Meloy Charles Alvin 4

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).