Diamondback Energy (FANG) EVP Barkmann sells 3,000 shares at about $204
Rhea-AI Filing Summary
Diamondback Energy, Inc. Executive Vice President and Chief Engineer Albert Barkmann reported an open-market sale of common stock. He sold 3,000 shares at a weighted average price of $204.0375 per share, in multiple trades between $204.00 and $204.07 per share. Following this transaction, he directly holds 24,571 shares of Diamondback Energy common stock.
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Insights
Small open-market sale by an executive, with substantial holdings retained.
Executive Vice President and Chief Engineer Albert Barkmann executed an open-market sale of 3,000 shares of Diamondback Energy common stock at a weighted average price of $204.0375 per share. The trade was executed across a tight range of prices from $204.00 to $204.07.
After this transaction, Barkmann still directly holds 24,571 shares, indicating he retains a meaningful equity stake. The filing describes a straightforward open-market sale with no derivative exercises, gifts, or tax-withholding events, suggesting a routine liquidity move rather than a complex restructuring.
There is no reference to a Rule 10b5-1 trading plan in the provided footnote, and no derivative positions are listed in the derivative summary. Subsequent company filings may provide additional context on future insider activity or changes in equity-based compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $204.0375 | $612K |
Footnotes (1)
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Key Figures
Key Terms
open-market sale financial
weighted average sale price financial
Form 4 regulatory
non-derivative financial
FAQ
What did Diamondback Energy (FANG) executive Albert Barkmann report in this Form 4?
Albert Barkmann reported an open-market sale of Diamondback Energy common stock. He sold 3,000 shares at a weighted average price of $204.0375 per share across multiple trades, and after these sales he directly holds 24,571 shares of Diamondback Energy common stock.
What type of transaction did Albert Barkmann report for Diamondback Energy (FANG)?
The Form 4 identifies Barkmann’s activity as an open-market sale of common stock, coded “S.” This indicates a sale in the market or a private transaction, rather than an option exercise, gift, tax withholding event, or internal restructuring of his Diamondback Energy equity position.
Did the Diamondback Energy (FANG) Form 4 mention derivative securities for Albert Barkmann?
The filing’s derivative summary section is empty for this report. That means no options, warrants, or other derivative securities transactions were disclosed in this specific Form 4, and only a non-derivative common stock sale of 3,000 shares was reported for Barkmann.