Diamondback EVP sells 1,326 shares at $212
Rhea-AI Filing Summary
Diamondback Energy, Inc. (FANG) reported that executive vice president and chief legal and administrative officer Matt Zmigrosky sold 1,326 shares of common stock on September 15, 2026 in a sale described as occurring in an open-market or private transaction at a price of $212.5554 per share. Following this transaction, he directly held 36,705 shares of Diamondback Energy common stock. No Rule 10b5-1 trading plan is reported for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,326 shares
Net Sell
1 txn
Insider
Zmigrosky Matt
Role
EVP, Chief Legal and Admin Off
Sold
1,326 shs ($282K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,326 | $212.5554 | $282K |
Holdings After Transaction:
Common Stock — 36,705 shares (Direct)
Key Figures
Shares sold: 1,326 shares
Sale price per share: $212.5554 per share
Shares held after transaction: 36,705 shares
+2 more
5 metrics
Shares sold
1,326 shares
Common stock sale reported for September 15, 2026
Sale price per share
$212.5554 per share
Open-market or private transaction on September 15, 2026
Shares held after transaction
36,705 shares
Direct holdings of Matt Zmigrosky after the September 15, 2026 sale
Number of sale transactions
1 transaction
Single reported insider sale on the Form 4
Net shares sold
1,326 shares
Net effect of reported insider transactions in this filing
Key Terms
open market or private transaction, direct ownership, Rule 10b5-1 trading plan
3 terms
open market or private transaction financial
"described as occurring in an open-market or private transaction at a price"
direct ownership financial
"he directly held 36,705 shares of Diamondback Energy common stock"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this sale"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FANG disclose for Matt Zmigrosky?
Diamondback Energy disclosed that Matt Zmigrosky, its executive vice president and chief legal and administrative officer, sold 1,326 shares of common stock on September 15, 2026 in an open-market or private transaction at $212.5554 per share.
Was the September 15, 2026 FANG insider sale under a Rule 10b5-1 trading plan?
No. The filing indicates that the sale of 1,326 shares by Matt Zmigrosky on September 15, 2026 was not made pursuant to a Rule 10b5-1 trading plan.
How many insider sale transactions does this FANG Form 4 report?
The Form 4 reports one sale transaction: an open-market or private sale of 1,326 shares of Diamondback Energy common stock on September 15, 2026.
Is the insider’s ownership in FANG direct or indirect after the transaction?
After the September 15, 2026 sale, the filing states that Matt Zmigrosky’s remaining 36,705 shares of Diamondback Energy common stock are held through direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.