Diamondback Energy (NASDAQ: FANG) CAO sells 7,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diamondback Energy, Inc. executive Teresa L. Dick, the company’s CAO and Executive Vice President, carried out an open-market sale of 7,000 shares of common stock at an average price of $200.9001 per share. After this transaction, she directly holds 85,755 shares, so the sale represents a relatively small portion of her overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares ($1,406,301)
Net Sell
1 txn
Insider
Dick Teresa L.
Role
CAO, Exec. VP, Assist. Sec.
Sold
7,000 shs ($1.41M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,000 | $200.9001 | $1.41M |
Holdings After Transaction:
Common Stock — 85,755 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 7,000 shares
Sale price: $200.9001 per share
Shares held after transaction: 85,755 shares
+1 more
4 metrics
Shares sold
7,000 shares
Open-market sale of common stock
Sale price
$200.9001 per share
Average sale price for the transaction
Shares held after transaction
85,755 shares
Directly owned common stock following sale
Net share change
-7,000 shares
Net-sell direction from transactionSummary
Key Terms
open-market sale, Common Stock, beneficially owned, Form 4
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficially owned financial
"total shares beneficially owned after the open-market transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4 regulatory
"reported on a Form 4 as a standard insider trade"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Diamondback Energy (FANG) report for Teresa L. Dick?
Diamondback Energy reported that Teresa L. Dick executed an open-market sale of 7,000 shares of common stock. The transaction was reported on a Form 4 as a standard insider trade, reflecting a reduction in her directly held share position.
Was the Diamondback Energy (FANG) insider transaction a buy or a sell?
The reported insider transaction was a sell. The Form 4 lists transaction code "S" and characterizes it as an open-market sale of common stock, indicating that Teresa L. Dick disposed of 7,000 shares rather than acquiring additional shares.
Does the Form 4 show any derivative transactions for Diamondback Energy (FANG)?
The Form 4 does not show any derivative security transactions. The filing’s transaction data and derivativeSummary indicate only a single non-derivative transaction: an open-market sale of 7,000 shares of Diamondback Energy common stock by Teresa L. Dick.