Diamondback director-linked entity sells 15,714 shares
Diamondback Energy director Charles Meloy, through Wolfrock Energy, LLC, sold 15,714 shares of common stock in open-market transactions on March 9–10, 2026.
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Rhea-AI Filing Summary
Diamondback Energy director Charles Meloy, through Wolfrock Energy, LLC, sold 15,714 shares of common stock in open-market transactions on March 9–10, 2026. The sales were executed under a Rule 10b5-1 trading plan, meaning they were pre-scheduled rather than timed discretionarily.
The weighted average sale prices for the trades ranged from about $177.09 to $186.16 per share across multiple blocks. Following these transactions, entities associated with Meloy continued to hold 966,292 shares indirectly through Wolfrock Energy, LLC, plus 2,275 shares directly, indicating the sales represented a small portion of his overall reported position.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 566 | $177.0942 | $100K |
| Sale | Common Stock | 1,686 | $178.0978 | $300K |
| Sale | Common Stock | 1,746 | $178.8219 | $312K |
| Sale | Common Stock | 1,075 | $180.247 | $194K |
| Sale | Common Stock | 1,329 | $181.1491 | $241K |
| Sale | Common Stock | 1,455 | $182.0306 | $265K |
| Sale | Common Stock | 388 | $180.4464 | $70K |
| Sale | Common Stock | 709 | $181.433 | $129K |
| Sale | Common Stock | 1,849 | $182.6671 | $338K |
| Sale | Common Stock | 2,876 | $183.4302 | $528K |
| Sale | Common Stock | 1,465 | $184.4581 | $270K |
| Sale | Common Stock | 462 | $185.4029 | $86K |
| Sale | Common Stock | 108 | $186.1566 | $20K |
| holding | Common Stock | -- | -- | -- |
Footnotes (15)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $179.915 per share to $180.805 per share, inclusive. The reporting person undertakes to provide to Diamondback Energy, Inc., any security holder of Diamondback Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and in footnotes 4 through 15.
- F3. 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.
- F4. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $180.975 per share to $181.970 per share, inclusive.
- F5. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $181.975 per share to $182.970 per share, inclusive.
- F6. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $183.00 per share to $183.99 per share, inclusive.
- F7. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $184.010 per share to $184.945 per share, inclusive.
- F8. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $185.015 per share to $186.005 per share, inclusive.
- F9. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $186.05 per share to $186.31 per share, inclusive.
- F10. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $176.505 per share to $177.42 per share, inclusive.
- F11. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $177.54 per share to $178.525 per share, inclusive.
- F12. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $178.57 per share to $179.53 per share, inclusive.
- F13. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $179.615 per share to $180.57 per share, inclusive.
- F14. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $180.69 per share to $181.655 per share, inclusive.
- F15. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $181.695 per share to $182.515 per share, inclusive.
FAQ
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Were Charles Meloy’s Diamondback Energy (FANG) stock sales pre-planned under Rule 10b5-1?
Did this Diamondback Energy (FANG) Form 4 include any option exercises or derivative transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.