Diamondback EVP has 682 shares withheld for tax
Diamondback Energy’s executive vice president had shares withheld for tax on RSU vesting, leaving him with 23,889 directly held shares.
Rhea-AI Filing Summary
Diamondback Energy, Inc. (FANG) reported that executive vice president and chief engineer Albert Barkmann had 682 shares of common stock withheld on September 10, 2026 to satisfy tax withholding obligations tied to the vesting and settlement of a time-based RSU grant. The shares were valued at $202.63 per share, based on the September 9, 2026 closing price. After this tax-withholding transaction, Barkmann directly holds 23,889 shares of Diamondback common stock. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 682 | $202.63 | $138K |
Footnotes (1)
- F1. 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 September 10, 2026 of the second tranche of the time-based restricted stock units granted to the reporting person on September 10, 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 September 9, 2026.
Key Figures
Key Terms
time-based restricted stock units financial
vesting and settlement financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Diamondback Energy (FANG) report for Albert Barkmann?
Was the Form 4 transaction for FANG a market sale or tax withholding?
Was a Rule 10b5-1 trading plan involved in this FANG Form 4 transaction?
What RSU grant triggered the tax-withholding in Diamondback Energy’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.