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Diamondback director reports 100K-share gifts

Diamondback Energy director Charles Alvin Meloy restructured family holdings through 100,000 gifted shares, ending with 28,257 shares held directly in a community property account.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Diamondback Energy, Inc. (FANG) director Charles Alvin Meloy reported a series of bona fide gift transfers of common stock on September 15–16, 2026. On September 15, 2026, an entity associated with him, Wolfrock Energy, LLC, gifted 12,500 shares each to the Katy Evans Meloy 2011 Trust and the Grady Allen Meloy 2011 Trust, increasing those trusts’ indirect holdings. On September 16, 2026, all Diamondback shares held by these two trusts were gifted into a community property account held by Mr. Meloy and his spouse, resulting in a directly owned position of 28,257 shares reported after that transfer. No Rule 10b5-1 trading plan is reported, and the transactions involve gifts rather than open-market purchases or sales.

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Insider Meloy Charles Alvin
Role Director
Type Security Shares Price Value
Gift Common Stock F4, F3 12,500 $0.00 $0.00
Gift Common Stock F4, F3 12,500 $0.00 $0.00
Gift Common Stock F4 25,000 $0.00 $0.00
Gift Common Stock F1, F2 25,000 $0.00 $0.00
Gift Common Stock F1, F3 12,500 $0.00 $0.00
Gift Common Stock F1, F3 12,500 $0.00 $0.00
Holdings After Transaction: Common Stock — 793,197 shares (Indirect, Wolfrock Energy, LLC); Common Stock — 0 shares (Indirect, Katy Evans Meloy 2011 Trust); Common Stock — 0 shares (Indirect, Grady Allen Meloy 2011 Trust); Common Stock — 28,257 shares (Direct)
Footnotes (4)
  1. F1. On September 15, 2026, Wolfrock Energy, LLC, a Texas limited liability company whose sole member is CS Ventures, Ltd. CS Ventures, Ltd. is controlled by its general partner, Meloy Management, LLC, which is controlled by the Reporting Person, gifted 12,500 shares to the Katy Evans Meloy 2011 Trust and 12,500 shares to the Grady Allen Meloy 2011 Trust.
  2. F2. These securities are held directly by Wolfrock Energy, LLC, a Texas limited liability company whose sole member is CS Ventures, Ltd. CS Ventures, Ltd. is controlled by its general partner, Meloy Management, LLC, which is controlled by the Reporting Person.
  3. F3. Mr. Meloy is a trustee of each of the Katy Evans Meloy 2011 Trust and the Grady Allen Meloy 2011 Trust.
  4. F4. On September 16, 2026, all of the issuer's securities held by the Katy Evans Meloy 2011 Trust and the Grady Allen Meloy 2011 Trust were gifted to a community property account held by Mr. Meloy and his spouse.
Total gift shares 100,000 shares Total common shares reported as bona fide gifts across all transactions
Wolfrock Energy, LLC gift 25,000 shares Gifted on September 15, 2026 to two 2011 family trusts (12,500 each)
Trust-to-community account gift 25,000 shares Gift of all issuer securities from the Katy and Grady Meloy 2011 Trusts on September 16, 2026
Direct holdings after gift 28,257 shares Shares held in a community property account after September 16, 2026 transaction
Wolfrock indirect holdings after gift 793,197 shares Indirectly held by Wolfrock Energy, LLC after the September 15, 2026 gift
Gift transactions count 6 transactions Number of bona fide gift transactions reported in the Form 4
bona fide gift financial
"Each transaction is coded as a bona fide gift of common stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
community property account financial
"All trust-held securities were gifted to a community property account"
indirect ownership financial
"These securities are held directly by Wolfrock Energy, LLC"
reporting person regulatory
"Meloy Management, LLC, which is controlled by the Reporting Person"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did FANG director Charles Alvin Meloy report on this Form 4?

He reported six bona fide gift transactions of Diamondback Energy common stock on September 15–16, 2026, involving movements of shares among Wolfrock Energy, LLC, family trusts, and a community property account held by him and his spouse.

How many Diamondback Energy (FANG) shares were involved in the gifts reported?

The filing shows a total of 100,000 shares of common stock involved in bona fide gifts, according to the transaction summary, with six gift transactions reported and no open-market purchases or sales.

What is Charles Alvin Meloy’s direct Diamondback Energy (FANG) holding after these gifts?

After the September 16, 2026 gift of all trust-held shares into a community property account, Mr. Meloy is reported as directly holding 28,257 shares of Diamondback Energy common stock in that community property account.

How were family trusts used in the FANG stock gifts by Charles Alvin Meloy?

On September 15, 2026, Wolfrock Energy, LLC gifted 12,500 shares each to the Katy Evans Meloy 2011 Trust and the Grady Allen Meloy 2011 Trust. On September 16, 2026, all issuer securities in both trusts were then gifted into a community property account held by Mr. Meloy and his spouse.

Were the reported FANG insider transactions under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 box is not checked, and there is no disclosure that these bona fide gift transactions were made under a Rule 10b5-1 or similar pre-arranged trading plan.

What role does Wolfrock Energy, LLC play in the FANG Form 4 transactions?

Wolfrock Energy, LLC, whose sole member is CS Ventures, Ltd., is described as the entity holding certain shares. On September 15, 2026, it gifted 25,000 shares of Diamondback Energy common stock, 12,500 shares to each of two 2011 family trusts associated with Mr. Meloy.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Meloy Charles Alvin

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

(Street)
MIDLAND TEXAS 79701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Diamondback Energy, Inc. [ FANG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026G25,000(1)D$0793,197I(2)Wolfrock Energy, LLC(2)
Common Stock09/15/2026GV12,500(1)A$012,500I(3)Katy Evans Meloy 2011 Trust(3)
Common Stock09/15/2026GV12,500(1)A$012,500I(3)Grady Allen Meloy 2011 Trust(3)
Common Stock09/16/2026G12,500(4)D$00I(3)Katy Evans Meloy 2011 Trust(3)
Common Stock09/16/2026G12,500(4)D$00I(3)Grady Allen Meloy 2011 Trust(3)
Common Stock09/16/2026GV25,000(4)A$028,257D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On September 15, 2026, Wolfrock Energy, LLC, a Texas limited liability company whose sole member is CS Ventures, Ltd. CS Ventures, Ltd. is controlled by its general partner, Meloy Management, LLC, which is controlled by the Reporting Person, gifted 12,500 shares to the Katy Evans Meloy 2011 Trust and 12,500 shares to the Grady Allen Meloy 2011 Trust.
2. These securities are held directly by Wolfrock Energy, LLC, a Texas limited liability company whose sole member is CS Ventures, Ltd. CS Ventures, Ltd. is controlled by its general partner, Meloy Management, LLC, which is controlled by the Reporting Person.
3. Mr. Meloy is a trustee of each of the Katy Evans Meloy 2011 Trust and the Grady Allen Meloy 2011 Trust.
4. On September 16, 2026, all of the issuer's securities held by the Katy Evans Meloy 2011 Trust and the Grady Allen Meloy 2011 Trust were gifted to a community property account held by Mr. Meloy and his spouse.
Remarks:
/s/ Matt Zmigrosky, as attorney-in-fact for Charles A. Meloy09/17/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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