Diamondback COO sells 5,000 company shares
Diamondback Energy Exec.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Diamondback Energy Exec. VP & COO Daniel N. Wesson sold 5,000 shares of Common Stock in an open-market transaction on 2026-03-20 at a weighted average price of $191.9552 per share. After this sale, he directly holds 78,289 shares, indicating he retains a substantial equity position.
The sale price reflects multiple individual trades executed between $191.9301 and $192.111 per share, as disclosed. The filing describes this as a routine open-market sale rather than a derivative exercise or tax-related transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $191.9552 | $960K |
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 $191.9301 per share to $192.111 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Diamondback Energy (FANG) report for Daniel N. Wesson?
Was the Diamondback Energy (FANG) insider sale a derivative exercise or a tax withholding event?
Who is the insider involved in the latest Diamondback Energy (FANG) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.