Teresa L. Dick sells $1.96M in Diamondback Energy (NASDAQ: FANG) stock
Rhea-AI Filing Summary
Diamondback Energy insiders filed Form 144 reporting proposed and completed sales of Common Stock. The filing lists a proposed sale of 5,000 shares described as "Performance Stock Lapse" dated 03/01/2024 under Equity Compensation. It also reports sales completed in March 2026 by Teresa L. Dick: 3,000 shares on 03/06/2026 for $544,373, 2,500 shares on 03/09/2026 for $462,500, and 5,000 shares on 03/18/2026 for $950,000. The transactions are recorded through Charles Schwab & Co., Inc.
Positive
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Negative
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Insights
Form 144 shows scheduled/resolved insider dispositions totaling $1,956,873 across three March 2026 trades.
These entries list specific sales by Teresa L. Dick on 03/06/2026, 03/09/2026, and 03/18/2026, with per‑trade amounts recorded. The filing also notes a separate block of 5,000 shares tied to a "Performance Stock Lapse" dated 03/01/2024.
Cash‑flow treatment to the issuer is not stated; subsequent filings or broker records would clarify whether these were open‑market sales or otherwise. Stakeholders may watch future SEC disclosures for additional insider transactions or clarifying schedules.
FAQ
What did Diamondback Energy (FANG) insiders report on Form 144?
Who sold shares according to the Form 144 and when?
What were the proceeds reported for the March 2026 trades?
What is the "Performance Stock Lapse" entry in the Form 144?
Through which broker were the securities processed?