1,050,000 Listed for the 5,000 common shares proposed to be sold
Acquisition period for shares May 23, 2019 to March 1, 2025 Period during which the equity compensation shares were acquired and paid for
Date of notice September 15, 2026 Date the Rule 144 notice was signed and submitted
Broker Charles Schwab & Co., Inc. Broker designated for the sale of the 5,000 common shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Equity Compensation financial
"05/23/2019 | 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.
RSU / PSU financial
"05/23/2019 | RSU / PSU - See Remarks"
Common financial
"Common | 05/23/2019 | RSU / PSU - See Remarks"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing involving FANG disclose?

It discloses that officer Teresa L. Dick plans to sell 5,000 shares of Diamondback Energy, Inc. common stock under Rule 144, through Charles Schwab & Co., Inc., with an aggregate sale value listed as $1,050,000 on the NASDAQ market.

How many Diamondback Energy (FANG) shares are covered by this Form 144?

The notice covers a proposed sale of 5,000 shares of Diamondback Energy, Inc. common stock. These shares are to be sold through Charles Schwab & Co., Inc. on the NASDAQ market.

What is the aggregate value of FANG shares to be sold in this Form 144?

The filing lists an aggregate sale value of $1,050,000 for the 5,000 shares of Diamondback Energy, Inc. common stock proposed to be sold under Rule 144.

When were the FANG shares in this Form 144 originally acquired?

According to the remarks, the shares in this filing were acquired and paid for between May 23, 2019 and March 1, 2025, originating from equity compensation awards such as RSUs and PSUs granted on May 23, 2019.

How were the Diamondback Energy (FANG) shares obtained before this planned Rule 144 sale?

The shares were obtained through equity compensation, with the security type described as “RSU / PSU – See Remarks”. The remarks state the shares were acquired and paid for between May 23, 2019 and March 1, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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