Diamondback Energy (FANG) insider sells 750 PSU/RSU for $136K
Rhea-AI Filing Summary
Diamondback Energy, Inc. insider proposes sale of 750 shares. Jere W Thompson III reported the sale of $136,260.00 worth of 750 restricted/award shares (PSU/RSU) originally granted 03/01/2024. The Form 144 lists a broker-dealer Charles Schwab & Co., Inc. and the trade date 03/06/2026.
Positive
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Negative
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Insights
Form 144 discloses a routine Section 144 resale of 750 equity awards.
Form 144 is a notice of intent to sell restricted or control securities. The excerpt shows $136,260.00 tied to 750 PSU/RSU shares with a broker-dealer identified as Charles Schwab & Co., Inc.
The filing is procedural; cash-flow treatment and any holding-period compliance are not detailed in the provided excerpt. Subsequent Form 4 or transaction confirmations would show settlement details.
The sale is an individual insider disposition reported under resale rules, not a company issuance.
The record ties the securities to an equity compensation grant dated 03/01/2024. The filing names the selling person as Jere W Thompson III and provides the trade date 03/06/2026.
Because the excerpt does not state limits, approvals, or plan details, material investor implications cannot be drawn from this notice alone.