STOCK TITAN

Diamondback Energy (FANG) chair reports stock awards and tax withholding moves

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Diamondback Energy Executive Chairman Travis D. Stice reported multiple equity-related transactions in common stock. On March 1, 2026, he acquired 18,200 restricted stock units under the company’s equity incentive plan, scheduled to vest in three equal installments beginning on March 1, 2026.

He also reported the vesting of 81,018 performance-based restricted stock units for the performance period from January 1, 2023 to December 31, 2025, which settled on March 1, 2026 after the compensation committee certified performance conditions. To cover tax withholding obligations tied to these and time-based awards, the issuer withheld several blocks of common stock, including 31,884 shares at $174.08 per share. Following these transactions, Stice reported direct ownership of common stock and indirect ownership of 369,271 shares held by Stice Investments, Ltd., which is managed by an entity owned by Stice and his spouse.

Positive

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Insider Stice Travis D.
Role Executive Chairman
Type Security Shares Price Value
Grant/Award Common Stock 18,200 $0.00 --
Grant/Award Common Stock 81,018 $0.00 --
Tax Withholding Common Stock 31,884 $174.08 $5.55M
Tax Withholding Common Stock 2,881 $174.08 $502K
Tax Withholding Common Stock 4,422 $174.08 $770K
Tax Withholding Common Stock 2,388 $174.08 $416K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 120,345 shares (Direct); Common Stock — 369,271 shares (Indirect, By Stice Investments, Ltd.)
Footnotes (1)
  1. These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted under the issuer's equity incentive plan and will vest in three equal installments beginning on March 1, 2026. These securities are performance-based restricted stock units for the performance period from January 1, 2023 to December 31, 2025 that were granted under the issuer's equity incentive plan on March 1, 2023. All of these performance-based restricted stock units vested as of December 31, 2025 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2026. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on March 1, 2023 and vested as of December 31, 2025 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2026. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2025. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the third tranche of the time-based restricted stock units granted to the reporting person on March 1, 2024. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 2025. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2026. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026. These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stice Travis D.

(Last) (First) (Middle)
500 WEST TEXAS AVENUE
SUITE 100

(Street)
MIDLAND TX 79701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Diamondback Energy, Inc. [ FANG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 A 18,200(1) A $0 120,345 D
Common Stock 03/01/2026 A 81,018(2) A $0 201,363 D
Common Stock 03/01/2026 F 31,884(3) D $174.08 169,479 D
Common Stock 03/01/2026 F 2,881(4) D $174.08 166,598 D
Common Stock 03/01/2026 F 4,422(5) D $174.08 162,176 D
Common Stock 03/01/2026 F 2,388(6) D $174.08 159,788 D
Common Stock 369,271 I(7) By Stice Investments, Ltd.(7)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted under the issuer's equity incentive plan and will vest in three equal installments beginning on March 1, 2026.
2. These securities are performance-based restricted stock units for the performance period from January 1, 2023 to December 31, 2025 that were granted under the issuer's equity incentive plan on March 1, 2023. All of these performance-based restricted stock units vested as of December 31, 2025 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2026.
3. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on March 1, 2023 and vested as of December 31, 2025 following the certification by the issuer's compensation committee of the applicable performance conditions for such performance-based restricted stock unit awards settling on March 1, 2026. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2025.
4. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the third tranche of the time-based restricted stock units granted to the reporting person on March 1, 2024. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026.
5. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the second tranche of the time-based restricted stock units granted to the reporting person on March 1, 2025. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026.
6. The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement on March 1, 2026 of the first tranche of the time-based restricted stock units granted to the reporting person on March 1, 2026. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on February 27, 2026.
7. These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.
Remarks:
/s/ Matt Zmigrosky, as attorney-in-fact for Travis D. Stice 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Diamondback Energy (FANG) disclose in Travis Stice’s latest Form 4?

The Form 4 shows Travis D. Stice receiving new stock unit awards and reporting vested performance-based units. It also details share withholdings by the issuer to satisfy tax obligations and updates both his direct and indirect common stock holdings, including shares held through Stice Investments, Ltd.

How many restricted stock units did Travis Stice receive from Diamondback Energy (FANG)?

Travis Stice received 18,200 restricted stock units, each representing a contingent right to one Diamondback common share. These units were granted under the equity incentive plan and are scheduled to vest in three equal installments starting March 1, 2026, increasing his potential future share ownership.

What performance-based stock units vested for Travis Stice at Diamondback Energy (FANG)?

81,018 performance-based restricted stock units vested for Travis Stice for the January 1, 2023 to December 31, 2025 performance period. Vesting followed compensation committee certification of performance conditions, with the awards settling in common shares on March 1, 2026 under the company’s equity plan.

Were Travis Stice’s Form 4 transactions open-market buys or sells of FANG stock?

The reported acquisitions are equity awards and vesting of restricted stock units, not open-market purchases. The dispositions use code F, indicating shares withheld by the issuer to cover tax obligations related to vesting, rather than discretionary open-market sales by Travis Stice.

At what price did Diamondback Energy withhold shares for Travis Stice’s tax obligations?

For several tax-withholding transactions, Diamondback Energy used a share price of $174.08. The number of shares withheld was determined using the closing price of the company’s common stock on specific dates, as described in the footnotes to the Form 4 transactions.

What indirect Diamondback Energy (FANG) holdings does Travis Stice report?

Travis Stice reports indirect ownership of 369,271 Diamondback common shares held by Stice Investments, Ltd. That entity is managed by Stice Management, LLC, whose membership interests are owned 100% by Stice and his spouse, with Mr. Stice serving as manager of the general partner entity.