Diamondback Energy director sells 33,333 shares
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Rhea-AI Filing Summary
Diamondback Energy, Inc. director Charles Alvin Meloy, through Wolfrock Energy, LLC, sold 33,333 shares of common stock on August 3, 2026 in multiple open-market transactions at weighted average prices between $196.34 and $199.495 per share under a Rule 10b5-1 trading plan adopted March 17, 2026. He continues to hold 3,257 shares directly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 3,986 | $197.0581 | $785K |
| Sale | Common Stock F1, F4, F3 | 7,562 | $197.9121 | $1.50M |
| Sale | Common Stock F1, F5, F3 | 19,055 | $198.739 | $3.79M |
| Sale | Common Stock F1, F6, F3 | 2,730 | $199.4439 | $544K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Meloy on March 17, 2026.
- F2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $196.34 per share to $197.34 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 6.
- 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 $197.35 per share to $198.35 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 $198.36 per share to $199.36 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 $199.3825 per share to $199.495 per share, inclusive.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
Wolfrock Energy, LLC financial
CS Ventures, Ltd. financial
Meloy Management, LLC financial
FAQ
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What insider transaction did Diamondback Energy (FANG) report for Charles Alvin Meloy?
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