Van't Hof Matthew Kaes 4
Research Summary
AI-generated summary
Diamondback CEO Matthew Van't Hof Sells 10,000 Shares
What Happened
Matthew Kaes Van't Hof, CEO of Diamondback Energy, sold 10,000 shares in an open-market/private sale on March 6, 2026. The weighted average sale price was $180.84 per share (range $180.665–$181.15), for total proceeds of approximately $1,808,399. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-03-06 (filed 2026-03-10).
- Price: weighted average $180.84; individual trade prices ranged from $180.665 to $181.15 (see footnote F1).
- Shares sold: 10,000; proceeds: ~$1,808,399.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote F1: the reported price is a weighted average; the filer will provide a breakdown of the number of shares sold at each price on request.
- Filing timeliness: filed on Mar 10 — within the standard two business-day window for Form 4 reporting.
Context
- This was an outright sale. Sales by executives can be routine (for diversification, taxes, or liquidity) and do not by themselves indicate company performance or intent.
- The sale occurred in multiple trades across a narrow price range; the filing provides a weighted average and offers to supply per-trade details if requested.