FANG insider reports 34,000-share gift; 1,044,864 held indirectly
Rhea-AI Filing Summary
Diamondback Energy (FANG) director Charles A. Meloy reported a Code G gift of 34,000 shares of common stock on 11/12/2025 at $0 per share. Following the transaction, 1,044,864 shares were beneficially owned indirectly through Wolfrock Energy, LLC.
The filing identifies Mr. Meloy as a director. A footnote explains the indirect ownership structure: Wolfrock Energy, LLC is owned by CS Ventures, Ltd., of which Mr. Meloy and his spouse are limited partners, and which is controlled by CSV Management Trust with Mr. Meloy as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 34,000 shares
Net Sell
2 txns
Insider
Meloy Charles Alvin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 34,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,044,864 shares (Indirect, Wolfrock Energy, LLC);
Common Stock — 2,275 shares (Direct)
Footnotes (1)
- F1. These securities are held directly by Wolfrock Energy, LLC, a Texas limited liability company whose sole member is CS Ventures, Ltd., of which Mr. Meloy and his spouse are the limited partners. CS Ventures, Ltd. is controlled by its general partner, CSV Management Trust, of which Mr. Meloy is the trustee.
FAQ
What did FANG director Charles A. Meloy report in this Form 4?
A gift (Code G) of 34,000 shares of Diamondback Energy common stock on 11/12/2025 at $0 per share.
What does transaction code G mean in a Form 4?
Code G indicates a gift of securities, typically recorded at $0 per share.
What is the relationship of the reporting person to Diamondback Energy (FANG)?
The reporting person is a Director of Diamondback Energy, Inc.
Was a Rule 10b5-1(c) trading plan disclosed?
The form includes a checkbox reference, but the excerpt only lists the option; it does not indicate a selection.
AI-generated analysis. How Rhea-AI works. Not financial advice.