Diamondback 10% holder sells 9,079,675 shares
A ten percent owner entity associated with Lyndal Greth sold over 9 million FANG shares under Rule 144, leaving it with about 65 million shares directly held.
Rhea-AI Filing Summary
Diamondback Energy, Inc. (FANG) had a large insider sale reported by SGF FANG Holdings, LP, a ten percent owner associated with Lyndal Greth. On September 16, 2026, SGF FANG Holdings, LP sold 9,079,675 shares of common stock at $205.26 per share in a sale reported as an open-market or private transaction and disclosed as made pursuant to Rule 144 under the Securities Act of 1933. Following this transaction, the reporting entity held 64,957,047 shares of Diamondback Energy common stock directly, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 9,079,675 | $205.26 | $1.86B |
Footnotes (1)
- F1. On September 16, 2026, SGF FANG Holdings, LP, a Delaware limited partnership, sold 9,079,675 shares of common stock of Diamondback Energy, Inc., par value $0.01 per share, pursuant to Rule 144 under the Securities Act of 1933, as amended.
Key Figures
Key Terms
Rule 144 regulatory
ten percent owner regulatory
Securities Act of 1933 regulatory
par value financial
FAQ
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What insider transaction in FANG stock did SGF FANG Holdings, LP report?
Is the SGF FANG Holdings, LP transaction in FANG tied to a Rule 10b5-1 trading plan?
Who are the reporting persons on this FANG Form 4 filing?
What type of security was sold in the FANG insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.