Diamondback Energy (NASDAQ: FANG) director lines up new stock sale
Rhea-AI Filing Summary
Diamondback Energy, Inc. (FANG) director Mark Lawrence Plaumann has filed a notice of proposed sale under Rule 144 for up to 1,000 shares of common stock held at Charles Schwab & Co., Inc., with an indicated aggregate market value of $210,577.00 and an intended sale date of 08/21/2026. These shares were acquired through equity compensation via restricted stock lapses between 2018 and 2020. In the prior three months, Plaumann sold 500 shares for total proceeds of $98,250.00.
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Key Figures
Shares proposed to be sold: 1,000 shares of common stock
Aggregate market value of proposed sale: $210,577.00
Intended sale date: 08/21/2026
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6 metrics
Shares proposed to be sold
1,000 shares of common stock
Proposed sale under Rule 144 by director Mark Lawrence Plaumann
Aggregate market value of proposed sale
$210,577.00
Value associated with 1,000 shares proposed for sale
Intended sale date
08/21/2026
Planned date for Rule 144 sale of 1,000 shares
Shares sold in past 3 months
500 shares
Shares sold on 06/09/2026 by Mark Lawrence Plaumann
Aggregate proceeds from past 3‑month sale
$98,250.00
Sale of 500 shares on 06/09/2026
Equity compensation components
100, 787, 113 shares
Restricted stock lapses on 07/01/2018, 06/06/2019, 06/03/2020
Key Terms
Rule 144, Restricted Stock Lapse, Equity Compensation, Aggregate market value
4 terms
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.
Restricted Stock Lapse financial
"Common | 07/01/2018 | Restricted Stock Lapse | Diamondback Energy, Inc."
Equity Compensation financial
"100 | 07/01/2018 | 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.
Aggregate market value financial
"Common | ... | 1000 | 210577.00 | ..."
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing by FANG director Mark Lawrence Plaumann disclose?
It discloses that director Mark Lawrence Plaumann intends to sell 1,000 shares of Diamondback Energy, Inc. (FANG) common stock under Rule 144, with an indicated aggregate market value of $210,577.00 and a planned sale date of 08/21/2026.
On which market is the Diamondback Energy (FANG) stock in this Form 144 indicated to trade?
The Form 144 identifies the common stock as trading on NASDAQ in connection with Mark Lawrence Plaumann’s proposed sale of 1,000 shares of Diamondback Energy, Inc. common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.