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Diamondback Energy (FANG) director granted 982 RSUs as annual award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stice Travis D. reported acquisition or exercise transactions in this Form 4 filing.

Diamondback Energy, Inc. director Travis D. Stice received a grant of 982 restricted stock units of common stock at no cash cost, classified as an annual non-employee director grant under the company’s equity incentive plan.

These restricted stock units vest on the earlier of the one-year anniversary of the grant date and the 2027 annual stockholders’ meeting. After this grant, Mr. Stice directly holds 124,727 shares of common stock and indirectly holds 305,314 shares through Stice Investments, Ltd., which he and his spouse control via Stice Management, LLC.

Positive

  • None.

Negative

  • None.
Insider Stice Travis D.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 982 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 124,727 shares (Direct, null); Common Stock — 305,314 shares (Indirect, By Stice Investments, Ltd.)
Footnotes (1)
  1. These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted to Mr. Stice as an annual non-employee director grant under the issuer's equity incentive plan and will vest on the earlier of the one-year anniversary of the date of grant and the date of the 2027 annual meeting of stockholders of the issuer. These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.
Restricted stock unit grant 982 units Annual non-employee director grant to Travis D. Stice
Direct holdings after grant 124,727 shares Common stock directly held by Travis D. Stice
Indirect holdings after grant 305,314 shares Common stock held via Stice Investments, Ltd.
Par value per share $0.01 per share Par value of Diamondback Energy common stock
restricted stock units financial
"These securities are restricted stock units, each representing a contingent right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
equity incentive plan financial
"granted to Mr. Stice as an annual non-employee director grant under the issuer's equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
annual non-employee director grant financial
"These restricted stock units were granted to Mr. Stice as an annual non-employee director grant"
Form 4 Insider Transactions: What Each Field Means →
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*
Stice Travis D.
(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)
05/20/2026		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 Stock05/20/2026A982(1)A$0124,727D
Common Stock305,314I(2)By Stice Investments, Ltd.(2)
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. These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of the issuer. These restricted stock units were granted to Mr. Stice as an annual non-employee director grant under the issuer's equity incentive plan and will vest on the earlier of the one-year anniversary of the date of grant and the date of the 2027 annual meeting of stockholders of the issuer.
2. These securities are held by Stice Investments, Ltd., which is managed by Stice Management, LLC, its general partner. Mr. Stice and his spouse hold 100% of the membership interests in Stice Management, LLC, of which Mr. Stice is the manager.
Remarks:
/s/ Matt Zmigrosky, as attorney-in-fact for Travis D. Stice05/21/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Diamondback Energy (FANG) report for Travis D. Stice?

Diamondback Energy reported that director Travis D. Stice received 982 restricted stock units of common stock as an annual non-employee director grant. The award was made under the company’s equity incentive plan and did not involve any cash purchase price per share.

How many Diamondback Energy (FANG) shares does Travis D. Stice hold after this Form 4?

After this filing, Travis D. Stice directly holds 124,727 shares of Diamondback Energy common stock and indirectly holds 305,314 shares. The indirect holdings are through Stice Investments, Ltd., which is managed by Stice Management, LLC, owned by Mr. Stice and his spouse.

What are the vesting terms of Travis D. Stice’s new Diamondback Energy (FANG) restricted stock units?

The 982 restricted stock units granted to Travis D. Stice vest on the earlier of the one-year anniversary of the grant date and the date of Diamondback Energy’s 2027 annual stockholders’ meeting. Each unit represents a contingent right to receive one share of common stock.

Is Travis D. Stice’s latest Diamondback Energy (FANG) Form 4 a market purchase or sale?

The Form 4 reflects a grant of 982 restricted stock units to Travis D. Stice, not an open-market purchase or sale. The transaction code is “A”, indicating a grant, award, or other acquisition as part of director compensation rather than trading activity.

How are Travis D. Stice’s indirect Diamondback Energy (FANG) holdings structured?

Travis D. Stice’s 305,314 indirect Diamondback Energy shares are held by Stice Investments, Ltd. This entity is managed by Stice Management, LLC, its general partner, which is wholly owned by Mr. Stice and his spouse, with Mr. Stice serving as manager.