Diamondback CAO sells 5,000 FANG shares
Diamondback Energy, Inc. Chief Accounting Officer and Executive Vice President Teresa L. Dick reported an open-market sale of 5,000 shares of Common Stock at $205.00 per share.
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, Inc. Chief Accounting Officer and Executive Vice President Teresa L. Dick reported an open-market sale of 5,000 shares of Common Stock at $205.00 per share. After this transaction, she continues to hold 80,755 shares directly, indicating she retains a substantial equity stake in the company.
Insights
Routine insider sale with substantial holdings retained.
CAO and Executive Vice President Teresa L. Dick executed an open-market sale of 5,000 shares of Diamondback Energy Common Stock at $205.00 per share. The transaction is coded as an open-market or private sale.
Following the sale, she directly holds 80,755 shares, according to the filing. With no derivative positions listed and no footnotes indicating special arrangements or 10b5-1 plans, this appears to be a straightforward disposition of shares while maintaining significant ongoing ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $205.00 | $1.02M |
Key Figures
Key Terms
open-market sale financial
Common Stock financial
transaction code S financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Diamondback Energy (FANG) report for Teresa L. Dick?
Was the Diamondback Energy (FANG) insider trade by Teresa L. Dick a buy or a sell?
Does Teresa L. Dick still have a significant stake in Diamondback Energy (FANG) after this sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.