Diamondback Energy (FANG) CEO sells 10,000 shares of common stock
Rhea-AI Filing Summary
Diamondback Energy, Inc. Chief Executive Officer Matthew Kaes Van't Hof reported an open-market sale of 10,000 shares of common stock on March 6, 2026 at a weighted average price of $180.8399 per share. After this transaction, he directly holds 148,614 shares.
The shares were sold in multiple trades at prices ranging from $180.665 to $181.15 per share, with the weighted average reflecting all executions in that range.
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Insights
CEO executes modest open-market sale, retaining substantial stake.
The Chief Executive Officer of Diamondback Energy, Inc. carried out an open-market sale of 10,000 common shares at a weighted average price of $180.8399 on March 6, 2026. This is a straightforward disposition rather than a derivative exercise or compensation event.
Following the sale, he still directly owns 148,614 shares, indicating that the transaction represents only a portion of his reported holdings. The footnote clarifies that the sale occurred through multiple trades within a narrow price band of $180.665 to $181.15 per share, suggesting normal execution across the market’s trading range that day.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $180.8399 | $1.81M |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $180.665 per share to $181.15 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.
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