Dick Teresa L. 4

What Happened
Teresa L. Dick, Chief Administrative Officer, Executive Vice President and Assistant Secretary of Diamondback Energy (FANG), sold a total of 5,500 shares in two open-market transactions. On 2026-03-06 she sold 3,000 shares at a weighted-average price of $181.46 per share for proceeds of $544,373 (sales occurred at prices between $181.36 and $181.59). On 2026-03-09 she sold 2,500 shares at $185.00 per share for proceeds of $462,500. Total proceeds across both trades were about $1,006,873. These were sales (S codes), which are typically routine dispositions rather than buy signals.

Key Details

• Transaction dates and prices:
  • 2026-03-06: 3,000 shares sold, weighted-average $181.46 (range $181.36–$181.59) — $544,373.
  • 2026-03-09: 2,500 shares sold, $185.00 — $462,500.
• Total shares sold: 5,500; total proceeds ≈ $1.01M.
• Shares owned after transaction: Not specified in the excerpt provided — see the full Form 4 for post-transaction beneficial ownership.
• Footnote: The Mar 6 price is a weighted-average; the filing notes multiple sales at prices from $181.36 to $181.59 and offers to provide a per-trade breakdown on request (Footnote F1).
• Timeliness: Form 4 filed 2026-03-10; based on the trade dates this filing appears to be timely.

Context
These were open-market sales (not option exercises, gifts, or awards). Sales by corporate officers can be routine (e.g., diversification, tax planning, or other personal reasons) and do not by themselves indicate company performance; purchases generally carry more weight as insider bullish signals. For full details (post-transaction holdings and any related 10b5‑1 plans or other disclosures), consult the complete Form 4 (Accession 0001539838-26-000040).