Diamondback Energy (NASDAQ: FANG) files Form 144 notifying proposed stock sale

Rhea-AI Filing Summary

Diamondback Energy, Inc. submitted a Form 144 notifying the proposed sale of common stock through Charles Schwab & Co., Inc. The filing lists specific lots, including 1,665 shares from a restricted stock lapse dated 05/28/2024 and 8,335 shares attributable to RSU/PSU awards dated 03/01/2024.

Transaction timing and aggregate proceeds are not stated in the excerpt; the notice identifies the brokerage firm and the award dates as the operative details.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	10000	1808399.00	282078989	03/06/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/28/2024	Restricted Stock Lapse	Diamondback Energy, Inc.			1665	05/28/2024	Equity Compensation
Common	03/01/2024	RSU / PSU	Diamondback Energy, Inc.			8335	03/01/2024	Equity Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Diamondback Energy's Form 144 (FANG) mean?

It notifies a proposed sale of restricted or affiliated shares. The filing lists specific award lots and the broker handling the sale, informing the SEC and market participants of an intended disposition under Rule 144.

How many shares are shown in the provided excerpt of the Form 144?

The excerpt lists two specific lots: 1,665 and 8,335 shares. These correspond to a restricted stock lapse dated 05/28/2024 and RSU/PSU awards dated 03/01/2024 as shown in the filing.

Which broker is handling the proposed sale on the Form 144?

Charles Schwab & Co., Inc. is identified in the excerpt as the brokerage firm associated with the proposed sale, with an address listed as part of the filing details.

Does the excerpt state the aggregate proceeds or sale timing for FANG?

The excerpt does not state aggregate proceeds or a firm sale date. It lists award dates and lot sizes but does not disclose total proceeds or the exact timing of market transactions.

Are the listed RSU/PSU amounts included in the Form 144 sale notice?

Yes, RSU/PSU award lots are listed as the securities to be sold. The excerpt shows 8,335 shares tied to RSU/PSU awards dated 03/01/2024 among the items listed for sale.