Diamondback holder may sell 114.9M shares
A 10% stockholder of Diamondback Energy has filed a Rule 144 notice covering 114,899,378 merger-consideration shares of FANG common stock.
Rhea-AI Filing Summary
Diamondback Energy, Inc. (FANG) is the issuer of common stock that a significant holder, SGF FANG Holdings, has notified under Rule 144 it may sell. The notice covers 114,899,378 shares of common stock, which were issued as consideration in Diamondback’s acquisition of Endeavor Parent, LLC on September 10, 2024.
The holder is identified as a 10% stockholder, and Morgan Stanley & Co. LLC is listed in connection with the common stock, which is traded on NASDAQ.
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Key Figures
Shares covered by Rule 144 notice: 114,899,378 shares
Holder status: 10% stockholder
Acquisition date for issued shares: September 10, 2024
+1 more
4 metrics
Shares covered by Rule 144 notice
114,899,378 shares
Securities To Be Sold section for Diamondback Energy common stock
Holder status
10% stockholder
SGF FANG Holdings identified as a 10% stockholder
Acquisition date for issued shares
September 10, 2024
Date shares were issued as consideration for the acquisition of Endeavor Parent, LLC
Trading market
NASDAQ
Listing market for Diamondback Energy common stock referenced in the notice
Key Terms
Rule 144, 10% Stockholder, Securities To Be Sold, Merger consideration (equity), +1 more
5 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.
10% Stockholder financial
"In addition, information shall be given as to sales by all persons ... 10% Stockholder"
Securities To Be Sold financial
"144: Securities To Be Sold Common Stock, $0.01 par value | 09/10/2024"
Merger consideration (equity) financial
"| 114899378 | 09/10/2024 | Merger consideration (equity)"
Common Stock, $0.01 par value financial
"144: Securities Information Common Stock, $0.01 par value | Morgan Stanley"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for Diamondback Energy (FANG)?
The filing discloses that SGF FANG Holdings, a 10% stockholder of Diamondback Energy, has filed a Rule 144 notice covering the potential sale of 114,899,378 shares of Diamondback common stock.
On which market is Diamondback Energy (FANG) common stock listed in this filing?
The notice identifies Diamondback Energy’s common stock as traded on NASDAQ, in connection with the common stock described in the Rule 144 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.