Diamondback Energy, Inc.·4

Feb 4, 4:01 PM ET

Meloy Charles Alvin 4

4 · Diamondback Energy, Inc. · Filed Feb 4, 2026

Research Summary

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Diamondback (FANG) Director Charles Meloy Sells Shares

What Happened Charles Alvin Meloy, a director of Diamondback Energy (FANG), disposed of a total of 62,805 shares in open-market transactions on Feb 2–3, 2026. The four reported sales were: 2,200 shares at a weighted avg $160.17 ($352,369); 36,310 shares at $160.37 ($5,822,973); 5,597 shares at $161.42 ($903,470); and 18,698 shares at $162.49 ($3,038,315). Total proceeds across all trades were about $10,117,127. These are sales (not purchases) and were effected under a pre-established Rule 10b5-1 trading plan.

Key Details

  • Filing date: Feb 4, 2026; Reported transaction period: Feb 2–3, 2026. The Form 4 appears timely (filed within the normal 2-business-day reporting window).
  • Total shares sold: 62,805; Total proceeds: ~$10.12 million.
  • Per-line price info and ranges (weighted averages reported; individual trade price ranges noted in footnotes):
    • 2,200 shares on 2026-02-02 — weighted avg $160.17; prices ranged $160.00–$160.43 (F2).
    • 36,310 shares on 2026-02-03 — weighted avg $160.37; prices ranged $160.00–$160.99 (F4).
    • 5,597 shares on 2026-02-03 — weighted avg $161.42; prices ranged $161.00–$161.90 (F5).
    • 18,698 shares on 2026-02-03 — weighted avg $162.49; prices ranged $162.00–$162.885 (F6).
  • 10b5-1 plan: Trades were executed under a Rule 10b5-1 plan adopted Aug 13, 2025 (F1).
  • Ownership structure note: Some securities sold are held directly by Wolfrock Energy, LLC; CS Ventures, Ltd. and Meloy Management, LLC are noted as controlling entities (F3).
  • Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

  • Sales under a 10b5-1 plan are pre-planned and typically reduce the informational significance of routine disposals; they do not necessarily indicate a change in the insider’s view of the company. For more granular per-price allocation within the reported ranges, the filer indicates full breakdowns are available upon request (per the footnotes).

Insider Transaction Report

Form 4
Period: 2026-02-02
Transactions
  • Sale

    Common Stock

    [F1][F2][F3]
    2026-02-02$160.17/sh2,200$352,3691,042,611 total(indirect: By LLC)
  • Sale

    Common Stock

    [F1][F4][F3]
    2026-02-03$160.37/sh36,310$5,822,9731,006,301 total(indirect: By LLC)
  • Sale

    Common Stock

    [F1][F5][F3]
    2026-02-03$161.42/sh5,597$903,4701,000,704 total(indirect: By LLC)
  • Sale

    Common Stock

    [F1][F6][F3]
    2026-02-03$162.49/sh18,698$3,038,315982,006 total(indirect: By LLC)
Holdings
  • Common Stock

    2,275
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 August 13, 2025.
  • [F2]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $160.00 per share to $160.43 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.
  • [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 $160.00 per share to $160.99 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.
  • [F5]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $161.00 per share to $161.90 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.
  • [F6]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $162.00 per share to $162.885 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.
Signature
/s/ Matt Zmigrosky, as attorney-in-fact for Charles A. Meloy|2026-02-04

Documents

1 file
  • 4
    wk-form4_1770238870.xmlPrimary

    FORM 4