Diamondback director granted 982 RSUs

Meloy Charles Alvin reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Meloy Charles Alvin reported acquisition or exercise transactions in this Form 4 filing.

Diamondback Energy director Charles Alvin Meloy received an equity award of 982 restricted stock units, each representing one share of common stock. The grant was made as an annual non-employee director award under the company’s equity incentive plan at a price of $0.00 per unit.

These restricted stock units will vest on the earlier of the one-year anniversary of the grant date and the date of Diamondback Energy’s 2027 annual meeting of stockholders. After this grant, Meloy holds 3,257 shares of common stock directly and 934,864 shares indirectly through Wolfrock Energy, LLC.

Insider Trade Summary

Grant/Award: 982 shares

Grant/Award 2 txns

Insider Meloy Charles Alvin

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	982	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,257 shares (Direct); Common Stock — 934,864 shares (Indirect, Wolfrock Energy, LLC)

Footnotes (2)

F1. 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. Meloy 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.
F2. 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.

Key Figures

RSUs granted: 982 shares Grant price: $0.00 per share Direct holdings after grant: 3,257 shares +2 more

5 metrics

RSUs granted 982 shares Annual non-employee director grant of restricted stock units

Grant price $0.00 per share Price per restricted stock unit in the director grant

Direct holdings after grant 3,257 shares Diamondback Energy common stock held directly by Meloy

Indirect holdings 934,864 shares Common stock held indirectly through Wolfrock Energy, LLC

Vesting condition Earlier of 1-year from grant or 2027 meeting RSUs vest by one-year anniversary or 2027 annual meeting

Key Terms

restricted stock units, equity incentive plan, annual non-employee director grant, annual meeting of stockholders, +1 more

5 terms

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

"These restricted stock units were granted to Mr. Meloy 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. Meloy as an annual non-employee director grant under the issuer's equity incentive plan"

annual meeting of stockholders financial

"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"

indirect ownership financial

"These securities are held directly by Wolfrock Energy, LLC, a Texas limited liability company whose sole member is CS Ventures, Ltd."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Charles Alvin Meloy report in his latest Form 4 for FANG?

Charles Alvin Meloy reported receiving 982 restricted stock units in Diamondback Energy common stock as an annual non-employee director grant, plus his updated direct and indirect share holdings following this equity award.

How many Diamondback Energy (FANG) shares did Meloy receive in this grant?

Meloy received 982 restricted stock units, each representing one share of Diamondback Energy common stock. The units were granted at $0.00 per share as part of his annual non-employee director equity compensation.

When do Charles Meloy’s new Diamondback Energy restricted stock units vest?

The restricted stock units vest on the earlier of the one-year anniversary of the grant date and Diamondback Energy’s 2027 annual meeting of stockholders, aligning the director’s compensation with continued board service over that period.

How many Diamondback Energy (FANG) shares does Meloy hold after this Form 4?

After the reported transactions, Meloy holds 3,257 Diamondback Energy common shares directly and 934,864 shares indirectly through Wolfrock Energy, LLC, providing a view of both his personal and entity-related ownership stakes.

What are the restricted stock units granted to Meloy by Diamondback Energy?

The restricted stock units are equity awards that each represent a contingent right to receive one share of Diamondback Energy common stock, par value $0.01, subject to the specified vesting conditions tied to time and the 2027 annual meeting.

How does Meloy indirectly own Diamondback Energy (FANG) shares?

Meloy’s indirect holdings are through Wolfrock Energy, LLC, whose sole member is CS Ventures, Ltd. CS Ventures is controlled by its general partner, Meloy Management, LLC, which in turn is controlled by Meloy, linking these shares to him.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/21/2026 - 05:57 PM

SEC Form 4

FORM 4

UNITED 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^*

Meloy Charles Alvin

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/20/2026		A		982⁽¹⁾	A	$0	3,257	D
Common Stock								934,864	I⁽²⁾	Wolfrock Energy, LLC⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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. Meloy 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 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.

Remarks:

	/s/ Matt Zmigrosky, as attorney-in-fact for Charles A. Meloy	05/21/2026
	** Signature of Reporting Person	Date
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